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Showing 1 - 10 of 695 results for "Financial products"

Chiodo in ASIC's crosshairs again

KARREN VERGARA  |  TUESDAY, 4 AUG 2026
... would also restrain Royce Capital, RARE, Kortesis and Chiodo from advertising, promoting or accepting money for financial products generally in Australia. ASIC alleges that in August 2025, Royce Capital raised $1.54 million from SMSF investors, purportedly ...

Advice complaints see biggest increase in FY26: AFCA

MATTHEW WAI  |  TUESDAY, 4 AUG 2026
... why broader scam prevention efforts are so important," Jenkins said. Overall, the three most complained about financial products in 2025-26 were personal transaction accounts, motor vehicle insurance and credit cards. Banking and finance remained AFCA's ...

Block Earner launches crypto-backed loan platform

MATTHEW WAI  |  TUESDAY, 28 JUL 2026
... fintechs and digital asset businesses for secured infrastructure that enables further development of regulated financial products while reducing operational complexity. Fireblocks head of Asia Pacific Amy Zhang said more businesses are seeking institutional-grade ...

ASIC seeks to wind up Capital Guard AU

KARREN VERGARA  |  WEDNESDAY, 15 JUL 2026
... Tasiyan and headquartered at Level 36, 1 Macquarie Place, Sydney. It touted itself as a "leading provider of financial products designed to promote wealth growth and safeguard investments" with "expertise in Australian fixed-income instruments such as ...

ASIC cancels Trive Financial's AFSL as review into CFDs continues

VINNY VUCAGO  |  FRIDAY, 10 JUL 2026
... new retail clients in April 2025. The regulator said improving outcomes for consumers investing in high-risk financial products remains a supervisory priority. "Driving better outcomes for consumers of financial products and services, including high-risk ...

Treasury publishes final report into the ERS

ELIZA BAVIN  |  THURSDAY, 2 JUL 2026
... provide a response later this year. "The Enhanced Regulatory Sandbox lets eligible businesses test certain financial products and services without first obtaining a full ASIC licence," Mulino said. "The review looked at the role of regulatory sandboxes ...

Block Earner found to have offered an unlicensed financial product

MATTHEW WAI  |  THURSDAY, 18 JUN 2026
... return to consumers or involve the conversion of assets must carefully consider whether their offerings are financial products, and if so, ensure they are appropriately licensed or authorised before distributing them." ASIC commenced civil penalty proceedings ...

Perfect regulatory certainty in digital economy not 'realistic': ASIC

MATTHEW WAI  |  WEDNESDAY, 17 JUN 2026
... the industry to participate the Enhanced Regulatory Sandbox program, which allows fintechs to test innovative financial products and services like AI-driven advice and payment tools. ASIC is already working with eight firms on pilot programs, but Bollen ...

ASIC to take 'balanced' stance on super advertising ban rules

KARREN VERGARA  |  WEDNESDAY, 10 JUN 2026
... including detail on disclosure and process requirements. Separately, ASIC updated Regulatory Guide 234 Advertising financial products and services (including credit) following a consultation held from 27 November 2025 through to 22 January 2026. The ...

CALI seeks life insurers exemption from lead generation ban

RIDDHIMA TALWANI  |  TUESDAY, 9 JUN 2026
... activities as a type of financial service, where those activities influence consumer decision making in relation to financial products or services. Treasury said it would also target specific actions of lead generators that are problematic, being the ...
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