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Showing 1 - 10 of 1415 results for "Licence"

Equity Trustees super exit sparks Hejaz Islamic Super and Pension closure

KARREN VERGARA  |  MONDAY, 31 AUG 2026
... property, auto, commercial and development loans. "Through Hejaz B.S.C., we have been granted a Category 1 Investment Business Licence (Asset Management) by the Central Bank of Bahrain, providing Hejaz with an important, regulated platform from which ...

Super trustee business dents Equity Trustees' FY26 results

MATTHEW WAI  |  THURSDAY, 27 AUG 2026
... review process, responses to regulatory notices, enhancement of investment governance arrangements and compliance with licence conditions," Equity Trustees said. Despite ongoing legal issues with ASIC, the assessment of the Shield and First Guardian ...

CSC tests waters on digital assets with Northern Trust

MATTHEW WAI  |  THURSDAY, 27 AUG 2026
... soon after, requiring digital asset platforms and tokenised custody platforms to acquire Australian financial services licence (AFSL) and comply with consumer protection obligations. The move was welcomed by the industry. However, according to Swyftx ...

AFCA moves to reinstate APT Strategy, opens doors for victims

KARREN VERGARA  |  THURSDAY, 27 AUG 2026
... Fiduciaries since February 2020, predominantly via their self-managed super funds (SMSFs). In July, ASIC cancelled the licence of Australian Fiduciaries, following its failure to pay an AFCA determination. Australian Fiduciaries engaged Compare Your ...

Super business drives net inflows for Australian Ethical

KARREN VERGARA  |  TUESDAY, 25 AUG 2026
... superannuation offering brought in $527 million of organic inflows in the last financial year despite being hit with additional licence conditions from APRA that it is currently working through. The influx of increasing superannuation guarantee contributions ...

HUB24 loans $78m to HTFS, beefs up ORFR reserves

KARREN VERGARA  |  TUESDAY, 18 AUG 2026
... superannuation fund, to beef up Operational Risk Financial Requirement (ORFR) reserves following APRA's imposition of licence conditions. The loan comes off the back of APRA hitting Equity Trustees' subsidiary HTFS, the trustee for the HUB24 ...

New investment governance provider for AFSL launches

MATTHEW WAI  |  TUESDAY, 18 AUG 2026
... new investment governance service provider has opened its doors for small to medium-sized Australia financial services licence (AFSL) holders to enhance and strengthen their governance frameworks. Founded by three former Russell Investments directors ...

Fiducian Group statutory profit falls 28%

MATTHEW WAI  |  MONDAY, 17 AUG 2026
... also against leading mainstream retail platforms that offer SMAs. Singh also clarified that, following the additional licence conditions imposed by APRA earlier this year, independent experts were appointed to review all investment options on its platforms. ...

ASIC warns investors over Yepbit platform

VINNY VUCAGO  |  THURSDAY, 13 AUG 2026
... platform. Yepbit claims to operate globally, including in Australia, but does not hold an Australian financial services licence (AFSL) and is not authorised to provide financial advice or services in Australia. The corporate regulator said Yepbit has ...

ASIC ramps up enforcement action

VINNY VUCAGO  |  MONDAY, 10 AUG 2026
... markets." Of the financial services and credit outcomes, 61% and 89%, respectively, resulted in permanent banning orders or licence cancellations. ASIC issued 77 permanent bans and cancellations, comprising 31 individuals and 46 organisations. A further ...
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