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Showing 51 - 60 of 8995 results for "Regulator"

Advice firms lacking AI integration: Iress

VINNY VUCAGO  |  FRIDAY, 16 OCT 2026
Artificial intelligence (AI) is delivering productivity gains across financial advice, but only 7% of practices have embedded the technology across most of their workflows, research from Iress has found. Research by Iress and Signal Advisory, drawing ...

ASIC consults on new digital asset laws

MATTHEW WAI  |  THURSDAY, 15 OCT 2026
... with industry and will continue to directly liaise with stakeholders through the consultation period. Additionally, the regulator is also proposing to streamline licensing processes for existing AFSLs and those who applied for an authorisation in response ...

ASIC 'scrutinising' Sequoia's second InterPrac fire sale

KARREN VERGARA  |  WEDNESDAY, 14 OCT 2026
The corporate regulator says it is "closely scrutinising" Sequoia Financial Group's second attempt at a fire sale of InterPrac Financial Planning to a little-known private investor. Sequoia yesterday announced it had "successfully concluded" the ...

FEATURE | Governance | Stumping up

RIDDHIMA TALWANI  |  WEDNESDAY, 14 OCT 2026
... Diversa over its lack of proper oversight in allowing the First Guardian fund pass through its screening process. The regulator alleges if Diversa had done its job right and caught the fund in its due diligence process, its members would still have their ...

'Flawed' CSLR model needs to be redesigned: SMC

MATTHEW WAI  |  WEDNESDAY, 14 OCT 2026
The latest proposal from the government to see super funds contribute to the Compensation Scheme as a Last Resort (CSLR) would force everyday Australians to fund failures which arose in unrelated high-risk financial services, the Super Members Council ...

Former adviser defies permanent banning orders

KARREN VERGARA  |  WEDNESDAY, 14 OCT 2026
... permanent banning orders and is in the process of being prosecuted. Nesseim was slapped with permanent banning orders by the regulator between 2018 and 2019 that barred him from providing financial services and engaging in credit activities. In 2022 ...

OKX Australia launches perps for pre-IPO opportunities

MATTHEW WAI  |  WEDNESDAY, 14 OCT 2026
... penalties for breaching financial services law. This includes potential fines reaching up to 10% of annual turnover, the regulator said. ASIC is also keeping a close eye on the product, noting that it is "aware of speculative, high-risk derivatives known ...

ASIC flags gaps in super fund valuations

VINNY VUCAGO  |  WEDNESDAY, 14 OCT 2026
ASIC has called for stronger scrutiny of unlisted investments after finding persistent weakness in how some superannuation funds and auditors assess asset valuations, raising concerns about the accuracy of members' retirement balances. The regulators ...

ASIC hits Fidante private credit fund with interim stop order

KARREN VERGARA  |  TUESDAY, 13 OCT 2026
... Credit Income Fund, which is issued by Fidante Partners, has been hit with an interim stop order from the corporate regulator for target market determination (TMD) deficiencies. ASIC has prevented Fidante Partners, the responsible entity, from issuing ...

Fortnum pays $1.35m to settle ASIC lawsuit

MATTHEW WAI  |  TUESDAY, 13 OCT 2026
Fortnum Private Wealth will pay a penalty of $1.35 million and ASIC's costs to resolve legal proceedings against the firm over a cyber governance matter which occurred between April 2021 and May 2023. Fortnum self-reported the matter to ASIC and ...