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Regulatory

MUFG's acquisition of GROW approved

ELIZA BAVIN  |  THURSDAY, 8 OCT 2026
The ACCC approved the merger saying GROW Inc was "not an effective and vigorous competitor" and concerns were raised over its long-term financial viability.

ASIC issues more stop orders amid private credit crackdown

ELIZA BAVIN  |  THURSDAY, 8 OCT 2026
ASIC has issued another stop order on a PDS offering units in three registered managed investment schemes.

ASIC sues another former Venture Egg adviser

VINNY VUCAGO  |  WEDNESDAY, 7 OCT 2026
ASIC alleges the former adviser told 217 retail clients to roll over more than $25 million into First Guardian.

ASIC appoints receivers to Star Investment Group

VINNY VUCAGO  |  WEDNESDAY, 7 OCT 2026
ASIC has secured the appointment of receivers to Star Investment Group Australia and associated entities following a further Federal Court hearing into the investment scheme.

AFCA raises concerns over advice sector in systemic issues report

RIDDHIMA TALWANI  |  TUESDAY, 6 OCT 2026
The Australian Financial Complaints Authority (AFCA) has released its bi-annual Systemic Issues Insights Report, which outlines systemic issues identified and markers of excellence observed for the second half of the 2025-2026 financial year.

ASIC lifts stop orders against Remara

RIDDHIMA TALWANI  |  FRIDAY, 2 OCT 2026
ASIC has lifted three interim stop orders against Remara Investment Management's private credit products, after it amended its target market determination (TMD).

APRA flexes fresh powers, zeros in on trustees

ELIZA BAVIN  |  WEDNESDAY, 30 SEP 2026
APRA has released a package of proposals to strengthen trustee investment governance saying it has "elevated concerns" about the platform sector.

Developer jailed after $2.2m investment scam

VINNY VUCAGO  |  WEDNESDAY, 30 SEP 2026
A Queensland property developer has been sentenced to nine years in prison after pleading guilty to dishonestly applying more than $2.2 million in investor funds to his own use of that of others.

ASIC sets FY27 priorities straight

VINNY VUCAGO  |  WEDNESDAY, 30 SEP 2026
ASIC has outlined its supervisory priorities for 2026-27 with reviews of artificial intelligence (AI), member services and advice fee deductions among the areas of focus for financial services firms.

FSU calls for universal PPL

ELIZA BAVIN  |  MONDAY, 28 SEP 2026
The Finance Sector Union is calling for universal paid parental leave allowing all parents equal access to parental leave regardless of their caring role with full wage replacement.