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Showing 41 - 50 of 297 results for "Watchdog"

Government advances adviser levy drop

KARREN VERGARA  |  THURSDAY, 11 NOV 2021
... forging ahead with slashing the financial adviser levy by more than a third for those that provide retail advice. Corporate watchdog ASIC today updated its 2020-21 Cost Recovery Implementation Statement, which lays out how much it recovers from the superannuation ...

ASIC looks to tighten crypto ETP oversight

JAMIE WILLIAMSON  |  WEDNESDAY, 30 JUN 2021
... scams. For the first five months of this year almost $27 million in losses from Bitcoin-related scams was reported to the watchdog. ASIC regulates cryptoassets and related products and services to the extent they fall within the existing regulatory perimeter ...

ASIC changes ETF market maker rules

KARREN VERGARA  |  TUESDAY, 22 JUN 2021
... competition between market makers facilitates market efficiency and can produce benefits for retail investors," the corporate watchdog said. Authorised participants help create liquidity for ETFs. Responsible entities appoint authorised participants ...

ASIC increases short selling surveillance

KARREN VERGARA  |  THURSDAY, 3 JUN 2021
... notice, warning them that any information released on a target company must be accurate and objective. The corporate watchdog outlined several areas that it will keep an eye on in the newly released Information Sheet 255 Activist short selling campaigns ...

Foreign exchange brokers banned

ANNABELLE DICKSON  |  THURSDAY, 18 MAR 2021
The corporate watchdog has banned the sole director and four employees of contracts-for-difference and FX broker Forex Capital Trading from providing financial services. Forex CT chief executive officer, responsible manager and sole director Shlomo ...

ACCC merger reforms may impact super industry

ELIZA BAVIN  |  FRIDAY, 26 FEB 2021
The competition watchdog has accelerated merger activity in the superannuation sector in its sights as it becomes increasingly concerned about lack of competition in financial services. Australian Competition and Consumer Commission (ACCC) chair Rod ...

Most ethical companies revealed

ELIZABETH MCARTHUR  |  THURSDAY, 25 FEB 2021
... fined $2 million by the state of California. Also making Ethisphere's list is John Deere, which Australia's consumer watchdog is currently looking into. The company has been locking in disputes in recent years with farmers all over the world over its ...

ASIC zeroes in on bad SMSF advice, conduct

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
... several key projects are progressing to address the poor advice and behaviours that remain active in the SMSF sector. The watchdog is taking the appropriate actions against any misleading information provided to consumers, Press said, making Squirrel ...

Woodford flags comeback

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
... Jersey Financial Services Commission, sharing information about applications Woodford has made to be able to operate. The watchdog is still investigating the downfall of the Woodford Equity Income Fund. "The investigation is being appropriately resourced ...

ASIC faces cybersecurity attack

KARREN VERGARA  |  WEDNESDAY, 27 JAN 2021
Corporate watchdog ASIC was hit with a cybersecurity breach on January 15 that has potentially exposed personal information. ASIC announced on January 25 that the incident involved unauthorised access to a server that contained documents associated ...