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Regulatory

ASIC secures $210m in compensation

ALEX BURKE  |  THURSDAY, 3 NOV 2016
ASIC secured $210.5 million in compensation over FY16, according to its annual report.

APRA marks New Year priorities

JAMIE WILLIAMSON  |  TUESDAY, 1 NOV 2016
Despite the current Australian financial system appearing healthy there remains areas of vulnerability, according to the latest annual report from APRA.

ASIC permanently bans dishonest adviser

KERRIE SYDEE  |  MONDAY, 31 OCT 2016
ASIC has permanently banned a New South Wales financial adviser from providing financial services.

Court blocks IOOF class action

JAMIE WILLIAMSON  |  MONDAY, 31 OCT 2016
A proposed class action against IOOF has been rejected by the Victorian Supreme Court.

ASIC permanently bans jailed adviser

KERRIE SYDEE  |  FRIDAY, 28 OCT 2016
ASIC has permanently banned a financial adviser after she was sentenced to imprisonment for fraud and stealing.

Self-auditing SMSF auditor caught in ASIC breach

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2016
Advisers should be careful when engaging a SMSF auditor following another disqualification by ASIC yesterday.

ASIC confirms systemic failures in advice

KERRIE SYDEE  |  THURSDAY, 27 OCT 2016
The Australian Securities and Investment Commission has confirmed systemic failures at 21 Australian Financial Services Licensees in providing ongoing advice services to clients.

ASIC collaborates with Kenya on innovation

JAMIE WILLIAMSON  |  MONDAY, 24 OCT 2016
ASIC has signed a co-operation agreement with the Capital Markets Authority of Kenya (CMA) to promote innovation in financial services.

Fed Court winds up unregistered investment scheme

KERRIE SYDEE  |  FRIDAY, 21 OCT 2016
The Federal Court has wound up 21st Century land banking companies and declared the land banking developments were unmanaged investment schemes.

Equititrust CEO remains permanently banned

KERRIE SYDEE  |  THURSDAY, 20 OCT 2016
The former chief executive and founding director of Equititrust remains permanently banned from providing financial services after withdrawing his application to the Administrative Appeals Tribunal for a review of ASIC's decision.