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Showing 491 - 500 of 8706 results for "Regulator"

ASIC issues interim stop orders to La Trobe Financial

JAMIE WILLIAMSON  |  FRIDAY, 19 SEP 2025
... Year Account products offered under the La Trobe Australian Credit Fund, as well as its US Private Credit Fund. The regulator said it is concerned that the target market determinations (TMDs) for all three offerings are deficient. The orders are in place ...

APRA to hunt for new deputy chair

ELIZA BAVIN  |  FRIDAY, 19 SEP 2025
... achieved over her term. "It has been a difficult decision to move on from such a critical role in a highly respected regulator with first rate colleagues and a vital mission for Australia and its people," Cole said. "But leadership is about taking the ...

ASIC chair calls it quits

KARREN VERGARA  |  FRIDAY, 19 SEP 2025
... effectiveness has come under fire in the wake of the Australian Fiduciaries, First Guardian and Shield Master Fund scandals. The regulator estimates that First Guardian and Shield have lost more than $1 billion in investors' money. ASIC has since ...

Equity Trustees slashes value of Shield investments

JAMIE WILLIAMSON  |  THURSDAY, 18 SEP 2025
Equity Trustees has marked down the value of units held in the Shield Master Fund by as much as 75%, as victims petition the government for $5 million to start a recovery fund. The Save Our Super campaign, comprising victims of the Shield Master Fund ...

ASIC makes 'first-of-its-kind' exemption to broaden digital asset access

MATTHEW WAI  |  THURSDAY, 18 SEP 2025
... product disclosure statement (PDS) available to their clients, where the issuer has prepared one, ASIC said. The market regulator will continue to explore extending the relief to other stablecoins when they become eligible. The announcement follows ASIC's ...

ASIC sets sights on 140 advisers

ELIZA BAVIN  |  THURSDAY, 18 SEP 2025
ASIC deputy commissioner Sarah Court told a parliamentary committee this morning that the regulator has identified around 140 financial advisers who were involved in super switching misconduct relating or similar to Shield and First Guardian. "We had ...

FEATURE: Problem detected

MATTHEW WAI  |  THURSDAY, 18 SEP 2025
... "And the recently released 2025-26 Corporate Plan builds on those instruments, as well, giving you a sense of what the regulator expects and believes will be important as an industry, what we can do to safeguard our clients, financial assets and retirement ...

ASIC appoints new chair, deputy chair and members to MDP

RIDDHIMA TALWANI  |  WEDNESDAY, 17 SEP 2025
ASIC has appointed a new chair, deputy chair and three new members to its Market Disciplinary Panel (MDP), replacing five members who are set to retire. Victoria Weekes has been appointed chair of the MDP, taking over the reigns from Simon Gray after ...

Former staffer sues ASX, Lofthouse over bullying

ELIZA BAVIN  |  TUESDAY, 16 SEP 2025
ASX chief executive Helen Lofthouse is being sued by the former ASX head of trading technology Jamie Halstead, accusing Lofthouse of bullying. Halstead has also alleged the ASX failed to provide adequate resources for major projects, including the embattled ...

Another industry body urges Division 296 reconsideration

MATTHEW WAI  |  TUESDAY, 16 SEP 2025
While the Institute of Public Accountants (IPA) supports sensible reforms to make superannuation "more equitable", it - like many industry bodies - believes the taxing of unrealised capital gains and the lack of indexation can pose compliance challenges ...