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Showing 1 - 10 of 131 results for "ASIC Act"

ASIC told to 'end the chaos' of ASX CHESS issues

ELIZA BAVIN  |  FRIDAY, 28 MAR 2025
The House of Representatives Standing Committee on Economics has released its final report on its reviews into ASIC. Committee chair Daniel Mulino MP said the report covered key issues relating to how the regulator deals with complaints and how it executes ...

ACCC urges parliament to pass new merger laws

ELIZA BAVIN  |  MONDAY, 4 NOV 2024
... services. "While the government is yet to consult on the potential for an unfair trading practices prohibition in the ASIC Act to cover financial products and services as well, the ACCC strongly supports a mirror reform being implemented in the ASIC ...

ANZ suspected of more mistakes amid bond saga

MATTHEW WAI  |  MONDAY, 4 NOV 2024
... Longo said: "Our investigation concerns suspected market manipulation and contraventions of a number of provisions of the ASIC Act and the Corporations Act." Longo did however comment on an expanded investigation effort by ASIC in August this year, suspecting ...

ASIC crackdown: Action taken against 13 SMSF auditors

ELIZA BAVIN  |  WEDNESDAY, 2 OCT 2024
During the first half of 2024, ASIC acted against the registration of 13 approved self-managed superannuation fund (SMSF) auditors. ASIC's concerns covered a range of topics, including breaches of auditing and assurance standards, independence requirements ...

ASX lifts revenue amid lower listings, capital raises

KARREN VERGARA  |  FRIDAY, 16 AUG 2024
... proceedings ASIC brought against it on August 13 post-reporting period. ASIC alleged the ASX breached certain sections of the ASIC Act 2001 by making misleading statements about the botched CHESS replacement project on 10 February 2022. ASIC is seeking ...

ASIC issues first stop order for crowd funding

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
The Australian Securities and Investments Commission (ASIC) has issued an interim stop order preventing Hirehood from offering securities under its crowd-sourced funding (CSF) offer document. The CSF was published on the VentureCrowd intermediary platform. ...

ANZ confirms ASIC investigation

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... Treasury Bonds. The bank said it understands ASIC is investigating suspected contraventions of several provisions of the ASIC Act and the Corporations Act but did not elaborate. "ANZ takes compliance with its regulatory obligations seriously and is co-operating ...

Court rejects Provide Capital's 'illogical' application

KARREN VERGARA  |  WEDNESDAY, 3 APR 2024
... state of mind required to conduct an investigation under the Australian Securities and Investments Commission Act 2001 (ASIC Act). Justice Rofe found that the firm's argument was "illogical and therefore that Provide Capital's application had ...

ASIC wins greenwashing case against Vanguard

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
... that were false or misleading." Today, Justice O'Bryan found Vanguard broke the law numerous times, breaching the ASIC Act when it made representations about the screens it was applying to the fund. This was to have occurred between August 2018 and ...

ASIC warns it can't take action on every case of misconduct

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
Australian Securities and Investments Commission (ASIC) commissioner Alan Kirkland has admitted the regulator can't fight every battle of misconduct, but that doesn't mean it's not watching. Speaking at the Blockchain APAC Policy Week event, Kirkland ...
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