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Showing 1 - 10 of 337 results for "Watchdog"

MUFG's acquisition of GROW approved

ELIZA BAVIN  |  THURSDAY, 8 OCT 2026
The competition watchdog has given MUFG's takeover of GROW Inc the green light, while tearing down the latter in its determination. The ACCC said the takeover would be unlikely to have the effect of substantially lessening competition, saying the business ...

ASIC lifts stop orders against Remara

RIDDHIMA TALWANI  |  FRIDAY, 2 OCT 2026
... Management's private credit products, after it amended its target market determination (TMD). Last week, the corporate watchdog claimed the products were too risky for retail investors. The three products - the 6 Month (Fixed and Variable) Account ...

Scams and governance failures dominate tip-offs to ASIC

RIDDHIMA TALWANI  |  THURSDAY, 3 SEP 2026
The corporate watchdog received around 9800 tip-offs of misconduct from the public in the first six months of the year. Retail investor issues and governance matters continued to dominate reports received by ASIC, which together accounted for over four ...

ASIC levy estimates jump 19% as regulator ramps up funding

VINNY VUCAGO  |  MONDAY, 13 JUL 2026
... almost 20% for 2025-26, with regulated entities expected to shoulder $400.5 million in regulatory costs as the corporate watchdog expands its supervision and enforcement activities. The regulator's 2025-26 Cost Recovery Implementation Statement (CRIS) ...

ASIC makes first move since putting private credit on notice

MATTHEW WAI  |  FRIDAY, 3 JUL 2026
The market watchdog has made interim stop orders against two products operated by Stratfund, suspecting deficiencies in the target market determinations (TMD) for both products. Offered under the Australian Fixed Income Fund, the products in question ...

Former fund manager admits to obstructing SEC probe

KARREN VERGARA  |  TUESDAY, 16 JUN 2026
... Western AM with a US$100 million penalty for failing to detect and prevent its former staffer's cherry-picking scheme. The watchdog found the fund manager failed to take reasonable steps to ensure Leech's actions were consistent with the firm's ...

FCA pursues Neil Woodford again

KARREN VERGARA  |  THURSDAY, 11 JUN 2026
... providing unauthorised investment advice via W4.0, his Dubai-based investment platform. The UK's corporate and financial watchdog commenced civil proceedings against Woodford and W4.0. The FCA alleges Woodford and W4.0 are "providing regulated investment ...

ACCC approves Zurich's ClearView takeover

KARREN VERGARA  |  MONDAY, 18 MAY 2026
... million. In its Phase 1 Determination, the ACCC said the "acquisition may be put into effect". In assessing the deal, the watchdog said Zurich and ClearView overlap in Australia in the supply of life insurance products, particularly in the supply of ...

ASIC to receive $10m in FY27 to improve MIS supervision

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
The government will provide the market watchdog $10.3 million in the next financial year to enhance its ability to utilise data in its supervision of managed investment schemes. It comes as the government is providing $17.8 million over four years from ...

ASIC bans property wealth coach operating without licence

RIDDHIMA TALWANI  |  MONDAY, 11 MAY 2026
... the right to appeal to the Administrative Review Tribunal for a review of its decision. ASIC data shows the corporate watchdog received 9686 reports of misconduct and raised 13,036 issues in the six months to December 2025. Financial services and retail ...
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