We believe this firm may be providing financial services or products in the UK without our authorisation. Find out why you should be wary of dealing with this unauthorised firm and how to protect yourself. Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised […]
Author Archives: ETE
FCA sets out new employment offer
The Financial Conduct Authority (FCA) has today set out a new employment offer designed to reward strong, consistent performance, aid career development and close pay gaps. This follows an extensive, wide-ranging and comprehensive consultation with all FCA colleagues and the FCA’s Staff Consultative Committee. The changes, including updates to the proposals consulted upon, will mean […]
Sterling International Wealth
We believe this firm may be providing financial services or products in the UK without our authorisation. Find out why you should be wary of dealing with this unauthorised firm and how to protect yourself. Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised […]
22-029MR NSW director pleads guilty to making false statements
Mr Tom Thompson of Cabarita, New South Wales, has pleaded guilty to two counts of making false or misleading statements in documents lodged with ASIC. Mr Thompson is a director of Gumquest Pty Ltd ACN 072 443 611 (Gumquest) and a former director of Bonaparte Films Pty Ltd ACN 159 657 753 (Bonaparte Films). The […]
22-026MR Former employment agency director sentenced for breaching directors’ duties
Former employment agency director Rachel Edwards (also known as Konito Pakoti) of Werribee, Victoria, has been convicted of breaching her directors’ duties and sentenced to 11 months’ imprisonment. She was immediately released on a three-year good behaviour bond. From 9 February 2009 to 26 Janurary 2016, Ms Edwards was the sole director of employment agency […]
Statement on funeral plan provider applications
From 29 July 2022, the Financial Conduct Authority (FCA) will regulate funeral plan providers, following a change in the law. Ahead of that, the FCA is assessing applications from funeral plan providers for authorisation. This process is to ensure: firms sell products which offer fair value, meet consumer needs and are sold fairly firms are […]
FX Master Trader
We believe this firm may be providing financial services or products in the UK without our authorisation. Find out why you should be wary of dealing with this unauthorised firm and how to protect yourself. Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised […]
Coin Plus FX LLC
We believe this firm may be providing financial services or products in the UK without our authorisation. Find out why you should be wary of dealing with this unauthorised firm and how to protect yourself. Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised […]
22-013MR ASIC banning and disqualification of former Provident Capital director upheld by AAT
The Administrative Appeals Tribunal (AAT) has upheld ASIC’s 2015 decisions in relation to former Provident Capital Limited director Mr Michael Roger O’Sullivan, of Mosman, Sydney, to ban him from providing financial services for seven years and to disqualify him from managing corporations. The AAT, which handed down its decision on 27 January 2022, reduced the […]
22-011MR ASIC quarterly update October to December 2021
ASIC has released its quarterly update for 1 October to 31 December 2021 (REP 717). During the quarter we completed investigations into matters arising from the Financial Services Royal Commission. Chair Joe Longo said, ‘ASIC launched a series of enforcement actions in response to a significant number of individual and corporate compliance failures. We will […]