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| | | ... unacceptable risk" that Mawhinney will re-enter the fray and conduct, most likely through corporate vehicles, a financial services business that "adopts a financially reckless approach that exposes the investing public to significant risk of loss". He ... |
| | | | ... operated by Marco and AMS Holdings. The court also ordered that Marco be permanently restrained from carrying on a financial services business without an Australian Financial Services Licence or operating an unregistered managed investment scheme. |
| | | | ... in the public interest to clarify this. "This clarification is important as it applies to all financial products and services whether they involve digital assets or not," the regulator said, which applied for the special leave in May. The Earner product ... |
| | | | ... ORFR reserves to remediate every client that has been exposed to these investments," he added. Venture Egg Financial Services and its principal Ferras Merhi, and Reilly Financial were authorised representatives of InterPrac. Last week, ASIC added allegations ... |
| | | | ... It also failed to act in the best financial interests of its members, do all things necessary to ensure the financial services covered by its AFSL were provided efficiently, honestly and fairly. ETS also allegedly increased exposure to Shield by members ... |
| | | | ... on this." In his letter, ASIC chair Joe Longo outlined a range of measures ASIC has already undertaken to streamline services and cut regulatory red tape. In addition, Longo said there was an opportunity for law reforms which several stakeholders have ... |
| | | | Financial services firms stand at a pivotal juncture. Those in one camp, with their heads buried in the sand, can no longer ignore the fact that artificial intelligence (AI), particularly its sidekick generative AI (GenAI), is everywhere. The other ... |
| | | | ... for APAC and the Middle East, North Africa and South Asia (MENASA) regions. "With his strong background in financial services and regulated markets, we are confident that Binance can continue advancing our mission of fostering sustainable and responsible ... |
| | | | ... until he departed in April. He brings more than 25 years' experience in both Australian and international financial services and software companies. Prior to Bravura, Russell was chief executive of Class which was acquired by HUB24 in 2022. "The ... |
| | | | ... Schroder was clear in his remarks, saying it is the government's job to determine the direction of the country and the services and infrastructure that underpin it. "The job of super funds is to deploy capital into productive investments to bolster members' ... |
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