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Showing 1 - 10 of 131 results for "Australian Securities and Investment Commission"

ASIC flags disclosure flaws in first wave of mandatory climate reports

VINNY VUCAGO  |  MONDAY, 18 MAY 2026
The Australian Securities and Investment Commission (ASIC) has raised concerns over the use of misleading disclaimers, inconsistent climate risk disclosures and unclear reporting assumptions in the first round of mandatory sustainability reports lodged ...

ASX admits CHESS tech staff 'stretched'

ELIZA BAVIN  |  THURSDAY, 1 MAY 2025
... review, which has been submitted to the Reserve Bank of Australia (RBA) and the Australian Securities and Investment Commission (ASIC). The review found that while there are sufficient resources to support the ongoing maintenance and day-to-day operation ...

ASIC launches new AFSL portal

ELIZA BAVIN  |  THURSDAY, 29 AUG 2024
The Australian Securities and Investment Commission (ASIC) is 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 ...

AFCA secures $40m in refunds

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
... statements in line with the terms. A whopping 93 reports were passed on to the Australian Securities and Investment Commission, 47 were referred to the Australian Prudential Regulation Authority and eight were referred to other agencies such as the Australian ...

Treasury releases climate disclosure draft legislation

RACHEL ALEMBAKIS  |  TUESDAY, 16 JAN 2024
... Climate-related Financial Information accounting standard. The legislation would amend the Australian Securities and Investment Commission Act and the Corporations Act. Under the proposed legislation, entities who meet two of the three criteria - revenue ...

Financial watchdog warns on crypto

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
In a public statement this week, the Australian Securities and Investment Commission ( ASIC) has issued a warning urging self-managed super funds (SMSFs) to consider the risks of cryptocurrency investments. The corporate regulator said that it had noticed ...

Vanguard targeted in bond fund scam

KANIKA SOOD  |  WEDNESDAY, 31 MAR 2021
... IFM Investors had fake prospectuses of bond funds circulated in their names. The Australian Securities and Investment Commission had to issue a warning to investors. "In this low-rate environment, these scammers are taking advantage of investors seeking ...

ASIC warns funds to clean up adverts

KANIKA SOOD  |  TUESDAY, 16 JUN 2020
The Australian Securities and Investment Commissions has asked 13 managed funds to fix their advertising, and is threatening the wider sector with enforcement action for misleading claims. ASIC says it forced seven responsible entities and 13 funds ...

QSuper not to appeal AFCA win

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
... obligations on superannuation trustees already compliant with laws regulated by the Australian Securities and Investment Commission (ASIC) and the Australian Prudential Regulatory Authority (APRA)," the fund said. "With this issue now resolved, QSuper ...

ASIC increases levy costs

ELIZA BAVIN  |  THURSDAY, 16 JAN 2020
The Australian Securities and Investment Commission has hiked the levies owed by superannuation trustees, up over 22% from what the regulator estimated in March 2019. ASIC had published the indicative levies for superannuation trustees as a minimum ...
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