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Showing 1 - 10 of 6498 results for "Regulatory"

ASIC boasts $830m record civil penalties

KARREN VERGARA  |  MONDAY, 20 JUL 2026
ASIC has scored a whopping $830 million in civil penalty orders in the last financial year alone, a Freedom of Information (FOI) request revealed. The FOI obtained by Lambros Photios, the founder of technology services and artificial intelligence (AI) ...

FSCP bans adviser over client advice failures

VINNY VUCAGO  |  MONDAY, 20 JUL 2026
The Financial Services Credit Panel (FSCP) has cancelled the registration of financial adviser Peter Morrison-Dowd and banned him from providing personal advice to retail clients until at least September 2027 after finding multiple breaches of his legal ...

Prime Value licence suspended over reporting failures

VINNY VUCAGO  |  MONDAY, 20 JUL 2026
... managed investment schemes. While those issues have been rectified, the regulator said the reporting failures warranted regulatory action. Under the suspension, Prime Value is prohibited from issuing interests in its managed investment schemes to new ...

Brighter Super hires legal chief from crisis-hit Corporate Travel

RIDDHIMA TALWANI  |  MONDAY, 20 JUL 2026
... its financial reports or risk delisting from the ASX. Sorrenson brings nearly two decades of legal, governance and regulatory experience across financial services, including banking, regulation and superannuation. She returns to Brighter Super after ...

ASIC cancels AFSL of Australian Fiduciaries

RIDDHIMA TALWANI  |  FRIDAY, 17 JUL 2026
ASIC has cancelled the Australian financial services licence (AFSL) of Queensland-based Australian Fiduciaries, which is currently in liquidation. This follows Australian Fiduciaries' inability to pay the amount determined by the Australian Financial ...

Treasury expects regulators to do the heavy lifting

MATTHEW WAI  |  FRIDAY, 17 JUL 2026
... expectations on regulators to promote the "sound functioning" of the financial system, reminding both to consider the regulatory impact of its activities on affected industries, especially on small businesses and market entrants, "ensuring its actions ...

NGS Super names head of strategy

MATTHEW WAI  |  FRIDAY, 17 JUL 2026
... experience across financial services strategy, retirement, investment, insurance, product design, member engagement and regulatory policy. Callil will spearhead the development and execution of NGS Super's enterprise-wide strategy, including its ...

FAAA warns adviser levies could exceed $5k as ASIC costs climb

VINNY VUCAGO  |  FRIDAY, 17 JUL 2026
Financial advisers could face more than $5000 in combined regulatory levies this financial year, with the Financial Advice Association Australia ( FAAA ) warning rising ASIC and Compensation Scheme of Last Resort (CSLR) cost are placing unsustainable ...

Another MWL adviser banned over Shield collapse

RIDDHIMA TALWANI  |  THURSDAY, 16 JUL 2026
ASIC has banned another MWL Financial adviser Nicole Niu from providing financial services, controlling an entity that carries on a financial services business or performing any function involved in the carrying on of a financial services business for ...

Swedish PE giant sweetens offer bid for Perpetual

RIDDHIMA TALWANI  |  THURSDAY, 16 JUL 2026
... Capital, satisfactory completion of due diligence, negotiation and execution of binding transaction documentation, regulatory approvals and other customary conditions," Perpetual said. Pitcher Partners chief investment officer Cameron Curko said he suspects ...
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