Clik here to view.
ASIC acts on suspected fraudulent websites
Two Melbourne men appeared in court this week to face a range of charges following an investigation by the Australian Securities and Investments Commission (ASIC) into an alleged sophisticated SMSF...
View ArticleClik here to view.
Crypto mining scheme called out
The Australian Securities and Investments Commission (ASIC) has initiated legal action against three blockchain mining companies and their directors for allegedly encouraging investors to convert their...
View ArticleClik here to view.
SMSF fees see Macquarie fined
The Federal Court has ordered Macquarie Bank to pay $10 million in fines for failing to prevent and detect unauthorised fee transactions conducted by an adviser on his SMSF clients’ cash management...
View ArticleClik here to view.
Greenwashing actions revealed
ASIC has tackled close to 50 cases of greenwashing in the investment and super sector in the past 15 months, with the regulator’s response including taking court action and issuing heavy penalties.
View ArticleClik here to view.
Former adviser jailed for dishonest conduct
Action to ban an adviser for dishonest conduct in 2016 has reached its conclusion with the former practitioner sentenced to 18 months’ imprisonment.
View ArticleClik here to view.
ASIC takes action against SMSF auditors
ASIC has removed nine SMSF auditors from practice and imposed conditions on four more practitioners after referrals from the ATO.
View ArticleClik here to view.
ASIC issues share scam alert
ASIC has urged individuals to remain vigilant amid a rise in scams targeting shares held in the portfolio accounts of Australian investors.
View ArticleClik here to view.
Thousands of online scammers wiped out
The latest corporate regulator update revealed its enforcement actions shut down 10,000 websites and promotional activities in 2024.
View ArticleClik here to view.
More SMSF auditors sanctioned
ASIC has cracked down on 17 SMSF auditors who failed to meet their compliance obligations, banning some and imposing various disciplinary measures on others.
View ArticleClik here to view.
Regulators demand ASX action
The RBA and ASIC have publicly reprimanded the ASX over a critical system failure last year, calling for more action to prevent a reoccurrence in the future.
View Article