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Showing 61 - 70 of 3785 results for "Order"

ASIC bans former NextGen Financial Group directors

KARREN VERGARA  |  FRIDAY, 24 JUL 2026
ASIC banned two former NextGen Financial Group directors from working in financial services for three years for failing to comply with Australian Financial Complaints Authority (AFCA) determinations. Nicholas Duncan Jeremy Brookes and Vittorio Vincenzo ...

Macquarie chair provides 'cautious' outlook at AGM

ELIZA BAVIN  |  THURSDAY, 23 JUL 2026
Macquarie Group provided an update on the first quarter of its 2027 financial year, with outgoing chief executive Shemara Wikramanayake saying trading conditions were "satisfactory" for the three months to 30 June 2026. Macquarie Asset Management (MAM) ...

HUB24 FUA soars over $164bn

MATTHEW WAI  |  TUESDAY, 21 JUL 2026
HUB24 performed soundly in the quarter ending 30 June 2026, with total funds under administration (FUA) increasing 20% from the previous corresponding period to $164.3 billion. The total FUA comprised platform FUA of $139.5 billion (up 24%) and portfolio ...

ASIC boasts $830m record civil penalties

KARREN VERGARA  |  MONDAY, 20 JUL 2026
ASIC has scored a whopping $830 million in civil penalty orders in the last financial year alone, a Freedom of Information (FOI) request revealed. The FOI obtained by Lambros Photios, the founder of technology services and artificial intelligence (AI) ...

New 'high-risk' derivatives on the rise

MATTHEW WAI  |  MONDAY, 20 JUL 2026
... with providers to ensure they are fully licensed, in line with INFO Sheet 225. ASIC has also imposed a product intervention order (PIO) with several contracts for difference (CFD) issuers and since commencement more than $40 million have been refunded ...

FSCP bans adviser over client advice failures

VINNY VUCAGO  |  MONDAY, 20 JUL 2026
... clients until at least September 2027 after finding multiple breaches of his legal and ethical obligations. The panel's order took effect on 10 July 2026 and prohibits Morrison-Dowd from being registered as a relevant provider until after 13 September ...

ASIC cancels AFSL of Australian Fiduciaries

RIDDHIMA TALWANI  |  FRIDAY, 17 JUL 2026
... Compensation Scheme of Last Resort (CSLR) then made a payment of $150,000 for the AFCA determination. "In making the cancellation order, ASIC has specified that Australian Fiduciaries is to maintain its membership with AFCA for a further 12 months, to ...

Another MWL adviser banned over Shield collapse

RIDDHIMA TALWANI  |  THURSDAY, 16 JUL 2026
... come into existence in May 2021. ASIC also found Niu is likely to contravene a financial services law. While the banning order took effect from January 22, Niu lodged an application with the Administrative Review Tribunal (ART) seeking a review of ASIC's ...

First Mutual unregistered MIS wound up

KARREN VERGARA  |  WEDNESDAY, 15 JUL 2026
First Mutual Private Equity's (FMPE) unregistered managed investment scheme (MIS), which allegedly gambled $80 million of investor money, has been wound up by the Federal Court. Justice Button approved ASIC's application to facilitate the orderly ...

NAB-owned WealthHub cops $1m ASIC fine

VINNY VUCAGO  |  WEDNESDAY, 15 JUL 2026
NAB-owned online broker WealthHub Securities has been hit with a $1.055 million penalty after ASIC found it failed to accurately report regulatory data more than 9.5 million times over a decade. ASIC said he reporting failures undermined the corporate ...