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| | | ASIC has extended its cooperation with the Financial Markets Standards Board (FMSB) for another three years, continuing a partnership focused on the development of global standards for fair and effective wholesale financing markets. The extension will ... |
| | | | ... CSLR, as well as other announcements from assistant treasurer Daniel Mulino last month, in a discussion between himself, ASIC senior executive leader Leah Sciacca, and FAAA policy and advocacy consultant Andrea Forbes. "We certainly expect to see an ... |
| | | | ... has called on Treasury to assess the Financial Services Council's (FSC) latest proposal to lift levies paid by licensees to ASIC, which it describes as an "attack" on small licensees. MDS has written to the Treasury to intervene, noting that rather than ... |
| | | | ... three schemes included the Global Diversified Alpha Fund, Global All Seasons Fund and Global Multi-Strategy Fund. Last year, ASIC started an investigation into Australian Fiduciaries on concerns of inadequate management of conflicts of interest, the ... |
| | | | ... reduces the disallowance period of the CSLR special levy instruments while retaining parliamentary oversight. Currently, ASIC does not collect special levies until the 15 sitting day disallowance period has expired, due to the risks of invoicing entities ... |
| | | | ... are probably going to be more linked directly to some of the issues that have been reported in relation to those funds." ASIC has been scrutinising Australia's private credit sector, calling on funds to ensure their asset valuations are current ... |
| | | | ... Professional Wealth Management Services (PWMS) and Professional Wealth Investments. PWMS held an AFSL until it was cancelled by ASIC in 2023, along with banning Cuthbertson from providing any financial services. PWM was involved in developing technology ... |
| | | | ... practice profile," Baldwin continues. "One of the first iterations of digital advice that came out - the robo-advice provider - ASIC took a look at them and gave them the 'ban hammer', and the whole thing got shut down." Baldwin also says advice ... |
| | | | ... He generally had only minutes to review the advice and assess its adequacy before joining calls to present it to clients," ASIC said. Separately, Monte Silva was an authorised representative of FSGA from 24 May 2023 to 10 March 2025. He was found to ... |
| | | | ... overhaul the sandbox framework for financial innovation and the passage of the Digital Asset Framework Bill earlier this year, ASIC reiterated perfect regulatory certainty is not possible for digital finance, stating that it's not a "realistic state ... |
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