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Showing 51 - 60 of 107 results for %22Australian Financial Services Pty Ltd%22

ALI penalised after compliance failures

BEN COLLINS  |  WEDNESDAY, 20 JUN 2012
... Life Insurance Distribution Pty Ltd for failing to comply with a number of its obligations as an Australian financial services licensee. After an internal review, ALI Group reported to ASIC in December 2011 that from the time it was granted a financial ...

ASIC warns against fake investment group

LINDA HAUSKEN  |  TUESDAY, 12 JUN 2012
... opportunities. Connaught representatives are cold calling people for investment purposes while quoting the Australian Financial Service (AFS) licence and Australian Company Number (ACN) of a legitimately registered AFS licence holder. ASIC said the prospective ...

ASIC obtains order banning derivatives trading director

BEN COLLINS  |  TUESDAY, 24 APR 2012
Australian Securities & Investments Commission action has resulted in Neil William King, formerly of Brighton, Victoria, being removed from the financial services industry for six years. In proceedings brought by Australian Securities & Investments ...

ASIC bans adviser following fraud conviction

BEN COLLINS  |  TUESDAY, 24 APR 2012
The Australian Securities & Investments Commission has permanently banned Christos Papaioannou, also known as Chris Pappas, from providing financial services following his conviction on fraud charges in the Magistrates Court of Victoria. On 29 March ...

ASIC strikes against currency trader

MELANIE TIMBRELL  |  TUESDAY, 3 APR 2012
The Australian Securities and Investments Commission has launched strike-off action against Brisbane-based TRADERS SERVICES, formerly known as Your Trading Room. While the current strike-off action relates to unpaid licence fees, reports allege that ...

Sentry advisers' new referral opps

ELISE BURGESS  |  TUESDAY, 13 MAR 2012
... referral process, known as the Structured Referral System (SRS) initiative, is reportedly the first of its type in the Australian marketplace. Instead of a joint venture between financial services and the real estate industry as has happen previously ...

ASIC charges against new wave of boiler room scams

ELISE BURGESS  |  MONDAY, 6 FEB 2012
... planning business, Golden Sparrow Pty Ltd, based on the Gold Coast has been wound up following an application by the Australian Securities and Investments Commission (ASIC) to the Supreme Court of Queensland. ASIC alleged Golden Sparrow, GS Contracting ...

Gold Coast scam sees 20 investors lose $250,000

CLAIRE MCGREAL  |  MONDAY, 28 NOV 2011
... recovered. The court's injunctive orders have frozen approximately $38,000 of the remaining funds. Queensland police and the Australian Crime Commission have been helping ASIC with their inquiries, and are continuing to investigate a number of similar ...

ASIC cancels South Australian financial services licence

CLAIRE MCGREAL  |  THURSDAY, 17 NOV 2011
... laws in the future. MPF authorised individuals and companies provided financial services under its Australian Financial Services (AFS) license, including the provision of financial product advice, and dealing in financial products including derivatives ...

ASIC bans authorised representative of Romad Financial Services

CLAIRE MCGREAL  |  TUESDAY, 8 NOV 2011
... representative of Romad Financial Services Pty Ltd (RFS) and the Responsible Manager and Key Person of RFS's Australian financial services licence (AFS) since June 2004. An ASIC investigation found he failed to comply with financial services laws over ...