CRYPTOCURRENCY

Funds management

The super and investment fund has added a spot bitcoin ETF from BlackRock to the CFS Edge platform, allowing advisers access to crypto assets....

Funds management

ASIC has appealed the Federal Court’s decision to dismiss proceedings against Finder regarding a crypto-asset product. ...

Financial planning

Financial services class actions are firmly back on the agenda after a ‘brief reprieve’ in recent years, reporting a 69 per cent rise in 2023, with crypto and ESG matters...

Funds management

The corporate regulator has handed down a permanent ban to the director of a crypto fund, whom it deemed to lack “integrity, trustworthiness and judgement”....

Policy & Regulation

ASIC now has a 1:1 ratio when it comes to court success in the enforcement of crypto activities and more action is expected as Treasury seeks to introduce a regulatory fr...

Funds management

The regulator has lost a case against Finder regarding crypto products in the Federal Court, with the comparison site stating that “innovation always moves faster than re...

Funds management

Over $1 billion in inflows went into international equity ETFs with two funds receiving over $150 million each in February, according to Betashares. ...

Funds management

The Federal Court has made one of its first decisions on the application of financial services law regarding crypto assets for fintech company Block Earner....

Funds management

Multiple asset managers including Fidelity and VanEck will now be able to list and trade their spot bitcoin ETFs following the approval of the vehicle by the US Securitie...

Financial planning

The US Securities and Exchange Commission may have approved Bitcoin ETFs, but financial advisers in Australia will still face restrictions on advising on them....

Funds management

The government has opened a consultation to increase regulation for digital asset and crypto platforms via holding an AFSL, including for those who give advice or promote...

Funds management

ASIC has handed over a $53,280 infringement notice to fintech company Bobbob over concerns of potentially misleading some 700 customers to invest $1.6 million in its cryp...

Funds management

A Sydney man permanently banned by ASIC and jailed for a Ponzi scheme allegedly duped former NRL player Jarryd Hayne out of $780,000 while the pair were in jail together....

Funds management

According to Investment Trends, almost two million Australians have been exposed to cryptocurrency, with 1.56 million continuing to hold the digital asset....

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Policy & Regulation

ASIC has increased the number of staff dedicated to cryptocurrency, despite it being unregulated, as high-profile collapses like FTX highlight the dangers of the asset cl...

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Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

3 days 14 hours ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

3 days 14 hours ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

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AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

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The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

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