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Showing 51 - 60 of 781 results for "Australian Financial Services"

New trading platform to enter Australia

ELIZABETH MCARTHUR  |  TUESDAY, 21 DEC 2021
... company will position itself locally as a premium online trading platform. It has been granted an Australian Financial Services Licence by ASIC. Moomoo offers a free online account and says an account can be opened in minutes. It differentiates itself ...

Marketech partners with Chi-X Australia

CHLOE WALKER  |  MONDAY, 29 NOV 2021
... opening access to these products to all Australian investors," Jokovic said. "The future of the Australian financial services sector will be forged on using technology to solve pain points for investors. "Two technology-focused companies like Chi-X Australia ...

ASIC cancels AFSL of Future Asset Management

ELIZABETH MCARTHUR  |  FRIDAY, 12 NOV 2021
... stripped Future Asset Management International of its licence to operate. ASIC cancelled the firm's Australian financial services licence because it is in liquidation. Future AM International is the responsible entity for Future Asset Holding Fund, Future ...

Carolyn Colley joins Milford board

ELIZABETH MCARTHUR  |  THURSDAY, 30 SEP 2021
... been appointed to Milford Asset Management's board as a director, bringing more than 30 years of Australian financial services sector knowledge. Colley was previously head of personal banking at Macquarie Group, chief operating officer of wealth management ...

ASIC provides licensing update

ELIZABETH MCARTHUR  |  THURSDAY, 16 SEP 2021
ASIC has released its annual report on the number of Australian financial services licences (AFSLs) and Australian credit licences (ACLs) applied for and approved - revealing an increase in applications. The regulator revealed that between July 2020 ...

Breach reporting guidance released

KARREN VERGARA  |  WEDNESDAY, 8 SEP 2021
... Complying with the notify, investigate and remediate obligations sets out further guidance on how Australian financial services licensees can meet their obligations, set to commence on October 1. ASIC explains how advisers must notify affected clients ...

NAB fined $18.5m over misleading fee disclosure

JAMIE WILLIAMSON  |  THURSDAY, 26 AUG 2021
... prohibited from charging service fees. The court said the bank also contravened its obligations as an Australian financial services licence holder by failing to have procedures and systems in place to ensure fee disclosure statements were provided in ...

New shareholder at Crescent Wealth

ELIZABETH MCARTHUR  |  THURSDAY, 5 AUG 2021
... opportunity for his family office to become a shareholder. "Crescent Wealth has been a pioneer in Australian financial services and a champion for Islamic finance initiatives. We share the same values and a passion for ethical investing. I look forward ...

ASIC cancels BBY licence

KANIKA SOOD  |  TUESDAY, 29 JUN 2021
The corporate regulator has cancelled the Australian financial services licence held by stockbroker BBY Limited, after suspending it in May 2015 for three years. BBY's AFSL will go until 31 March 2022 only for the purposes of giving clients access to ...

AMP sued for charging dead clients

JAMIE WILLIAMSON  |  THURSDAY, 27 MAY 2021
... pointed out. AMP and the aforementioned subsidiaries contravened their overarching obligations as Australian financial services licensees to act efficiently, honestly and fairly, the regulator said. "ASIC further alleges that the AMP companies' conduct ...