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Regulatory

ASIC imposes licence conditions on Cambridge Mercantile

ANGELIQUE MINAS  |  THURSDAY, 12 FEB 2026
ASIC has imposed conditions on the licence of Cambridge Mercantile's local branch, following ongoing compliance failures.

Another MWL Financial Services adviser banned

ANGELIQUE MINAS  |  THURSDAY, 12 FEB 2026
ASIC has banned another former MWL Financial Services adviser in relation to the Shield Master Fund.

RBA veteran leads AOFM review

KARREN VERGARA  |  WEDNESDAY, 11 FEB 2026
A Reserve Bank of Australia (RBA) veteran has been appointed to lead an independent review into the Australian Office of Financial Management (AOFM).

CBA updates on class actions, governance review

ELIZA BAVIN  |  WEDNESDAY, 11 FEB 2026
Commonwealth Bank has given an update on its ongoing superannuation and advice class actions as it publishes the outcome of an independent report into its governance.

FIIG Securities fined $2.5m for lengthy cyber failures

JAMIE WILLIAMSON  |  TUESDAY, 10 FEB 2026
FIIG Securities will pay $2.5 million over cybersecurity failures that went on for years and saw the private data of clients compromised and, in some cases, leaked.

Treasury to reform managed investment scheme governance

KARREN VERGARA  |  TUESDAY, 10 FEB 2026
Treasury has opened another review into the $2 trillion managed investment scheme (MIS) sector off the back of the Shield Master Fund and First Guardian Master Fund collapses.

Mulino acknowledges some regulation 'not thought through'

ELIZA BAVIN  |  MONDAY, 9 FEB 2026
Responding to a new report calling on the government to slash red tape to improve productivity, the financial services minister says he is looking into all options.

ASIC bans adviser who stole from super accounts

JAMIE WILLIAMSON  |  FRIDAY, 6 FEB 2026
David Valvo, the former financial adviser, amateur comedian and celebrity impersonator who was convicted on fraud charges last year, has been permanently banned by ASIC.

Former AMP adviser banned over false documents

JAMIE WILLIAMSON  |  THURSDAY, 5 FEB 2026
A Melbourne-based financial adviser is permanently banned from the industry after signing documents on clients' behalf without their knowledge.

Petra Capital fined over misreporting of 15k trades

MATTHEW WAI  |  THURSDAY, 5 FEB 2026
Sydney-based stockbroking firm Petra Capital has been fined $205,350 by the Markets Disciplinary Panel for misreporting information on 3632 orders.