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Showing 51 - 60 of 695 results for "Financial products"

ASIC puts 18 finfluencers on notice amid global campaign

JAMIE WILLIAMSON  |  THURSDAY, 12 JUN 2025
... finfluencers in 2022, ASIC said it has seen a significant drop in the number of social media posts spruiking financial products and services by unauthorised finfluencers. However, it said its current concerns lay with finfluencers positioning themselves ...

ASIC sues Australian Unity for TMD failure

KARREN VERGARA  |  WEDNESDAY, 11 JUN 2025
... Court said the Design and Distribution Obligations (DDO) are there to help make sure consumers get appropriate financial products aligned with their objectives, financial situation and needs. "Issuers do not meet these obligations just by issuing a questionnaire. ...

ASIC takes Block Earner case to High Court

ELIZA BAVIN  |  WEDNESDAY, 21 MAY 2025
... public interest to clarify this," the regulator said. "This clarification is important as it applies to all financial products and services whether they involve crypto-assets or not." The High Court will consider ASIC's application on a date to be ...

ASIC streamlines AFSL applications

JAMIE WILLIAMSON  |  MONDAY, 5 MAY 2025
... application details, eliminating the need to separately upload additional documentation and the ability to select financial products and services at a more granular level so that ASIC can better understand the financial services that applicants intend ...

Private wealth group splashes $182m on Hejaz

KARREN VERGARA  |  FRIDAY, 11 APR 2025
... (ASX: ISLM), Hejaz Property Fund (ASX: HJZP) and Hejaz Sukuk Fund (ASX: SKUK). "The demand for Sharia-compliant financial products in Australia has surged, driven by a growing population seeking alternatives to conventional finance," said Ozyon. "Hejaz's ...

New SEC chair affirmed, FCA chief reappointed

MATTHEW WAI  |  FRIDAY, 11 APR 2025
... markets with rapid technological advancements, evolving investor expectations and the emergence of innovative financial products," Brown said. "We encourage chair Atkins and the SEC staff to update regulations and guidance to align with these advancements ...

Three AFS licensees pinged over compliance breaches

ANDREW MCKEAN  |  WEDNESDAY, 9 APR 2025
... licensees authorised a financial adviser, who gave personal advice to a retail client in relation to "relevant financial products" without being registered. ASIC said registration requirements are an "important consumer protection" because it confirms ...

ASIC told to 'end the chaos' of ASX CHESS issues

ELIZA BAVIN  |  FRIDAY, 28 MAR 2025
... intervention powers granted after the Hayne Royal Commission, including step-in powers to block poorly targeted financial products, for which ASIC was praised. "The committee was pleased to see early signs of success from ASIC's use of the new powers ...

New impact fund backs marginalised female entrepreneurs

ANDREW MCKEAN  |  MONDAY, 24 MAR 2025
... added the Australian government supports this model of tackling regional development issues with "innovative financial products," though its International Development Policy and recently announced Indo-Pacific NGO Blended Finance Accelerator. "By investing ...

Tranche 2 of DBFO dumps SOAs, enables 'nudges'

JAMIE WILLIAMSON  |  FRIDAY, 21 MAR 2025
... to collectively charge for advice where it relates to the purchase or disposal of non-super assets or other financial products, holistic financial planning, and estate and tax planning advice. Finally, funds will be able to send targeted prompts to members ...