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Showing 61 - 70 of 5582 results for "ASIC"

Former ASFA COO joins housing fund manager

MATTHEW WAI  |  FRIDAY, 12 JUN 2026
... officer for ASFA between 2014 and 2017. Bringing over 30 years' experience to his new role, Buskens also held senior titles at ASIC, Link Market Services, and Australian Administration Services. At C1 Capital Group, Buskens will be focused on strengthening ...

Stablecoin to reshape financial services workforce

MICHELLE BALTAZAR  |  THURSDAY, 11 JUN 2026
... statistics, but that could change once it catches up with the global stablecoin market worth US$320 billion. Last month, ASIC chair Joe Longo told the Tech Council of Australia that the regulator is beefing up its regulatory sandbox framework to help ...

Trustees lack death benefit claims uplift urgency: ASIC

KARREN VERGARA  |  WEDNESDAY, 10 JUN 2026
Two years since ASIC cracked the whip on superannuation funds to improve death benefit claims handling practices, a follow-up review found very little to no improvements have been made. ASIC's review of 45 trustees found varying degrees of urgency ...

ASIC to take 'balanced' stance on super advertising ban rules

KARREN VERGARA  |  WEDNESDAY, 10 JUN 2026
... these are available to a MySuper product holder within the fund. Outlining its transitional approach to enforcing the ban, ASIC said it recognises that industry participants will need time to adjust processes and systems. For the first 12 months, the ...

Banks gaining on private credit firms in construction lending

RIDDHIMA TALWANI  |  WEDNESDAY, 10 JUN 2026
... markets, albeit with major bank expectations, there could be emerging signs of more crossover coming." This is happening as ASIC tightens its scrutiny on private credit funds. Thirty five percent of non-bank and private lenders said they've already been ...

Former Brite Advisors responsible manager banned

VINNY VUCAGO  |  WEDNESDAY, 10 JUN 2026
The Australian Securities and Investments Commission (ASIC) has permanently banned former Brite Advisors responsible manager Gerard Duffy from providing financial services after determining it had reason to believe he was not a fit and proper person. ...

CALI seeks life insurers exemption from lead generation ban

RIDDHIMA TALWANI  |  TUESDAY, 9 JUN 2026
... specific actions of lead generators that are problematic, being the advertising to attract consumers and cold calling. Former ASIC chair Joe Longo has said the most effective way to tackle unscrupulous actors in lead generation activity would be to stop ...

More aggressive than ever: ASIC defends First Guardian investigation

RIDDHIMA TALWANI  |  FRIDAY, 5 JUN 2026
ASIC was pulled up by the Senate Economics Committee over the time it has taken to act against Falcon Capital, the responsible entity for the collapsed First Guardian Master Fund. ASIC chair Sarah Court, attending the first parliamentary committee after ...

ASX sees trade volumes soar in May

MATTHEW WAI  |  THURSDAY, 4 JUN 2026
The Australian Securities Exchange (ASX) saw a substantial growth in trade volumes last month, despite continued lackluster movement in initial public offerings (IPOs). According to its May monthly activity report, ASX reported a 31% increase in total ...

Older Australians drive majority of super complaints: ASIC

RIDDHIMA TALWANI  |  THURSDAY, 4 JUN 2026
... Australians between the ages of 55 to 75 accounted for half of the internal complaints made to super funds in 2025, according to ASIC's Internal Dispute Resolution (IDR) data dashboard. Out of the 221,623 complaints super funds received from individuals ...