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Showing 1 - 10 of 114 results for "Licenses"

ASIC files contempt orders against repeat offender

CHLOE WALKER  |  MONDAY, 29 JAN 2024
... managing corporations for two and a half years in 2016. Because of the investigation, Financial Circle's AFSL and credit licenses were cancelled in November 2018, and the company was fined $9 million. ASIC called the Financial Circle case a "sequel" ...

RW Capital launches Pets Fund

CHLOE WALKER  |  FRIDAY, 3 NOV 2023
... the assets are well-protected due to their licensing. "There's downside protection because it's not easy to get licenses to operate pet resorts, so there's some inherent value there. It's a really interesting space." Although the White family ...

ASIC updates breach reporting rules

KARREN VERGARA  |  FRIDAY, 20 OCT 2023
... number of breaches reported and identify any trends in reports, as outlined in Regulatory Guide 78 Breach reporting by AFS licenses and credit licensees (RG 78)," ASIC said. Under the new amendments, licensees also no longer have to report certain breaches ...

Pacific Current Group buys stake in PE firm

CHLOE WALKER  |  TUESDAY, 11 APR 2023
... royalties, environmental credits, live performance rights, international arbitration, boat marinas, media finance and spectrum licenses. PAC chief executive Paul Greenwood said the firm is thrilled to be entering into a partnership with Cordillera. "By ...

HUB24 grows FUA to $73bn

ANDREW MCKEAN  |  TUESDAY, 21 FEB 2023
... per share (up 87% on 1H22). HUB24 had growth from net inflows across all customer segments, including large national licenses, brokers, boutique advice practices and self-licensed advisers. The new business pipeline continued to grow, the number of advisers ...

ASIC takes SMSF accountant to court

ANNABELLE DICKSON  |  TUESDAY, 24 NOV 2020
... clients that had made complaints about the company and other letters be sent to client addresses from expired driver's licenses," the regulator said. In 2019, Thorne was a representative of former AMP subsidiary SMSF Advice and was found to have advised ...

Former Financial Circle director charged

ELIZA BAVIN  |  MONDAY, 16 NOV 2020
... implement financial advice from them. Financial Circle's Australian financial services licence and Australian credit licenses were cancelled on 19 November 2018.

IOOF compensation bill soars

KARREN VERGARA  |  MONDAY, 26 OCT 2020
... IOOF's provision for its own advisers stood at $216.9 million at the end of June 2020, followed by ex-ANZ advice licenses which amounted to $215.8 million. Employee benefits of $69.5 million rounded the final provision of $756.3 million. Compared ...

APRA reopens for licences

ANNABELLE DICKSON  |  MONDAY, 10 AUG 2020
... 2020. APRA chair Wayne Byres said: "In the case of licensing, we considered it appropriate to suspend the issuance of licenses in light of the high level of uncertainty created by COVID-19, which would have created especially acute challenges for new ...

Spaceship Super gets boost from Voyager

KANIKA SOOD  |  TUESDAY, 14 JUL 2020
... accepting new applications," he said. He also rules out the possibility of buying an RSE license. "While in past some licenses may have changed hands with different levels of regulatory requirement, now the expectation if it happens is that APRA would ...
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