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Regulatory

Macquarie Securities to pay $35m for misleading data reporting

RIDDHIMA TALWANI  |  FRIDAY, 19 DEC 2025
Macquarie Securities (Australia) Limited (MSAL), the broking arm of Macquarie Group, has admitted to misreporting millions of short sales over several years and has agreed with ASIC to pay a $35 million fine.

Netwealth to spend $101m compensating First Guardian victims

JAMIE WILLIAMSON  |  THURSDAY, 18 DEC 2025
After admitting it didn't sufficiently assess the First Guardian Master Fund before making it available to super members, Netwealth is being sued by ASIC and will repay $101 million to victims.

Receivers appointed to First Mutual Private Equity

MATTHEW WAI  |  THURSDAY, 18 DEC 2025
The Federal Court has appointed receivers for the assets of First Mutual Private Equity and its sole director Gregory Raymond Cotton over allegations investor funds were gambled.

Equity Trustees hit with additional licence conditions

ELIZA BAVIN  |  THURSDAY, 18 DEC 2025
APRA has slapped Equity Trustees with additional licence conditions over concerns relating to its investment governance frameworks and practices.

ASIC welcomes support for simplifying guidance on conflicts of interest

MATTHEW WAI  |  TUESDAY, 16 DEC 2025
ASIC has made changes to the regulatory guidance on managing conflicts of interest for Australian financial services licence (AFSL) holders, with the changes informed by its surveillance of private markets.

Mulino wants PII to step up to make CSLR sustainable

KARREN VERGARA  |  MONDAY, 15 DEC 2025
The professional indemnity insurance (PII) sector will be forced to play a bigger role in making the Compensation Scheme of Last Resort (CSLR) sustainable, Assistant Treasurer Daniel Mulino proposes, as the Opposition slams the scheme for "constantly ...

ASX to undergo 'circuit breaker' reforms

ELIZA BAVIN  |  MONDAY, 15 DEC 2025
ASIC has obtained commitments from the ASX on a package of reforms including a strategic reset of the ASX's transformation program.

ASIC suspends MW Planning AFSL over missing responsible manager

MATTHEW WAI  |  FRIDAY, 12 DEC 2025
ASIC has suspended the Australian financial services licence (AFSL) of MW Planning, a subsidiary of MWL Financial Group, after it failed to appoint a new responsible manager.

Mulino looks to reform CSLR

ELIZA BAVIN  |  THURSDAY, 11 DEC 2025
Assistant Treasurer and Minister for Financial Services Daniel Mulino says Treasury will release a discussion paper looking at reforms for the CSLR early next year.

ASIC issues $2.2m infringement notices

ANGELIQUE MINAS  |  THURSDAY, 11 DEC 2025
Some very well-known names have been lashed by the corporate regulator for failure to lodge financial reports on time.