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Showing 1 - 10 of 2036 results for "Application"

ASIC cancels AFSL of Australian Fiduciaries

RIDDHIMA TALWANI  |  FRIDAY, 17 JUL 2026
... for its registered managed investment schemes for the 2024 financial year and for the first half of FY25. ASIC in an application to the Federal Court was seeking to preserve the assets of the scheme and obtain a clearer picture of the financial position ...

Another MWL adviser banned over Shield collapse

RIDDHIMA TALWANI  |  THURSDAY, 16 JUL 2026
... likely to contravene a financial services law. While the banning order took effect from January 22, Niu lodged an application with the Administrative Review Tribunal (ART) seeking a review of ASIC's decision on the same day. She also lodged applications ...

First Mutual unregistered MIS wound up

KARREN VERGARA  |  WEDNESDAY, 15 JUL 2026
... gambled $80 million of investor money, has been wound up by the Federal Court. Justice Button approved ASIC's application to facilitate the orderly administration of any remaining assets and to have any available funds be identified and, where possible ...

Federal Court lifts Merhi's travel ban

KARREN VERGARA  |  MONDAY, 13 JUL 2026
... 19, Merhi applied to the Federal Court to vacate travel restraint orders against him. ASIC said it opposed Merhi's application. The court slapped the travel ban order on Merhi in July 2025 amid ASIC expanding its investigation into the former financial ...

ASIC levy estimates jump 19% as regulator ramps up funding

VINNY VUCAGO  |  MONDAY, 13 JUL 2026
ASIC has lifted its estimated industry funding levy by almost 20% for 2025-26, with regulated entities expected to shoulder $400.5 million in regulatory costs as the corporate watchdog expands its supervision and enforcement activities. The regulator's ...

FAAA urges insolvency crackdown to curb soaring CSLR costs

VINNY VUCAGO  |  THURSDAY, 9 JUL 2026
The Financial Advice Association Australia (FAAA) has called for tougher insolvency rules to prevent "phoenixing" activity. The FAAA said loopholes which shift costs of failed financial advice businesses onto the broader profession through the Compensation ...

SS&C to accept digital cash for tokenised investments

MATTHEW WAI  |  THURSDAY, 9 JUL 2026
... tokenised fund issuance and distribution capabilities, the enhancements create a pathway to further extend the practical application of tokenised investment products. Further details regarding product availability and implementation timelines will be ...

TCorp chief investment officer retires

KARREN VERGARA  |  WEDNESDAY, 8 JUL 2026
... development and implementation of the organisation's total portfolio approach investment model and its successful application to client portfolios. "Together with the investment leadership team, he has helped deliver strong investment outcomes that ...

ASIC calls out platform trustees: 'Clear breach of trust'

RIDDHIMA TALWANI  |  MONDAY, 29 JUN 2026
ASIC has called out superannuation trustees for not doing enough to protect retirement savings of Australians on platforms even after repeated warnings from regulators about the dangers of poor oversight. ASIC's report Safeguarding super: How well are ...

Equity Trustees opts out of super trustee business

RIDDHIMA TALWANI  |  MONDAY, 22 JUN 2026
... Corporate Trustee Services and Trustee and Wealth Services businesses, driven by favourable industry dynamics and the application of technology to enhance our service offering," he said. Equity Trustees said the decision follows a strategic review of ...
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