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Showing 31 - 40 of 556 results for "Supervision"

Treasury proposes options to block victim-survivors' super going to perpetrators

JAMIE WILLIAMSON  |  THURSDAY, 5 MAR 2026
... Parliamentary Joint Committee on Corporations and Financial Services recommended an amendment to the Superannuation Industry (Supervision) Act 1993 to ensure beneficiaries who perpetrated domestic and family violence, including financial abuse, or caused ...

Equity Trustees places superannuation arm under review

JAMIE WILLIAMSON  |  THURSDAY, 19 FEB 2026
... reported a net profit after tax of $20.5 million, up 67% on 1H25. Its total funds under management, administration and supervision now sits at $283.7 billion, an increase of 28% on the corresponding period. About $96 billion of this sits within the superannuation ...

ASIC cancels AFSL of Qld securities dealer

MATTHEW WAI  |  MONDAY, 16 FEB 2026
... Markets, a wholly owned subsidiary of BIR Financial, for providing incompetent financial services, including inadequate supervision of its corporate authorised representatives (CARs). The cancellation took effect on February 11. ASIC found that the securities ...

ASIC imposes licence conditions on Cambridge Mercantile

ANGELIQUE MINAS  |  THURSDAY, 12 FEB 2026
... representatives, and that it failed to maintain adequate risk management systems and adequate human resources to carry out supervision, compliance, and risk management functions. Finally, ASIC found Cambridge breached its financial resource requirements. ...

Drummond steps up governance and adviser support

ELIZABETH FRY  |  THURSDAY, 5 FEB 2026
... He joins from Symmetry, a boutique Western Australian-based AFSL, where he oversaw governance, compliance, adviser supervision, advice technology and the end-to-end delivery of advice services. While at Symmetry, the licensee appointed Drummond Capital ...

AI, operational failures key regulatory risks for ASIC in 2026

RIDDHIMA TALWANI  |  TUESDAY, 27 JAN 2026
... "Private markets are opaque, and Australia has limited regulatory reporting outside superannuation, meaning constrained supervision and potential heightened risks for investors," ASIC said. The regulator said it will continue to crackdown on high-pressure ...

Pump and dump conspirators sentenced

MATTHEW WAI  |  TUESDAY, 23 DEC 2025
... Yusef to pay $13,464.89 to the Commonwealth of Australia. All offenders must not commit any offence and must submit to supervision by a community corrections officer, ASIC said. In delivering the sentencing judgment, judge Turner emphasised that duration ...

Sequoia expects earnings hit from Shield, First Guardian

KARREN VERGARA  |  TUESDAY, 16 DEC 2025
... potentially similar legacy exposures, the group has implemented enhanced risk management, compliance monitoring, and adviser supervision frameworks across its licensee and adviser services division," the firm said. Sequoia recently hired Sophie Chen ...

Diversa to 'vigorously defend' ASIC allegations

KARREN VERGARA  |  WEDNESDAY, 10 DEC 2025
... Diversa is seeking financial assistance from the federal government under Part 23 of the Superannuation Industry (Supervision) Act 1993 (Cth). Diversa said it is currently in the process of preparing its Part 23 application and expects to submit the ...

Former ASIC supervisor joins crypto platform as operating chief

MATTHEW WAI  |  MONDAY, 1 DEC 2025
... market structure roles such as the senior manager for securities and strategies. During his time at ASIC, he led the supervision of financial markets and managed compliance applications for Australian Market Licences, to which, Coinbase said Judd will ...