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Showing 1 - 10 of 634 results for "Financial products"

Unlawful hawking practices re-emerge in SMSFs

MATTHEW WAI  |  TUESDAY, 11 MAR 2025
... trust in the financial system." Subsequently, the corporate watchdog also introduced similar legislation to financial products in October 2021, opting to provide consumers greater control in making decisions and prevent them being approached by unwanted ...

Government to scrap advisers' approved qualifications list

KARREN VERGARA  |  MONDAY, 10 FEB 2025
... required all relevant providers to be registered before providing personal advice to retail clients about relevant financial products by 16 February 2024. Financial Advice Association Australia's Phil Anderson told Financial Standard last year that ...

Super failures, greenwashing: ASIC's key issues in 2025

ELIZA BAVIN  |  TUESDAY, 28 JAN 2025
... through guidance." The regulator added that it will continue to scrutinise disclosures where entities mispresent financial products or investment strategies as environmentally friendly, sustainable or ethical when they are not.

Sanlam Private Wealth breaches licensee obligations, hit with enforceable undertaking

MATTHEW WAI  |  MONDAY, 6 JAN 2025
... ensure its authorised entities complied with the law and to oversee those who used its licence to offer risky financial products to retail clients, Court said. "Licensees like Sanlam must have robust compliance processes that are fit-for-purpose to ensure ...

Court finds CFD issuers engaged in 'unconscionable conduct'

ELIZA BAVIN  |  MONDAY, 23 DEC 2024
... Many of these customers were "flying blind'" and did not understand the risks involved in these highly complex financial products, ASIC said. In an Australian first, the court also found that USG breached its obligation to ensure that the financial services ...

ASIC sues Binance over customer protection failures

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
... wholesale clients, representing 83% of its Australian client base. The regulator said retail clients trading financial products - in this case, crypto derivative products - have important rights and consumer protections under Australian financial services ...

Treasury reappoints 24 members to FSCP

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
... of knowledge and experience across the fields of business, administration of companies, financial markets, financial products and financial services, law, economics, accounting, taxation and credit activities and credit services. The reappointed members ...

ASIC flags regulatory guide updates for 2025

ELIZA BAVIN  |  TUESDAY, 26 NOV 2024
... Regulatory Guide 183 Approval of financial services codes of conduct, and Regulatory Guide 234 Advertising financial products and services (including credit): Good practice guidance. "We welcome the feedback provided by stakeholders to assist in the ...

Treasury consults on new crypto tax laws

ELIZA BAVIN  |  FRIDAY, 22 NOV 2024
... assets, products, and intermediaries within its scope, because they are potential alternatives to traditional financial products, while avoiding duplicative reporting with that foreseen in the CARF," the OECD said. "Additional amendments have also been ...

Small caps boutique merges with Conduit Group

JAMIE WILLIAMSON  |  MONDAY, 11 NOV 2024
... are excited to be merging with Conduit Group. "Our shared commitment to innovation and delivering superior financial products will help us better serve our clients in Australia, offering them unique international investment opportunities in an increasingly ...
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