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Showing 1 - 10 of 832 results for "Corporations Act"

ASIC consults on market operator financial resources requirements

RIDDHIMA TALWANI  |  MONDAY, 2 NOV 2026
... financial markets in Australia are obligated to have sufficient resources to operate their markets properly under the Corporations Act. This includes sufficient financial resources as well as sufficient technological and human resources. "Clearer guidance ...

FSCP slaps prohibition order on adviser

VINNY VUCAGO  |  MONDAY, 26 OCT 2026
... products. The sitting panel found that Byrnes breached the Code of Ethics requirements under section 921E(3) of the Corporations Act 2001, including obligations relating to trustworthiness, competence, honesty and diligence. Its findings included inadequate ...

Adviser stripped of AFSL he claimed he didn't hold

MATTHEW WAI  |  WEDNESDAY, 21 OCT 2026
... Review Tribunal for a review, ASIC said. ASIC may suspend or cancel an AFS licence under section 915C of the Corporations Act 2001 where a licensee fails to comply with its obligations under the Act or certain statutory grounds are established. Financial ...

Corporate, governance issues fuel whistleblower tipoffs: ASIC

KARREN VERGARA  |  TUESDAY, 20 OCT 2026
... Treasury is currently reviewing corporate whistleblowing laws, seeking to address the issues and gaps under the Corporations Act and the Tax Administration Act. It will also examine whistleblowers' access to justice, the administration and regulation ...

ASIC stalls Sequoia bid to ditch cross guarantee deed

KARREN VERGARA  |  MONDAY, 19 OCT 2026
... documents submitted to it are "under consideration, had not yet been accepted for lodgement under section 1274 of the Corporations Act 2001 (Cth) and that all conditions to the cessation of the deed in respect of InterPrac would not be met unless and ...

ASX to defend legal action brought by shareholder

MATTHEW WAI  |  MONDAY, 12 OCT 2026
... vehicle, is a minority shareholder of the ASX. Rosherville filed an application relief under section 241 of the Corporations Act 2001 (Cth) seeking to file a statement of claim (Interim Application), and a separate application for leave to commence a ...

ASIC appoints receivers to Star Investment Group

VINNY VUCAGO  |  WEDNESDAY, 7 OCT 2026
... Victoria. The regulator previously told the court there were reasonable grounds to suspect contraventions of the Corporations Act and ASIC Act. The September orders restrained Star Investment, Gondal Holdings and Ahmad from dealing with or dissipating ...

Former Big Un chief escapes prison time for insider trading

MATTHEW WAI  |  MONDAY, 28 SEP 2026
... compliance with auditing standards. Communicating inside information is an offence under section 1043A(2) of the Corporations Act 2001 and carries the maximum penalty of 10 years' imprisonment and/or a fine of 4500 penalty units at the time of the offending. ...

Former BW Equities employee charged for misappropriating funds

MATTHEW WAI  |  FRIDAY, 25 SEP 2026
... maximum penalty for each offence of dishonest use of position as a director, officer or employee (s184 of the Corporations Act 2001) is up to 15 years imprisonment and/or a fine of up to $765,000.

Netwealth faces potential class action over First Guardian failure

RIDDHIMA TALWANI  |  MONDAY, 21 SEP 2026
... Federal Court recently confirmed Netwealth Superannuation Services and Netwealth Investments contravened the Corporations Act in relation to the First Guardian Master Fund. APRA has been working to uplift platform trustees' investment governance ...
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