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Showing 81 - 90 of 880 results for "Australian Financial Services"

ASIC cancels AFSL of foreign exchange contracts issuer

ELIZA BAVIN  |  THURSDAY, 5 SEP 2024
The Australian Securities and Investments Commission (ASIC) has cancelled the Australian financial services licence (AFLS) of contracts for difference (CFDs) and foreign exchange contracts issuer, FXOpen AU. ASIC said the decision to cancel the licence ...

Count reports strong results on back of Diverger acquisition

ELIZA BAVIN  |  FRIDAY, 30 AUG 2024
... disciplined execution against clear strategic priorities has positioned the company as a leader in the Australian financial services landscape," Humphrey said. "As we approach out 45 th year of serving our clients, we're excited to have such a strong ...

ASIC launches new AFSL portal

ELIZA BAVIN  |  THURSDAY, 29 AUG 2024
... piloting a new digital portal for licensing which includes the ability to apply for, maintain and vary Australian financial services licences (AFSL). The new AFSL portal was launched on August 12 for a limited, invitation-only group. All AFS licensees ...

ASIC scraps Libertas' AFSL for unpaid compensation

KARREN VERGARA  |  TUESDAY, 20 AUG 2024
... notifies ASIC of the details of the firm that failed to pay the compensation, ASIC must cancel the Australian financial services licence of the firm," ASIC said.

ASIC intends to extend legislative instruments

MATTHEW WAI  |  FRIDAY, 9 AUG 2024
... financial advisers. The instruments are: Class Order [CO 14/923] Record-keeping obligations for Australian financial services licensees when giving personal advice ; ASIC Corporations and Credit (Breach Reporting-Reportable Situations) Instrument 2021/716 ...

ASIC hits Melbourne adviser with travel ban

ELIZA BAVIN  |  TUESDAY, 23 JUL 2024
... (VIC), King Financial Group (NSW), and King Financial Group (QLD). Wealth Effect Advisory is an Australian financial services licensee of which King is a director. King has held an AFSL since 2007 and was previously licensed under Principal Financial ...

Industry funds defend CFMEU board ties

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
... that all its board directors are appointed under the requirements of the SIS Act, Corporations Act, Australian Financial Services Licence obligations, and Superannuation Prudential Standard 520 Fit and Proper (CPS250). "We have robust procedures for ...

ASIC permanently bans Queensland adviser

ELIZA BAVIN  |  THURSDAY, 18 JUL 2024
... provide financial services, or manage or control those who do," ASIC said. Abdalla first gained his Australian Financial Services Licence (AFSL) in 2016 but has not held an AFSL since August 2019. According to the ASIC Financial Adviser Register, Abdalla ...

Stake to operate under its own AFSL

ANDREW MCKEAN  |  MONDAY, 8 JUL 2024
... to engage more directly with ASIC. "It's a logical step for Stake as we continue to mature as an Australian financial services provider," Gentle said. A spokesperson from Airwallex said it's pleasing to see more Australian companies becoming independently ...

ASIC freezes assets of Melbourne based licensee

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... with some of the disclosure orders that had been made and adjourned the matter. United Global is an Australian financial services business based in Melbourne which has held and Australian financial services license since 18 August 2017. The company described ...