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Showing 51 - 60 of 335 results for "Cancelled"

ASIC takes action against Guildfords FM, director

KARREN VERGARA  |  FRIDAY, 28 JUN 2024
ASIC has cancelled the licence of Guildfords Funds Management and banned its managing director Robert Payne for their involvement in the collapse of Magnolia Capital Group. ASIC found "significant and systemic failures of oversight and compliance" upon ...

ASIC cancels AFSL of XTrade

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
The Australian Securities and Investments Commission (ASIC) has cancelled the Australian financial services licence (AFSL) of retail over-the-counter (OTC) derivatives issuer XTrade. XTrade offered clients opportunities to trade in contracts for difference ...

AFCA to expel Dixon Advisory

KARREN VERGARA  |  THURSDAY, 30 MAY 2024
... expulsion to take effect on and from 30 June 2024 pending its board's consideration of any submissions. When ASIC cancelled DASS's licence in 2023, it was required to be an AFCA member until at least 8 April 2024. This was also the last chance ...

AFCA finds more Dixon Advisory victims

KARREN VERGARA  |  FRIDAY, 10 MAY 2024
... financial year?" As at 10 April 2024, Dixon Advisory and Superannuation Services (DASS) remains a current AFCA member. ASIC cancelled DASS's licence on 5 April 2023. The terms of the cancellation require Dixon Advisory to maintain membership of AFCA ...

Fund managers nervously await 'golden visa' reforms

KARREN VERGARA  |  WEDNESDAY, 24 APR 2024
... base. KPMG Asia Pacific immigration leader Mark Wright told Financial Standard that the visa technically has not been cancelled. "It's still actively available but because no numbers have been allocated at the states, which is the primary vehicle ...

ASIC cancels AFSL of JB Markets

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
The Australian Securities and Investments Commission (ASIC) has cancelled the Australian Financial Services Licence (AFSL) of JB Markets effective from 12 April 2024. ASIC said JB Markets failed to comply with the financial requirements of its AFSL ...

Income inequality elevated, spikes: Oxfam

KARREN VERGARA  |  TUESDAY, 16 APR 2024
... low-interest loans to the poor countries, shows that borrowers are overindebted and need almost half (45%) of their debt cancelled. Head of Oxfam International's Washington D.C. Office Kate Donald said an agreement made last year by the World Bank to ...

Court delays DASS class action settlement approval

KARREN VERGARA  |  FRIDAY, 5 APR 2024
... about the type of information Justice Thawley was seeking. DASS went into voluntary administration in January 2022. ASIC cancelled its licence on 5 April 2023. DASS comprises the glut of the Australian Financial Complaints Authority's complaints ...

ASIC bans Queensland financial adviser

ELIZA BAVIN  |  WEDNESDAY, 20 MAR 2024
... Financial Adviser Register, while at MyPlanner, he failed to meet the annual CPD requirements. MyPlanner had its licence cancelled by ASIC in 2020 after two-year battle that began when ASIC surveillance found it was providing poor financial advice and ...

DASS settlement pending court approval, victims urged to claim

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
... 'at least' until 8 April 2024 because the Australian Financial Services Licence (AFSL) held by Dixon Advisory was cancelled by ASIC on 5 April 2023," Mackay Chapman executive counsel Matthew Kennedy and director Michael Chapman warned. "If or ...