enforceable undertaking

Financial planning

ASIC cancels licence of securities adviser

Business of securities adviser subject to an enforceable undertaking has licence cancelled....

Financial planning

ASIC accepts enforceable undertaking from online foreign exchange broker for violating managed discretionary account (MDA) rules....

Financial planning

Payday lender to refund $14,000 to consumers

Payday lender Cash Stop Financial Services (Cash Stop) will refund a total of $14,000 to more than 650 consumers following an investigation by the Australian Securities a...

Financial planning

ASIC accepts EU from former financial services director

The Australian Securities and Investments Commission (ASIC) has accepted an enforceable undertaking (EU) from former director of AIE Fiduciary Services (AIE) Manish Babul...

Financial planning

Accounting auditors accept EU

Two Sydney-based accounting auditors have entered an enforceable undertaking (EU) with the Australian Securities and Investments Commission (ASIC) following a lengthy rev...

Financial planning

Commonwealth FP confirms exit of 2011 EU

Despite all the negative publicity, Commonwealth Financial Planning has exited its 2011 EU with ASIC....

Financial planning

ASIC makes 700 separate enforcement actions for 2013

ASIC releases enforcement report for second half of 2013 reporting 340 enforcement actions....

Financial planning

ASIC accepts EU from BNP Paribas

BNP Paribas will make a voluntary contribution of $1 million to financial literacy projects after its EU was accepted by the regulator....

Financial planning

Regulator points to new CommFP culture

ASIC has used its fourth major submission to the Senate Inquiry to point to a brand new culture at Commonwealth Financial Planning....

Financial planning

NAB and UBS donate generously to financial literacy

UBS and NAB have pledged $1 million and $2 million respectively to financial literacy projects in Australia, after a run-in with the regulator....

Financial planning

Ex-AFS adviser enters into EU

Former AFS adviser Gabriel Nakhl has been permanently banned from providing financial advice after entering into an enforceable undertaking....

Funds management

APRA accepts last EU in Trio enforcement action

Regulator says thirteenth EU will conclude planned Trio action....

Financial planning

Share trading software promoter cops 5-year ban

ASIC has banned a Queensland-based businessman for five years following his involvement in the deceptive marketing and selling of share trading software....