Latest ASIC News

ASIC update on internal dispute resolution data collection for new reporting requirements
ASIC cancels AFS licence of Suetonius Wealth Management Pty Limited
Federal Court finds Finder Earn product was not a financial product
ASIC and APRA release a cross-industry information package on the Financial Accountability Regime
ASIC acts against 15 SMSF auditors performing in-house audits
Members’ voluntary liquidator sentenced for dishonestly using his position to withdraw company funds
ASIC disqualifies former ASX listed Merlin Diamonds director Joseph Gutnick for four years
ASIC and APRA issue final rules and further guidance for the Financial Accountability Regime
APRA and ASIC issue final rules and further guidance for the Financial Accountability Regime
ASIC consults on registered liquidator registration guidance
Finalisation of the Financial Accountability Regime Minister Rules
ASX pays $1,050,000 penalty for order information transparency failure
ASIC letter calls on insurers to improve claims handling practices
ASIC succeeds in conflicted remuneration case against financial advice licensee
ASIC shuts down nearly 3,500 scam websites, steps up surveillances in push to protect consumers
It’s a scam! Celebrities are not getting rich from online investment trading platforms
ASIC disqualifies NSW director for maximum five years after failure of seven companies
ASIC seeks orders to wind up Prospero Markets Pty Ltd
ASIC approves prescribed form for life insurance memorandums of transfer
ASIC successfully appeals ACBF and Youpla misrepresentations case
ASIC obtains bankruptcy orders against social media finfluencer Tyson Scholz
ASIC issues Urban Rampage with interim stop order over concerns of financial harm to First Nations consumers
ASIC secures interim travel restraint orders against former Blockchain Global director
ASIC issues infringement notice to Melbourne Securities for greenwashing
ASIC cancels AFS licence of NextGen Financial Group Pty Ltd
ASIC accepts court enforceable undertaking from former Melbourne financial adviser
Levelling up SMSF Compliance Regulators Update
ASIC calls on industry to improve oversight of Choice super performance and address issues
ASIC cancels AFS licence of Valorton Capital Pty Ltd
ASIC sues David Paul Hodgson and companies associated with the Paladin Group
New Moneysmart data reveals young women more stressed than young men about finances, cost of living
24-022 Former director of Reiwa-Capital pleads guilty to using investor funds dishonestly
ASIC permanently bans Yanchep financial adviser
Fine-Tuning of Investor Test Required to Protect Consumers
AFSL held by Brava Capital cancelled
Court finds Block Earner crypto product needs financial services licence
‘Picture to burn’: The law probably won’t protect Taylor (or other women) from deepfakes
ASIC halts offers of Shield Master Fund
Federal Court orders Brite Advisors wound up on just and equitable grounds
ASIC announces action against nine SMSF auditors
Charges laid following ASIC’s investigation into suspected self-managed super investment scam
ASIC grants class no-action position regarding Unfair Contract Terms for institutional markets
Final reminder for unregistered financial advisers
Aryn Hala charged with providing unlicensed financial services
ASIC and APRA issue joint letter on Financial Accountability Regime commencement and implementation
Former Ralan Group managing director sentenced to four years in prison
ASIC accepts court enforceable undertaking from buy now, pay later provider Elepay
ASIC’s guidance for market intermediaries on pre-hedging