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Showing 71 - 80 of 1905 results for "disclosure"

ASIC sues Fiducian for ESG failures

ELIZA BAVIN  |  FRIDAY, 3 OCT 2025
... entity of the Diversified Social Aspirations Fund in relation to its description of how the fund works in the Product Disclosure Statement (PDS). The fund, which was available between 2015 and 2024, was established to meet client demand for a "socially ...

Super funds must improve reporting, audits: ASIC

JAMIE WILLIAMSON  |  TUESDAY, 30 SEP 2025
... superannuation entities (RSEs) must do more to ensure asset valuations in financial reports are reliable and improve disclosure of sponsorship and advertising expenses. Those are two key outcomes of an ASIC review into the financial reporting and audit ...

Australia, UK regulators exchange insights

MATTHEW WAI  |  FRIDAY, 26 SEP 2025
The UK and Australia have exchanged information on their respective approaches to financial markets, pension structures, and digital asset advancement at the inaugural UK-Australia Joint Financial Regulatory Forum. The virtual forum was chaired by director ...

Draft laws for insurers' ban on use of genetic test results released

JAMIE WILLIAMSON  |  THURSDAY, 25 SEP 2025
... misrepresentation if they were to omit 'protected genetic information' - a concept introduced by the legislation - as the duty of disclosure will not require it to be disclosed. As it stands, some Australians are forgoing potentially life saving genetic ...

La Trobe has two of three stop orders lifted

ELIZA BAVIN  |  THURSDAY, 25 SEP 2025
... are trained specifically on the principles of the DDO regime. We complement this with market-leading transparency and disclosure, ensuring investors are clear on what they're investing into." ASIC said it continues to have concerns around La Trobe's ...

ASIC report a 'solid point of reference' for private credit guardrails

JAMIE WILLIAMSON  |  TUESDAY, 23 SEP 2025
... said it will work with operators within its membership and ASIC to develop such standards "that enhance governance and disclosure practices in private credit and private markets more broadly." "Private capital fills a funding gap for innovative Australian ...

Federal court slams director for 'fanciful' asset valuation

ELIZA BAVIN  |  TUESDAY, 23 SEP 2025
The Federal Court has disqualified Queensland-based director David Hodgson from managing corporations for five years and permanently restrained him from engaging in financial services without an Australian financial services licence (AFSL). This comes ...

Concentration of private credit sector a concern: ASIC

JAMIE WILLIAMSON  |  MONDAY, 22 SEP 2025
... wholesale sophisticated investor exemption, and with less transparency on conflicts of interest, manager remuneration disclosure, and valuations and portfolio reporting." In all, the interim report identifies four key areas of the sector requiring improvement. ...

ASIC issues interim stop orders to RELI Capital

RIDDHIMA TALWANI  |  FRIDAY, 19 SEP 2025
... risks involved. The order is valid for three weeks unless revoked earlier and prevents the fund from giving product disclosure or advice to retail clients. The fund held $50.9 million in net assets under management as of December 2024 and provides investment ...

ASIC issues interim stop orders to La Trobe Financial

JAMIE WILLIAMSON  |  FRIDAY, 19 SEP 2025
... of conflicts of interest and fair treatment of investors. On September 3, La Trobe said it was revising the Product Disclosure Statements for the Australian Credit Fund and US Private Credit Fund to incorporate up to date terms and conditions. It said ...