ASIC

Financial planning

A Melbourne mortgage broker has been banned for five years and his company’s Australian credit licence was cancelled after breaching credit laws....

Financial planning

FPA canvasses co-regulatory model with ASIC

FPA canvasses two-way working relationship between professional bodies such as itself and ASIC....

Financial planning

ASIC rejects report citing bullying and harassment

ASIC has rejected a Money Management report of a union submission citing a culture of bullying and harassment....

Superannuation

SMSF exposure to hybrids worrying ASIC

ASIC chairman Greg Medcraft reinforces the regulator's concerns around SMSF exposure to hybrid securities. ...

Financial planning

ASIC staff claim bullying and budget cuts led to poor performance

Union submission states inefficiencies stem from internal ASIC problems....

Superannuation

ASIC must deter SMSF property spruikers

There is clearly regulatory concern about the activities of property spruikers as they seek to target SMSFs and, as Mike Taylor writes, a clear message needs to be sent. ...

Financial planning

ANZ sings ASIC’s praises

ANZ Banking Group is the only major market participant which did not identify any issues with the workings of ASIC. ...

Editorial

ASIC’s wait and see approach draws fire

Does ASIC really only act when complaints about particular schemes or issues “reach tsunami level”? ...

Financial planning

The regulatory obligations that impact your planning business

Sam Hills outlines what should be on a financial planner’s regulatory radar – and it’s not just the usual suspects....

Financial planning

SA broker pleads guilty to giving false information

A South Australian mortgage broker has pleaded guilty to five charges of giving false or misleading information on home loan applications worth over $500,000....

Financial planning

ASIC annual spend climbs as fees reap windfall

Regulator spends big but earns its keep for Commonwealth...

Funds management

ASIC gives up chase on alleged Trio mastermind

ASIC admits it can’t find enough evidence to continue its pursuit of alleged Trio mastermind Jack Flader....

Financial planning

ASIC fell short on CommFP review, says law firm

ASIC’s investigation of the Commonwealth Financial Planning (CommFP) scandal lacked the resources and scope to properly compensate all affected clients, a law firm believ...