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Showing 51 - 60 of 1332 results for "Corporations"

First Mutual Private Equity gambled $80m of investor funds: ASIC

ANGELIQUE MINAS  |  MONDAY, 3 NOV 2025
... by a group of unlicensed representatives that claimed to operate under exemptions outlined in section 708 of the Corporations Act. It is understood that this was reported to ASIC in June 2024. FMPE has still not released an official statement regarding ...

ASIC labels digital assets as financial products

MATTHEW WAI  |  THURSDAY, 30 OCT 2025
... existing laws apply to digital assets. Until now, cryptocurrency has not been regulated as a financial product under the Corporations Act, AFCA said, which exempts some crypto or digital asset providers from the AFCA external dispute resolution scheme ...

Court blocks Merhi from financial services

KARREN VERGARA  |  TUESDAY, 28 OCT 2025
... that, unless restrained, Merhi will continue to provide financial product advice in a manner that contravenes the Corporations Act. ASIC also obtained orders for the appointment of a receiver to identify all Merhi's assets and liabilities to be provided ...

M&A makes rebound, creating higher-value deals: Deloitte

MATTHEW WAI  |  MONDAY, 27 OCT 2025
... relative pause, Deloitte's The Deal in Focus: Heads of M&A report said, based on conversations with 100 Australian M&A corporations. Three in four (75%) believe economic conditions support M&A activity, yet nearly half (47%) said international uncertainty ...

Former Statewide Super executives acquitted

JAMIE WILLIAMSON  |  THURSDAY, 16 OCT 2025
... respectively of using their positions dishonestly for the benefit of another, contrary to s184(2)(a) and (b) of the Corporations Act. This month, both Netting and Eastwood were acquitted of all charges following a trial in the District Court of South ...

Feature: Compliance | Passing the buck

ELIZA BAVIN  |  WEDNESDAY, 15 OCT 2025
... registered managed investment schemes, and I would be interested to know what powers he thinks they lack, because the Corporations Act gives them a lot of powers," Walker says. Section 601FF of the Corporations Act states: "ASIC may, from time to time ...

QIC to lead investor gateway for energy sector

ANGELIQUE MINAS  |  MONDAY, 13 OCT 2025
... (QIC) to lead new investor gateway to attract and coordinate private capital. In partnership with Government Owned Corporations (GOCs), the gateway will boost investment into the state's energy sector. The state government said it has asked QIC to leverage ...

ASIC seeks compensation for Shield victims from EQT

ELIZA BAVIN  |  MONDAY, 13 OCT 2025
... ETSL's actions. "ETSL maintains that it has acted in accordance with its fiduciary duties and obligations under the Corporations Act and the Superannuation Industry (Supervision) Act," O'Brien said. "ETSL therefore intends to continue to defend the proceeding ...

ASIC raises alarm on auditor independence, conflicts of interest

KARREN VERGARA  |  WEDNESDAY, 8 OCT 2025
... multiple auditor rotation breaches from Hall Chadwick (NSW). While independence requirements are prescriptive under the Corporations Act 2001, ASIC said the legal framework "requires that auditors ensure that they are unaffected, and are seen to be unaffected ...

ASIC permanently bans jailed adviser

MATTHEW WAI  |  FRIDAY, 26 SEP 2025
... disqualified register, and he has the right to appeal to the Administrative Review Tribunal for a review. Under the Corporations Act, ASIC may permanently ban a person from providing financial services if they are convicted of fraud.