Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Regulatory

ASIC acts against MWL, its director and lead generator

ANGELIQUE MINAS  |  THURSDAY, 13 NOV 2025
ASIC has taken action against MWL Financial Services, its former director Nicholas Maikousis, and lead generator Imperial Capital Group Australia.

APRA to continue crackdown on super fund expenditure

ELIZA BAVIN  |  THURSDAY, 13 NOV 2025
APRA said it has ongoing concerns around superannuation funds spending member money on sponsorships, marketing, events and entertainment and will use the full range of its powers to hold trustees to account.

Stay or leave: ASIC's private credit clampdown tests managers

RIDDHIMA TALWANI  |  THURSDAY, 13 NOV 2025
ASIC's crackdown on the private credit market has created a 'stay or leave' proposition for some fund managers, a Financial Standard event heard.

SQM Research faces court over 'favourable' rating of Shield

MATTHEW WAI  |  THURSDAY, 13 NOV 2025
ASIC is suing SQM Research over its 'favourable' rating for the Shield Master Fund, marking the first time the watchdog has acted against a research house.

Interprac sued over Shield, First Guardian failures

JAMIE WILLIAMSON  |  THURSDAY, 13 NOV 2025
ASIC is taking Interprac Financial Planning to court over its failure to ensure representatives acted in clients' best interests. It's also been accused of lacking adequate risk management systems.

Super performance test, DBFO reforms coming: Government

ELIZA BAVIN  |  WEDNESDAY, 12 NOV 2025
Treasurer Jim Chalmers and Assistant Treasurer Daniel Mulino have revealed where Treasury stands on major superannuation reforms, and when the industry can expect them.

ASIC cracks down on adviser CPD failures

ELIZA BAVIN  |  FRIDAY, 7 NOV 2025
Five advisers were brought before the FSCP for failing to comply with their continuing professional development requirements.

HESTA pays $40k fine for greenwashing

ELIZA BAVIN  |  THURSDAY, 6 NOV 2025
HESTA has paid two infringement notices issued by ASIC for misleading statements in advertisements.

Prime Super fined over tobacco exclusion claims

JAMIE WILLIAMSON  |  THURSDAY, 6 NOV 2025
Prime Super paid a penalty of $18,780 after it claimed it "excluded entirely" manufacturers of tobacco products when it had indirect holdings in six companies.

Metrics supports efforts to raise standards in private credit

RIDDHIMA TALWANI  |  THURSDAY, 6 NOV 2025
Metrics Credit Partners has strongly supported ASIC's calls for the private credit industry to deliver enhanced standards and says it looks to play a leading role in the process.