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Showing 511 - 520 of 8816 results for "Regulator"

ASIC confirms investigation into a Clime fund

KARREN VERGARA  |  FRIDAY, 31 OCT 2025
ASIC has commenced a preliminary investigation into the Clime Australian Income Fund. The corporate watchdog set the record straight, stating that it has commenced an investigation into the fund with respect to its compliance with the target market ...

ASIC reveals findings from reporting and audit surveillance

ELIZA BAVIN  |  FRIDAY, 31 OCT 2025
... is the third and final report from ASIC's expanded program of work to improve financial report and audit quality, the regulator said. "ASIC's expanded program of work revealed that improvement is needed in delivering higher-quality financial reports ...

Chris Marco sentenced to prison over $34m fraud

MATTHEW WAI  |  FRIDAY, 31 OCT 2025
Convicted Perth fraudster Chris Marco had his sentence handed down this week, after being found guilty following a five-week trial in September. The Supreme Court of Western Australia has sentenced Marco to 14 years imprisonment, with eligibility for ...

Treasury seeks feedback on foreign investment reforms

ELIZA BAVIN  |  FRIDAY, 31 OCT 2025
The government is developing legislative reforms to further streamline and strengthen the foreign investment framework, with Treasury releasing a discussion paper for feedback. Treasury said reforms will seek to ensure Australia remains an attractive ...

Cbus agrees to pay $23.5m fine

ELIZA BAVIN  |  FRIDAY, 31 OCT 2025
... delayed death benefit payments to members. A Cbus spokesperson told Financial Standard the super fund co-operated with the regulator throughout the legal process and has agreed to pay compensation to impacted members, families and beneficiaries. Compensation ...

Ex Rest Super exec takes on regional gig

ELIZABETH FRY  |  THURSDAY, 30 OCT 2025
Rob Leck, Rest Super's former head of investment risk, has joined FactSet as regional director for asset owners in the Asia-Pacific. After four years with the superannuation fund, Leck has moved to the global financial digital platform and market ...

Equity Trustees to ask Mulino for help amid First Guardian, Shield fallout

JAMIE WILLIAMSON  |  THURSDAY, 30 OCT 2025
Equity Trustees will follow Netwealth's lead and make an application to the government under Part 23 of the SIS Act for help in making First Guardian and Shield investors whole. Speaking at the Equity Trustees annual general meeting today, managing ...

ASIC labels digital assets as financial products

MATTHEW WAI  |  THURSDAY, 30 OCT 2025
... regulated financial product. To provide transitional support ahead of the reform, ASIC commissioner Alan Kirkland said the regulator has granted a sector-wide no-action position until 30 June 2026. The no-action position was informed by feedback from ...

FAAA names new board members

KARREN VERGARA  |  THURSDAY, 30 OCT 2025
The Financial Advice Association of Australia (FAAA) appointed three members to its board who will serve a term of three years. Viridian Financial Group joint chief executive Glenn Calder and Marshan Consulting managing director Ben Marshan join as ...

Crown Wealth director banned for two years

KARREN VERGARA  |  THURSDAY, 30 OCT 2025
... no clients suffered any financial loss." Rodwell also criticised ASIC for not getting its priorities right. While the regulator aggressively pursued a technical issue against Crown, he said, large-scale investment fund failures such as the First Guardian ...