ASIC’s records show that as at 9am on 18 January 2024, 4,036 (26%) financial advisers who provide personal advice to retail clients on relevant products
On 21 December 2023, a liquidator disciplinary committee (the Committee) decided that conditions should be imposed on Steven Naidenov, a registered liquidator. In summary, the
ASIC has disqualified Jamie Charles Farrelly of Kingston, ACT, and Gary James Kelly of Wright, ACT, from managing corporations for two years each due to
The Federal Court has ordered four current and former directors of Endeavour Securities (Australia) Ltd (in liquidation) and Linchpin Capital Group Ltd (in liquidation) to
ASIC has extended its product intervention orders made in relation to short term credit and continuing credit contracts so that the orders remain in force
ASIC has outlined practical steps to take for communities affected by flooding in Far North Queensland following ex-Tropical Cyclone Jasper. On 18 December 2023, the
ASIC has suspended the Australian financial services (AFS) licence of over-the-counter (OTC) derivatives issuer, Prospero Markets Pty Ltd (Prospero). Prospero has also provided an undertaking
The Federal Court has found that Zurich Australia Limited (Zurich) did not breach its duty of utmost good faith when OnePath Life Limited (OnePath), the
A new relief instrument ASIC Superannuation (Disclosure and Reporting Consistency Obligations) Instrument 2023/941 (the Instrument) continues the relief previously provided under ASIC Class Order [CO
ASIC has banned Mark Andrew Cooper of Seven Hills, Queensland from providing any financial services for a period of seven and a half years. Mr