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Showing 61 - 70 of 2080 results for "Australian Securities"

ASX says CHESS Release 2 costs to hit $320m

ELIZA BAVIN  |  TUESDAY, 26 NOV 2024
... investment for the effective and reliable operation of the current CHESS." The escalating costs come after the Australian Securities and Investments Commission (ASIC) launched proceedings against the ASX in August for allegedly making misleading statements ...

ASIC flags regulatory guide updates for 2025

ELIZA BAVIN  |  TUESDAY, 26 NOV 2024
The Australian Securities and Investments Commission (ASIC) has announced it intends to update some key regulatory guides in 2025. ASIC said it regularly reviews and updates regulatory guides to ensure they remain simple to follow, effective, current ...

ASIC sues NAB for failing customers

ELIZA BAVIN  |  MONDAY, 18 NOV 2024
The Australian Securities and Investments Commission (ASIC) has filed proceedings against National Australia Bank (NAB) in the Federal Court. ASIC alleges NAB failed 345 of its customers at their most vulnerable when they applied for hardship support ...

ASIC secures win against HCF Life

ELIZA BAVIN  |  TUESDAY, 29 OCT 2024
... consumers about their rights," Court said. ASIC also alleged that the term was an unfair contract term under the Australian Securities and Investments Commission Act 2001, however Justice Jackman dismissed that part of ASIC's case. ASIC said it will ...

ASIC makes key appointments to executive team

ELIZA BAVIN  |  THURSDAY, 17 OCT 2024
The Australian Securities and Investments Commission (ASIC) has made two appointments to its senior executive leadership team. Following an international search, ASIC chair Joe Longo announced the appointment of Peter Soros as executive director regulation ...

Property fund management firm loses AFSL

MATTHEW WAI  |  TUESDAY, 15 OCT 2024
... Melbourne, including 333 Kent Street, Sydney, which is currently under construction. "Aretean is licensed by the Australian Securities and Investments Commission (ASIC)," its website said at the time of publication. Although it wasn't specific, the reason(s) ...

ASX listings dwindle as companies abandon public markets

ANDREW MCKEAN  |  FRIDAY, 11 OCT 2024
The number of publicly listed companies on the Australian Securities Exchange (ASX) has plummeted over the past year, according to its latest monthly activity report. The ASX saw a decrease of nearly 100 listings over the past year, signalling reduced ...

Industry funds dominate ASX

ANDREW MCKEAN  |  WEDNESDAY, 25 SEP 2024
... largest industry superannuation funds hold a substantial portion of the entire market capitalisation of the Australian Securities Exchange (ASX). The "big eight" industry funds - AustralianSuper, Australian Retirement Trust (ART), Aware Super, UniSuper ...

ASIC updates and reissues RG 121

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
The Australian Securities and Investments Commission (ASIC) has reissued RG 121 to provide updated guidance to individuals and companies from outside Australia that wish to conduct a financial services business in Australia. The newest version replaces ...

ASIC cancels AFSL of foreign exchange contracts issuer

ELIZA BAVIN  |  THURSDAY, 5 SEP 2024
The Australian Securities and Investments Commission (ASIC) has cancelled the Australian financial services licence (AFLS) of contracts for difference (CFDs) and foreign exchange contracts issuer, FXOpen AU. ASIC said the decision to cancel the licence ...