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ASIC acknowledge ASX’s release of the Portfolio, Program and Project Management Special Report and Audit Report

Today, ASX Limited released a Special Report, along with an external Audit Report, on its Portfolio, Program and Project Management Frameworks (PPPM Reports). The PPPM

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November 27, 2023

ASIC consults on remaking class order on Exchange Traded Funds (ETFs)

ASIC is seeking feedback from the investment management industry on our proposal to remake the ASIC Class Order [CO 13/721] Relief to facilitate quotation of

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November 24, 2023

ASIC permanently bans former insurance broker

ASIC has permanently banned Renato De Maria, of Melbourne, Victoria, from providing any financial service. Mr De Maria is also permanently banned from controlling an

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November 24, 2023

Mercer to pay $12 million penalty for misleading representations and fee disclosure failures

The Federal Court has ordered Mercer Financial Advice (Australia) Pty Ltd to pay a $12 million penalty after being found to have failed in its

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November 23, 2023

ASIC accepts court enforceable undertaking from iExtend

ASIC has accepted a court enforceable undertaking from iExtend Holdings Company Pty Ltd and iExi Pty Ltd (iExtend) after investigating concerns they were operating a

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November 23, 2023

ASIC Annual Forum 2023: Retirement income covenant: one year on

According to the Australian Bureau of Statistics, more than three million members will become eligible to draw from their superannuation in the next 10 years.

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November 22, 2023

ASIC Annual Forum 2023: How digital innovation is transforming financial markets

Increased competition is required to drive efficiencies in Australia’s financial markets, industry leaders have told the ASIC Annual Forum. Reflecting on the recent ASX CHESS

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November 22, 2023

ASIC disqualifies former Magnolia Group Capital director

ASIC has disqualified a former Magnolia Capital Group director from managing corporations for a period of 5 years and banned him for a period of

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November 22, 2023

ASIC Annual Forum 2023: Navigating disruption – regulator perspectives

Australia’s financial system and consumer protection regulators are positioned strongly to protect consumers from emerging harms related to digital disruption, the ASIC Annual Forum was

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November 22, 2023

ASIC Annual Forum 2023: Hardship and vulnerable consumers

Travers McLeod, Executive Director of the Brotherhood of St Laurence, said they were seeing evidence of “hidden hardship and pernicious trade-offs”. “We’re seeing reduced spending

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November 21, 2023
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