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Showing 61 - 70 of 5197 results for "2015-16 ASIC"

Adviser exam pass rate exceeds 70% for the first time in 12 months

MATTHEW WAI  |  TUESDAY, 7 APR 2026
... (77.7%) sat the exam for the first time. Unsuccessful candidates will receive general feedback on areas they underperformed, ASIC said. The pass rate has improved from the previous seatings in November 2025 (68%) and August 2025 (69%). At the same time ...

ASIC disqualifies crypto fund director for five years

MATTHEW WAI  |  THURSDAY, 2 APR 2026
ASIC has disqualified Ashod Ohan Balanian from managing corporations for five years for his involvement in three failed companies which operated a cryptocurrency fund. Balanian is disqualified until at least 31 March 2031. ASIC found Balanian engaged ...

Digital assets framework bill passes, paves the way for consumer confidence

MATTHEW WAI  |  THURSDAY, 2 APR 2026
... businesses meet standards like those in the broader financial system. This move was welcomed by the industry. Under the amendment, ASIC is also granted enforcement power over related DAPs and TCPs, and any breaches may attract civil penalties, it said. ...

ASX is 'compromised' and 'lacks aspiration': Final report

ELIZA BAVIN  |  THURSDAY, 2 APR 2026
... unprecedented step in June 2025 of commissioning the Inquiry into ASX after years of persistent issues and operational failings. ASIC chair Joe Longo said the ASX Inquiry's Final Report reinforced the strategic package of reforms ASIC announced in December ...

APRA imposes additional licence conditions on Fiducian

RIDDHIMA TALWANI  |  WEDNESDAY, 1 APR 2026
... weaknesses identified in platform trustees," Cole said. Separately, Fiducian will pay ASIC a $7.3 million greenwashing penalty. ASIC found Fiducian made false and misleading statements about the socially responsible and ethical nature of its Diversified ...

Fiducian to pay $7.3m greenwashing fine

KARREN VERGARA  |  TUESDAY, 31 MAR 2026
... operated by Ausbil Investment Management, and an Australian ESG shares mandate operated by Solaris Investment Management. ASIC said in a statement: "While Fiducian Investment Management Services Limited has agreed to make admissions in relation to contraventions ...

Another former Venture Egg adviser slapped with four-year ban

MATTHEW WAI  |  TUESDAY, 31 MAR 2026
... Egg), has been banned for four years over inappropriate advice and deceptive conduct, including impersonating other advisers. ASIC has banned Nicholas Hogan from the financial services industry for four years, effective 18 December 2025. During his employment ...

US private credit firm swoops in to save Star

ELIZA BAVIN  |  MONDAY, 30 MAR 2026
Star Entertainment has entered a binding commitment with US private credit fund WhiteHawk Capital Partners to refinance the group's debt. The agreement is for a three-year refinancing, covering existing obligations and providing additional liquidity ...

Binance Australia to pay $10m over deliberate customer misclassifications

MATTHEW WAI  |  MONDAY, 30 MAR 2026
... million after it was found to have misclassified more than 85%, or 524, of its retail clients between July 2022 and April 2023. ASIC commenced legal proceedings against the crypto platform in December 2024 alleging the entity breached multiple obligations ...

Super funds must protect members, says Kirkland

MATTHEW WAI  |  FRIDAY, 27 MAR 2026
The detriment of Shield and First Guardian Master Funds undermines trust in the superannuation system, ASIC commissioner Alan Kirkland warned, saying trustees must revise their processes to avoid exploitation by super switching schemes. Speaking at ...