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Showing 41 - 50 of 689 results for "Financial products"

Treasury wants 'more confidence' in sustainable product labels

MATTHEW WAI  |  MONDAY, 21 JUL 2025
... aims to clarify what 'sustainable', 'green' or similar words mean when they're applied to financial products. The paper includes current regulation and disclosure requirements for financial products, overseas frameworks, and some ...

James Mawhinney contravened law: Federal Court

KARREN VERGARA  |  FRIDAY, 11 JUL 2025
... in mid-2020. In April 2021, the Federal Court restrained Mawhinney from promoting and raising funds through financial products for 20 years, which was overturned on 15 September 2022 following Mawhinney's appeal. The matter was remitted back to the ...

ASIC funding levy to charge advisers $46.2m

KARREN VERGARA  |  FRIDAY, 4 JUL 2025
... Implementation Statement (CRIS) report shows that advisers who provide personal advice to retail clients on relevant financial products, which comprises most of the sector, will pay $39.3 million. This is based on 2680 AFSLs with 15,233 advisers. In ...

CSLR releases revised levy estimate

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
... bulk of CSLR claims have been generated by a small number of medium to large firms, and by the collapse of financial products: a sector that currently makes no contribution at all to consumer compensation under the CSLR. "In contrast, the vast majority ...

ASIC puts 18 finfluencers on notice amid global campaign

JAMIE WILLIAMSON  |  THURSDAY, 12 JUN 2025
... finfluencers in 2022, ASIC said it has seen a significant drop in the number of social media posts spruiking financial products and services by unauthorised finfluencers. However, it said its current concerns lay with finfluencers positioning themselves ...

ASIC sues Australian Unity for TMD failure

KARREN VERGARA  |  WEDNESDAY, 11 JUN 2025
... Court said the Design and Distribution Obligations (DDO) are there to help make sure consumers get appropriate financial products aligned with their objectives, financial situation and needs. "Issuers do not meet these obligations just by issuing a questionnaire. ...

ASIC takes Block Earner case to High Court

ELIZA BAVIN  |  WEDNESDAY, 21 MAY 2025
... public interest to clarify this," the regulator said. "This clarification is important as it applies to all financial products and services whether they involve crypto-assets or not." The High Court will consider ASIC's application on a date to be ...

ASIC streamlines AFSL applications

JAMIE WILLIAMSON  |  MONDAY, 5 MAY 2025
... application details, eliminating the need to separately upload additional documentation and the ability to select financial products and services at a more granular level so that ASIC can better understand the financial services that applicants intend ...

Private wealth group splashes $182m on Hejaz

KARREN VERGARA  |  FRIDAY, 11 APR 2025
... (ASX: ISLM), Hejaz Property Fund (ASX: HJZP) and Hejaz Sukuk Fund (ASX: SKUK). "The demand for Sharia-compliant financial products in Australia has surged, driven by a growing population seeking alternatives to conventional finance," said Ozyon. "Hejaz's ...

New SEC chair affirmed, FCA chief reappointed

MATTHEW WAI  |  FRIDAY, 11 APR 2025
... markets with rapid technological advancements, evolving investor expectations and the emergence of innovative financial products," Brown said. "We encourage chair Atkins and the SEC staff to update regulations and guidance to align with these advancements ...