ASIC
Funds management
The creators of cryptocurrency fund Monochrome have praised the regulator’s consultation into cryptocurrency strategies as it considers launching a Bitcoin exchange trade...
Policy & Regulation
The corporate regulator has released a consultation on proposed amendments to market integrity rules, which will close on 6 August....
Superannuation
The corporate and prudential regulators have put superannuation trustees on notice that they can expect a further follow up on their advice fee practices and that they ex...
Funds management
The Australian Securities and Investments Commission is seeking feedback on proposals about exchange traded products and other investment products that provide investors ...
Policy & Regulation
The corporate regulator has disqualified self-managed super fund auditor Gordon Shrubsole for breaching independence and auditing standards....
Financial planning
The Australian Securities and Investments Commission has cancelled the Australian financial services licence of BBY Limited, effective 24 June, following the earlier susp...
Financial planning
Financial adviser Hannah Jennings has been banned after the corporate regulator found she was inappropriately recommending clients double gearing strategies....
Financial planning
The data from the Australian Securities and Investments Commission showed that the number of advisers dropped this week by 112 to 19,631. ...
Financial planning
The introduction of the single disciplinary body as part of the Better Advice Bill will lift standards as it will be individual advisers who have to register themselves a...
Financial planning
Another FASEA exam in 2022 will remove “great uncertainty” if advisers need to re-take the exam in November, according to the Stockbrokers and Financial Advisers Associat...
Financial planning
The additional Australian financial services licence conditions imposed on Societe Generale Securities Australia a year ago have been removed from 3 June, 2021. ...
Policy & Regulation
The legislation to set up the Financial Regulator Assessment Authority has passed to assist the corporate watchdog’s new chair to ensure the Australian Securities and Inv...
Financial planning
The corporate watchdog’s guidance on the scope of civil penalty provisions and what may amount to trivial breaches does not provide sufficient objectivity to assist licen...
Funds management
The corporate regulator has removed a barrier to entry for offshore market-making entities wanting to participate in the Australian exchange traded fund market....
Superannuation
A second stage as part of the super test benchmark is needed to avoid relying on automation which could create issues similar to that of the Robodebt saga, according to t...
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MARKET INSIGHTS
Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...