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Showing 41 - 50 of 807 results for "Corporations Act"

Feature: Compliance | Passing the buck

ELIZA BAVIN  |  WEDNESDAY, 15 OCT 2025
... registered managed investment schemes, and I would be interested to know what powers he thinks they lack, because the Corporations Act gives them a lot of powers," Walker says. Section 601FF of the Corporations Act states: "ASIC may, from time to time ...

ASIC seeks compensation for Shield victims from EQT

ELIZA BAVIN  |  MONDAY, 13 OCT 2025
... actions. "ETSL maintains that it has acted in accordance with its fiduciary duties and obligations under the Corporations Act and the Superannuation Industry (Supervision) Act," O'Brien said. "ETSL therefore intends to continue to defend the proceeding ...

ASIC raises alarm on auditor independence, conflicts of interest

KARREN VERGARA  |  WEDNESDAY, 8 OCT 2025
... auditor rotation breaches from Hall Chadwick (NSW). While independence requirements are prescriptive under the Corporations Act 2001, ASIC said the legal framework "requires that auditors ensure that they are unaffected, and are seen to be unaffected ...

ASIC permanently bans jailed adviser

MATTHEW WAI  |  FRIDAY, 26 SEP 2025
... disqualified register, and he has the right to appeal to the Administrative Review Tribunal for a review. Under the Corporations Act, ASIC may permanently ban a person from providing financial services if they are convicted of fraud.

Crypto providers to hold AFSL under proposed laws

MATTHEW WAI  |  THURSDAY, 25 SEP 2025
... regulate platforms that hold digital assets. The draft legislation introduces two new financial products within the Corporations Act - digital asset platform and tokenised custody platform. This means the existing consumer protections and licensing rules ...

360 Capital receives takeover offer from TT Investments

MATTHEW WAI  |  MONDAY, 15 SEP 2025
... announcement by TT Investments in relation to its takeover offer and its notice given under section 633(4) of the Corporations Act." In a swift response, 360 Capital Group said it is considering the offer. "Given that TT Investments is associated with ...

Court extends freezing orders on First Mutual Private Equity

MATTHEW WAI  |  FRIDAY, 12 SEP 2025
... group of unlicensed representatives, allegedly claiming they could do so under exemptions in section 708 of the Corporations Act. It is understood this was reported to ASIC in June 2024. Financial Standard did not receive a response from FMPE when it ...

Receivers appointed to two Australian Fiduciaries entities

JAMIE WILLIAMSON  |  WEDNESDAY, 10 SEP 2025
... accounts in Malaysia where he has allegedly been living for the past two years. The judge pointed out that under the Corporations Act, an Australian-based director is required but Rushton appears to be the sole director of the entities in question. Dividends ...

ASIC lands special leave against Block Earner

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... that Earner was neither a financial product, managed investment scheme, or derivative under definitions of the Corporations Act. The grant of special leave is conditional upon ASIC agreeing to pay Block Earner's costs of the appeal. ASIC has 14 days ...

Equity Trustees defies ASIC Shield Master Fund allegations

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... Further, O'Brien said ETSL believes it acted in line with its fiduciary duties and obligations under the Corporations Act and Superannuation Industry (Supervision) Act. A recent report by the AFR showed that in 2022, an EQT junior analyst raised ...