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Showing 1 - 10 of 5712 results for "ASIC"

ASIC raises red flags on prediction markets

KARREN VERGARA  |  MONDAY, 2 NOV 2026
ASIC chair Sarah Court has warned retail investors to be wary of "highly speculative" prediction markets, likening them to betting. Court said prediction market contracts "have all the features of a bet" and that the regulator believes they are not ...

ASIC consults on market operator financial resources requirements

RIDDHIMA TALWANI  |  MONDAY, 2 NOV 2026
ASIC is consulting on proposals for clearer guidance on financial resources requirements for licensed market operators in Australia. The draft updated guidance aims to support market resilience by providing greater clarity on the amount and types of ...

ASIC issues 'wake-up call' to trustees on member complaints

RIDDHIMA TALWANI  |  MONDAY, 2 NOV 2026
... signs of broader issues. In its Report 844 Lessons to be learned: How trustees use insights from superannuation complaints, ASIC conducted an in-depth review of 10 super trustees. Additionally, it conducted a targeted whole-of-industry assessment of ...

ASIC reviews adviser register again

MATTHEW WAI  |  MONDAY, 2 NOV 2026
... applicable deadline cannot be authorised to provide advice in this regard. The move follows an earlier review in February when ASIC found that 132 individuals from 82 licensees did not have any qualifications or training courses marked on the FAR. Of ...

ASIC takes action on Falcon Capital directors

KARREN VERGARA  |  MONDAY, 2 NOV 2026
ASIC is suing the directors of Falcon Capital, the responsible entity for the failed First Guardian Master Fund, alleging "serious and widespread failures" in their oversight. ASIC commenced civil penalty proceedings in the Federal Court against Falcon ...

Australia, UK partner to procure well-regulated financial markets

MATTHEW WAI  |  FRIDAY, 30 OCT 2026
... of financial services Gwyneth Nurse and Australian Treasury deputy secretary James Kelly, as well as representatives from ASIC, APRA and the Reserve Bank of Australia (RBA). The conversation revolved around the structure of private markets, and the "growing ...

Betashares launches ETF amid smart beta surge

MATTHEW WAI  |  FRIDAY, 30 OCT 2026
... preparing to launch a new artificial intelligence (AI) ETF, dubbed the Betashares Artificial Intelligence ETF, according to ASIC's register. The ETF was registered in May. Currently, Global X offers a similar product with its Global X Artificial Intelligence ...

Audit quality continues to fall short: ASIC

RIDDHIMA TALWANI  |  FRIDAY, 30 OCT 2026
... latest surveillance found companies, including superannuation funds, are still not getting the fundamentals right. Report 842 ASIC's oversight of financial reporting and audit 2025-26 noted the current focus on the conduct of auditors and concerns about ...

ASIC proposes extending tax advice exemption for licensees

RIDDHIMA TALWANI  |  THURSDAY, 29 OCT 2026
ASIC is proposing to keep a tax advice carve-out for licensees for another five years, allowing advisers and accountants to comment on the tax implications of financial products that fall outside their AFSL, provided they give clients a written warning. ...

Super funds lend voice to tokenisation

VINNY VUCAGO  |  THURSDAY, 29 OCT 2026
... AustralianSuper, Aware Super, Australian Retirement Trust and ASX. Senior representatives from the RBA, Treasury, APRA and ASIC will also attend the meetings. The group follows Project Acacia, a joint RBA and DFCRC initiative exploring how tokenised ...
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