ASIC will take over administration of the financial adviser exam from the Financial Adviser Standards and Ethics Authority (FASEA) from 1 January 2022 following the commencement of the Financial Sector Reform (Hayne Royal commission Response – Better Advice) Act 2021 (the Act). The first exam sitting of 2022 will be held from 17 February until […]
Author Archives: ETE
ASIC TRADING
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 […]
Universal Capital Investment.
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 […]
21-331MR ASIC reports on cyber resilience assessments of financial markets firms
Today ASIC released its latest report on the cyber resilience of firms operating in Australia’s financial markets. Report 716 Cyber resilience of firms in Australia’s financial markets: 2020–21 (REP 716) provides an update on organisations’ cyber resilience in the two years since the publication of Report 651 Cyber resilience of firms in Australia’s financial markets […]
Consumer warning on Grosvenor Associates Ltd
We have removed Grosvenor Associate Ltd’s permissions. It is therefore no longer authorised to carry out any regulated activities. Any investments with Grosvenor may not be protected. Grosvenor Associates Ltd’s connections with Marvell Enterprises Ltd Grosvenor is connected with Marvell Enterprises Ltd, which we recently issued a consumer warning about. Marvell appeared to have been carrying […]
21-322MR ASIC brings criminal charges against former Courtenay House director and contractor for alleged Ponzi scheme
Tony Iervasi of Tweed Heads and Athan Papoulias of Brighton Le Sands, NSW, have today appeared in the Downing Centre Local Court charged with criminal offences for their actions relating to an alleged Ponzi scheme. Mr Iervasi is facing nine criminal charges of dishonest conduct and one charge of carrying on a financial services business […]
Films 4 U EIS1 Ltd
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 […]
binarycryptominers trading
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 […]
21-302MR ASIC files contempt application against James Mawhinney
ASIC has today filed a contempt application in the Federal Court against James Mawhinney, the director of companies in the Mayfair 101 group. On 19 April 2021 Mr Mawhinney was ordered by the Federal Court to stop raising funds through financial products for 20 years (21-076MR). ASIC alleges Mr Mawhinney failed to comply with these […]
21-298MR ASIC successful in Federal Court against GetSwift and its directors Bane Hunter, Joel Macdonald and Brett Eagle
The Federal Court has found technology and services company GetSwift Limited (GetSwift) made misleading statements and breached its continuous disclosure obligations when making statements to the Australian Securities Exchange (ASX) between February and December 2017. The Court also found GetSwift directors Mr Bane Hunter and Mr Joel Macdonald failed to meet their obligations as directors […]