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Showing 51 - 60 of 951 results for "AFSL"

Drummond steps up governance and adviser support

ELIZABETH FRY  |  THURSDAY, 5 FEB 2026
... business with more than 14 years' experience in Australian financial services, including senior roles in financial advice, AFSL leadership, governance and compliance. Mitchell will run compliance and governance across the firm, while leading implementation ...

BPS Financial fined $14m over Qoin Wallet

ANGELIQUE MINAS  |  WEDNESDAY, 28 JAN 2026
... that BPS Financial had been providing financial advice for three years without an Australian Financial Services Licence (AFSL). It was also found to have engaged in misleading and deceptive conduct by making several false and misleading representations ...

IFS unveils new pathway for industry super fund advice

MATTHEW WAI  |  THURSDAY, 22 JAN 2026
... "IFS' new licensing solution bridges this gap by enabling independent advisers to deliver tailored advice under a trusted AFSL framework, supported by an efficient technology platform, robust compliance and training resources." This comes as the ...

ASIC seeks relief extension for securitisation entities

KARREN VERGARA  |  WEDNESDAY, 21 JAN 2026
ASIC is seeking to extend a relief for securitisation entities from holding an AFSL for five more years. The regulator is seeking stakeholder feedback on its plans to remake a relief instrument by extending the exemption for securitisation entities ...

Adviser of MWL, UGC banned for seven years

MATTHEW WAI  |  MONDAY, 22 DEC 2025
... not in his clients' best interest. Earlier this month, ASIC suspended MW Planning 's Australian financial services licence (AFSL) after it failed to appoint a new responsible manager. It follows the banning of the responsible and compliance manager Robert ...

RM Capital, SMSF Club to pay $925k over conflicted remuneration

RIDDHIMA TALWANI  |  FRIDAY, 19 DEC 2025
... Justice Jackson said: "I am conscious that RM Capital is a small organisation with limited resources. But in its capacity as an AFSL holder, these responsibilities were not mere inconvenient distractions from its business activities; they were core responsibilities." ...

ASIC welcomes support for simplifying guidance on conflicts of interest

MATTHEW WAI  |  TUESDAY, 16 DEC 2025
... has made changes to the regulatory guidance on managing conflicts of interest for Australian financial services licence (AFSL) holders, with the changes informed by its surveillance of private markets. The updated Regulatory Guide 181 AFS Licensing ...

Mulino wants PII to step up to make CSLR sustainable

KARREN VERGARA  |  MONDAY, 15 DEC 2025
... the value PII brings in the context of CSLR. At the recent Financial Advice Association Congress, he shared that one large AFSL had to fly to London to negotiate with the insurer Lloyd's of London to cover a portion of a determination. The AFSL ended ...

ASIC suspends MW Planning AFSL over missing responsible manager

MATTHEW WAI  |  FRIDAY, 12 DEC 2025
ASIC has suspended the Australian financial services licence (AFSL) of MW Planning, a subsidiary of MWL Financial Group, after it failed to appoint a new responsible manager. The AFSL is suspended until 8 June 2026. ASIC said MW Planning failed to fulfil ...

ASIC class relief for digital assets now effective

MATTHEW WAI  |  WEDNESDAY, 10 DEC 2025
... proposing to mandate digital asset providers offering financial products to hold an Australian financial services licence (AFSL). Meanwhile, the ASIC Corporations (Amendment) Instrument 2025/871 - registered on the same day - amends the ASIC Corporations ...