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Showing 71 - 80 of 381 results for "Australian Financial Services Licence"

Licensee compliance head banned over fees for no service

MATTHEW WAI  |  WEDNESDAY, 9 JUL 2025
... was a corporate authorised representative of Crown Wealth Group until last year when its Australian financial services licence (AFSL) was cancelled after the group was placed into voluntary administration. The reportable situations regime requires licensees ...

Brite Advisors auditor admits failures, surrenders registration

ANDREW MCKEAN  |  FRIDAY, 27 JUN 2025
... investigate where we identify potential misconduct or non-compliance." ASIC cancelled the Australian financial services licence of Brite Advisors after it failed to pay a compensation order upheld by the Australian Financial Complaints Authority in May. ...

ASIC accuses Kalkine of providing unlicensed advice

ELIZA BAVIN  |  FRIDAY, 23 MAY 2025
... in Australia, Canada, the UK and US. ASIC has imposed new licence conditions on Kalkine's Australian financial services licence (AFSL) to ensure compliance with its obligations as an AFS licensee. "These conditions require Kalkine to engage a consultant ...

Macquarie raked over the coals again by ASIC

ANDREW MCKEAN  |  WEDNESDAY, 14 MAY 2025
... long-standing issues, which led us to impose additional conditions on Macquarie Bank's Australian Financial Services licence only last week," Longo said.

ASIC cancels licence of Brite Advisors

ANDREW MCKEAN  |  MONDAY, 5 MAY 2025
ASIC has cancelled the Australian financial services licence of Brite Advisors after the now-defunct investment and pension firm failed to compensate a client, triggering a payout under the Compensation Scheme of Last Resort (CSLR). The regulator cancelled ...

ASIC streamlines AFSL applications

JAMIE WILLIAMSON  |  MONDAY, 5 MAY 2025
The regulator launched a new digital portal for Australian financial services licence (AFSL) applications. From today, those wishing to gain an AFSL can use ASIC's new portal, integrated with the ASIC Regulatory Portal. It has a new interface and method ...

ASIC bans unlicensed WA adviser

ELIZA BAVIN  |  FRIDAY, 2 MAY 2025
... determined Kendrick had not been licensed or authorised to provide financial services under an Australian financial services licence (AFSL) since 30 September 2022 but had been active in the industry since 2004. Kendrick was an authorised representative ...

Federal Court hammers defunct advice firm with $11m penalty

ANDREW MCKEAN  |  MONDAY, 28 APR 2025
... demonstrates the seriousness of this misconduct." ASIC cancelled Equiti Financial Service's Australian financial services licence in November last year.

Civitas appoints new business partner

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
... Australia, a financial services provider that helps individuals and firms obtain and manage their Australian Financial Services Licence (AFSL), has appointed a new business partner. The new hire, James McCowan, who's based in Brisbane but will service ...

Court finds CFD issuers engaged in 'unconscionable conduct'

ELIZA BAVIN  |  MONDAY, 23 DEC 2024
... found that USG breached its obligation to ensure that the financial services covered by its Australian financial services licence (AFSL) were provided "efficiently, honestly and fairly", where it offered those services to customers in China. The court ...