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Regulatory

Australian Ethical Super handed extra licence conditions

JAMIE WILLIAMSON  |  THURSDAY, 27 NOV 2025
The prudential regulator has flagged concerns over the fund's investment management arrangements with its parent company and whether the fees involved are in members' best financial interests.

ASIC to monitor union redundancy funds

ELIZA BAVIN  |  THURSDAY, 27 NOV 2025
ASIC will now have the power to regulate multi-billion-dollar redundancy funds, which the regulator had flagged are growing significantly.

FX coaching platform handed additional conditions over compliance failures

MATTHEW WAI  |  WEDNESDAY, 26 NOV 2025
ASIC has imposed additional licence conditions on Learn to Trade after it failed to comply with financial services laws over delayed lodgement, commanding it to appoint a consultant to review the business.

Two financial services directors fined $15k over reporting failures

MATTHEW WAI  |  TUESDAY, 25 NOV 2025
Directors of Sheffield Insurance Pty Ltd (trading by the name of Sheffield Insurance Services), Phillip Bird and Daniel Holmes, have been convicted of two offences and fined $15,000 over failure to lodge financial statements and auditors' reports with ...

APRA-regulated funds should not pay CSLR special levy: SMC

MATTHEW WAI  |  MONDAY, 24 NOV 2025
The SMC is urging the government to carve out APRA-regulated super trustees' responsibility in the FY27 CSLR special levy, claiming that it will be a "clear breach" of the scheme's principle otherwise.

APRA stress tests for potential ASX failure

ELIZA BAVIN  |  THURSDAY, 20 NOV 2025
In its inaugural System Risk Outlook, APRA looked at what could happen in the event superannuation funds and banks are unable to process trades.

Prevention of Shield, First Guardian-like events the focus from here on: Mulino

MATTHEW WAI  |  THURSDAY, 20 NOV 2025
Establishing a framework to prevent disasters like the Shield Master Fund and First Guardian Master Fund from happening again will be the focus moving forward, minister for financial services Daniel Mulino told the Financial Advice Association Australia ...

SQM vows to 'respectfully' defend ASIC case

MATTHEW WAI  |  TUESDAY, 18 NOV 2025
Almost a week after ASIC decided to take the research house to court over 'favourable' ratings of the Shield Master Fund, SQM Research has confirmed it will defend itself against the allegations.

ASIC not acting as a 'market maker': Constant

ELIZA BAVIN  |  FRIDAY, 14 NOV 2025
ASIC commissioner Simone Constant said the regulator's focus on private markets is not about "picking market winners" but rather just reaching its mandate.

Money laundering to become greater issue for super: AUSTRAC

ELIZA BAVIN  |  FRIDAY, 14 NOV 2025
AUSTRAC has warned that as a greater number of Australians reach retirement age, monitoring for money laundering needs to become a greater focus for the super sector.