The Australian Securities and Investments Commission has fixed a regulatory anomaly which was unjustifiably hindering full AFSL-holders in delivering tax-exempt advice....

ASIC has cancelled the financial services licence of Gallop International Group, formerly known as Weather Pro Exchange....

The industry superannuation funds want the breach reporting regime to be toughened claiming bank licensees are exploiting deficiencies and still paying commissions to adv...

The government has reappointed Cathie Armour as a full-time member of the Australian Securities and Investments Commission....

The Government has been warned against allowing the new licensee self-reporting regime to result in people being named and shamed without adequate proof....

The major banks are facing a compensation bill well over $200 million as the Australian Securities and Investments Commission delves deeper into the “fees for no service”...

ASIC has accepted an enforceable undertaking from Macquarie Bank after the bank was found to have inadequate systems and controls to address inappropriate conduct in its ...

ASIC will be appointing an independent consultant to oversee elements of the FX enforceable undertaking acceptance by Macquarie Bank....

Stuart Arnold-Levy and David Heycock have been banned from providing financial services after an ASIC investigation....

The Australian Securities and Investments Commission has obtained Federal Court orders against an advice firm accused of FoFa breaches....

Financial services product manufacturers should be prepared to stand behind their offerings and ensure they are directed to the right consumers by the right people....

Col Fullagar reviews ASIC’s life insurance industry report and finds there are some serious issues in the claims management protocols of potentially all insurers....

The Financial Planning Association’s bid to become a code-monitoring body has taken another step with the appointment of two senior lawyers to oversee its Conduct Review ...

A debt solutions firm has been given an infringement notice and two others have been investigated by the Australian Securities and Investments Commission for misleading a...