Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 61 - 70 of 334 results for "Cancelled"

SMSF scammers charged with criminal offences

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
... imposed additional conditions on the SMSF auditor registration of Timothy Davidson and Kylie Wilson. Finally, ASIC has cancelled the SMSF auditor registrations of Vincenzo Dissidomino and Vincent Crowe. ASIC deputy chair Sarah Court said that SMSF auditors ...

ASIC files contempt orders against repeat offender

CHLOE WALKER  |  MONDAY, 29 JAN 2024
... for two and a half years in 2016. Because of the investigation, Financial Circle's AFSL and credit licenses were cancelled in November 2018, and the company was fined $9 million. ASIC called the Financial Circle case a "sequel" to the WRM [injunction] ...

ASIC cracks down on Prospero for reporting failures

CHLOE WALKER  |  WEDNESDAY, 10 JAN 2024
... 2023 during the suspension period, ASIC will consider whether the licence should be suspended for a further period or cancelled," the corporate regulator said. ASIC has been investigating Prospero for suspected breaches of the Corporations Act. Its investigation ...

ASIC permanently bans adviser who stole client funds

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2024
... Pagliacco was also director of Synergy Asia Pacific Partners, known as SKR Private and Synergy Equities Group. ASIC has now cancelled this company's AFSL as well. The ban was effective 5 December 2023. According to ASIC's Financial Adviser Register ...

FSCP serves up registration prohibition order

KARREN VERGARA  |  MONDAY, 11 DEC 2023
... professional judgement and insight in relation to his bankruptcy. As a result, his registration as a financial adviser has been cancelled and is prohibited from being registered with ASIC. He is also banned from giving personal advice to retail clients ...

ASIC loses case against Diversa

JAMIE WILLIAMSON  |  TUESDAY, 24 OCT 2023
... were laid in July 2022, in relation to the unlicensed advice provided. The AFSL of Australian Dealer Group was also cancelled.

AAT overturns ASIC ban on investment guru

CASSANDRA BALDINI  |  FRIDAY, 20 OCT 2023
... credit licences that she did not. The licence for her company Master Wealth Control, which traded as DG Institute, was cancelled in 2021 on the basis that the business had not engaged in credit activity since it was initially granted. Grubisa offered ...

BBY chief charged with aiding and abetting fraud

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... liquidation the year after. ASIC suspended BBY's AFSL in May 2015, which remained in place until its licence was cancelled in June 2021. The court charged Sydney-based Maharaj with two counts contrary to sections 192E(1)(b) and 346 of the Crimes ...

Former adviser lands in jail

KARREN VERGARA  |  TUESDAY, 26 SEP 2023
... between May 2014 and September 2018. Between January 2009 and April 2014, he was at Sentry Financial Planning. ASIC cancelled Platinum Perpetual Global Private Wealth's AFSL in September 2019 after Western Australian police charged him with eight counts ...

Veteran adviser cops permanent ban

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
... to perform any functions in financial services as he is "not a fit and proper person" to do so. ASIC has subsequently cancelled the AFSL of PWMS with a condition that the external dispute resolution and arrangements for compensating clients remain in ...