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Showing 1 - 10 of 1368 results for "Australian Securities and Investments Commission"

ASIC sues CBA over alleged $8.5m in undisclosed fees

VINNY VUCAGO  |  THURSDAY, 12 NOV 2026
The Australian Securities and Investments Commission (ASIC) has launched civil penalty proceedings against Commonwealth Bank of Australia (CBA), alleging around 42,000 CommBiz business customers were charged approximately $8.5 million in undisclosed ...

Sequoia profits tank as advisers flee

ELIZA BAVIN  |  WEDNESDAY, 4 NOV 2026
... announced the sale of InterPrac on October 13 and said it is working with the Australian Securities and Investments Commission (ASIC) to resolve its questions about the deed of cross guarantee. Looking ahead, Sequoia said it is prioritising completing ...

Treasury expects regulators to do the heavy lifting

MATTHEW WAI  |  FRIDAY, 17 JUL 2026
... Expectations (SoE) for the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC), with an emphasis on how the regulators should promote a more sustainable and secured financial ecosystem. The ...

ASX to pay $23m, admits misrepresentation over CHESS replacement

MATTHEW WAI  |  MONDAY, 15 JUN 2026
... admission, ASX acknowledged it contravened sections 12DA and 12DB(1)(a) and (e) of the Australian Securities and Investments Commission Act 2001 (Cth). As a result, both parties will ask the court to impose a penalty of $20.5 million, and order ASX to ...

Former Brite Advisors responsible manager banned

VINNY VUCAGO  |  WEDNESDAY, 10 JUN 2026
The Australian Securities and Investments Commission (ASIC) has permanently banned former Brite Advisors responsible manager Gerard Duffy from providing financial services after determining it had reason to believe he was not a fit and proper person. ...

ASIC moves to extend managed investment scheme relief measures

VINNY VUCAGO  |  THURSDAY, 28 MAY 2026
The Australian Securities and Investments Commission (ASIC) has moved to extend relief measures applying to a range of managed investment schemes, proposing to remake six legislative instruments due to expire later this year. Under the proposal, the ...

ASIC backs Australia's fintech edge as AI reshapes financial services

VINNY VUCAGO  |  FRIDAY, 22 MAY 2026
The Australian Securities and Investments Commission (ASIC) believes Australia is well placed to capitalise on accelerating financial innovation, as artificial intelligence (AI), digital finance and regulatory technology become increasingly embed across ...

Digital assets framework bill passes, paves the way for consumer confidence

MATTHEW WAI  |  THURSDAY, 2 APR 2026
... (Digital Assets Framework) Bill 2025, which amends the Corporations Act 2001 and the Australian Securities and Investments Commission Act 2001, passed the Senate on Wednesday. It requires digital asset platforms (DAPs) and tokenised custody platforms ...

Genetic testing laws pass parliament

ELIZA BAVIN  |  THURSDAY, 2 APR 2026
... penalties and criminal offences for non-compliance which will be regulated by the Australian Securities and Investments Commission. This legislation will make a meaningful difference to people's lives." Australian life insurers welcomed the passage ...

FEATURE: Private credit | At the precipice

GLENDA KORPORAAL  |  FRIDAY, 12 DEC 2025
... necessarily see the same risk happening in Australia," she says. Coincidentally the Australian Securities and Investments Commission (ASIC) has turned a spotlight on the growth of the $200 billion industry in Australia, signalling that it may need tighter ...
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