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Showing 1 - 10 of 1387 results for "Licence"

Treasury looks to reform regulation on consulting firms

RIDDHIMA TALWANI  |  WEDNESDAY, 1 JUL 2026
... consulting paper considers multiple options to improve accountability from firms, including requiring them to receive a licence from ASIC and operational separation to reduce conflicts of interest. "We've seen a pattern of opportunistic and unethical ...

Future Group to internalise super trustee structure

MATTHEW WAI  |  MONDAY, 29 JUN 2026
... capabilities in house. The transaction is subject to APRA's approval. Stewarda holds an APRA extended public offer RSE licence allowing it to act as trustee for multiple super funds, including Future Super, Verve Super, GuildSuper (and Child Care ...

ASIC calls out platform trustees: 'Clear breach of trust'

RIDDHIMA TALWANI  |  MONDAY, 29 JUN 2026
... the need to strengthen their investment governance processes. Since then, APRA has imposed five trustees with additional licence conditions for weak, ill-defined and inconsistent investment option selection criteria. The most recent action was taken ...

Corruption, governance risks: The cost of doing business in emerging markets?

KARREN VERGARA  |  FRIDAY, 26 JUN 2026
... over licensing and permits, what that means is you get someone who's very corrupt coming along and paying for that licence," Mackinnon said. "You're not getting ethical operators - you're getting exploitation." Out of the 182 countries in ...

APRA investigating Diversa's executive compensation

RIDDHIMA TALWANI  |  THURSDAY, 25 JUN 2026
... defending" ASIC's allegations, arguing the managed investment scheme was "fraudulent." APRA had also imposed additional licence conditions on Diversa in late 2025. The prudential regulator said it has concerns relating to Diversa's investment ...

Diversa drags Praemium into First Guardian lawsuit

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
... Praemium said it will "will review the claim and take advice and update the market in due course." APRA imposed additional licence conditions on Diversa in late 2025. APRA said it has concerns relating to Diversa's investment governance frameworks ...

ASIC slaps adviser with 10-year ban, strips AFSL

MATTHEW WAI  |  FRIDAY, 19 JUN 2026
... adviser and the sole director of Freedom Wealth Services, which has subsequently lost its Australian financial services licence (AFSL). According to ASIC, Newbound was found to have forged client signatures on service agreements and provided inaccurate ...

Block Earner found to have offered an unlicensed financial product

MATTHEW WAI  |  THURSDAY, 18 JUN 2026
... that Earner was, in fact, a financial product, and Block Earner consequently required an Australian financial services licence (AFSL), overturning the Full Federal Court's previous decision in 2025. The product was available between March and November ...

ASIC expands list of super lead generation entities

VINNY VUCAGO  |  THURSDAY, 18 JUN 2026
... warned lead generators which mislead consumers, employ high pressure sales tactics or provide financial services without a licence risk breaching the law. Licensed financial advisers and businesses that engage such operators may also face regulatory ...

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

MATTHEW WAI  |  WEDNESDAY, 17 JUN 2026
... requires digital asset platforms (DAPs) and tokenised custody platforms (TCPs) to acquire an Australian financial services licence (AFSL) and oblige with consumer protection requirements. Bollen said 23 firms that contain crypto-related activities have ...
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