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Regulatory

Chiodo in ASIC's crosshairs again

KARREN VERGARA  |  TUESDAY, 4 AUG 2026
ASIC is taking further action on Paul Chiodo, this time for spruiking another property investment that raised $1.54 million from five SMSF investors.

FAAA calls for rethink on trust tax overhaul

VINNY VUCAGO  |  TUESDAY, 4 AUG 2026
The Financial Advice Association (FAAA) has urged the federal government to reconsider its proposed minimum tax on discretionary trusts, warning the reforms could impose significant costs on small businesses, financial advisers and lower income Australians ...

NSW director disqualified over $7m SMSF scam

RIDDHIMA TALWANI  |  FRIDAY, 31 JUL 2026
The Federal Court has permanently disqualified former director Larry Dawson from managing corporations after finding he defrauded investors on their self-managed superannuation funds (SMSF) investments.

ASIC simplifies compliance with beneficial ownership reforms

RIDDHIMA TALWANI  |  THURSDAY, 30 JUL 2026
ASIC has simplified compliance with its beneficial ownership reforms that will improve transparency about who ultimately owns, controls or has significant economic exposure to listed entities in Australia.

FSC calls for tougher oversight of advice licensees

VINNY VUCAGO  |  THURSDAY, 30 JUL 2026
The Financial Services Council (FSC) has called for a significant overhaul of ASIC's supervisions of financial advice licensees, arguing stronger regulatory oversight is needed to better protect consumers following recent industry failures.

ASIC wins court order to wind up Capital Guard

RIDDHIMA TALWANI  |  WEDNESDAY, 29 JUL 2026
ASIC has successfully sought Supreme Court orders to wind up Capital Guard and appoint independent liquidators to take control of the company.

ASIC ramps up action against SMSF auditors

VINNY VUCAGO  |  MONDAY, 27 JUL 2026
ASIC has stepped up enforcement against self-managed superannuation fund (SMSF) auditors, acting against 64 practitioners during the 2025-26 financial year amid concerns over compliance and professional standards across the sector.

Aussie Olympian's brother sentenced over crypto scam

RIDDHIMA TALWANI  |  THURSDAY, 23 JUL 2026
The brother of Australian breakdancing Olympian 'Raygun' has been sentenced 12 months' imprisonment for his role in a global cryptocurrency scam.

ASIC simplifies guidance to improve capital raising activity

MATTHEW WAI  |  THURSDAY, 23 JUL 2026
ASIC is simplifying the sell-side regulatory guidance in a move to spike capital raising activity, in line with its simplification effort which commenced in September 2025.

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.