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Showing 71 - 80 of 5582 results for "ASIC"

AFCA to update rules on new genetic testing laws

KARREN VERGARA  |  TUESDAY, 2 JUN 2026
... insurance cover. This includes considering the terms and conditions, pricing and exclusions on which the cover is offered. ASIC will enforce the new legislation as insurers that ignore the ban can face a civil penalty. Insurers, however, will still be ...

Big Un finance chief's insider trading charges dropped

KARREN VERGARA  |  TUESDAY, 2 JUN 2026
... Corner's five-week trial, which culminated on March 30, resulted in the jury being unable to reach a unanimous verdict. ASIC took action on Corner in 2023, alleging he possessed inside information in late 2017 when he procured two private companies ...

ASIC cannot afford to stand still: Longo

VINNY VUCAGO  |  MONDAY, 1 JUN 2026
Outgoing ASIC chair Joe Longo has used his final appearance before the Parliamentary Joint Committee on Corporations and Financial Services to defend the regulator's enforcement record while warning that funding constraints and rapid technological change ...

Marex Group expands structured products to HNWIs

MATTHEW WAI  |  FRIDAY, 29 MAY 2026
Marex Group received approval by ASIC to distribute structured investment solutions to wholesale clients under its existing foreign AFSL earlier this month, in a move to fill the structured product adoption gap in Australia. While the group is not new ...

APRA slaps additional licence conditions on HTFS Nominees

KARREN VERGARA  |  FRIDAY, 29 MAY 2026
... trustee entities. The other is Equity Trustees Superannuation Limited (ETSL), which is currently facing legal action from ASIC, accused of not doing enough to prevent superannuation members losing millions of dollars from the Shield Master Fund's ...

Sequoia Financial chair resigns

ELIZA BAVIN  |  THURSDAY, 28 MAY 2026
... disputed the termination of the agreement. "On 7 May 2026 the Federal Court adjourned the case management hearing regarding the ASIC proceedings to allow the parties an opportunity to confer regarding the status of the Agreement, due to the purchaser ...

'No basis' to ban independent trustee model: Equity Trustees

ELIZA BAVIN  |  THURSDAY, 28 MAY 2026
... Equity Trustees said. "We welcome the reform of MISs and their REs that was the subject of Treasury's first consultation and ASIC's consultation in respect of the net tangible asset capital requirements for REs." Equity Trustees added that the platform ...

ASIC flags stronger fintech collaboration

VINNY VUCAGO  |  THURSDAY, 28 MAY 2026
ASIC chair Joe Longo has signalled a more collaborative and innovation focused regulatory approach as artificial intelligence (AI), tokenisation and digital assets rapidly transform Australia's financial service sector. Speaking at the Tech Council ...

Old settings for TPD 'no longer fit': APRA

RIDDHIMA TALWANI  |  THURSDAY, 28 MAY 2026
... to facilitate engagement between insurers and trustees to address sustainability, she added. At a recent roundtable with ASIC, Magill said several themes were consistently raised on the case for earlier intervention in a person's disability journey ...

ASIC moves to extend managed investment scheme relief measures

VINNY VUCAGO  |  THURSDAY, 28 MAY 2026
The Australian Securities and Investments Commission (ASIC) has moved to extend relief measures applying to a range of managed investment schemes, proposing to remake six legislative instruments due to expire later this year. Under the proposal, the ...