cdpp

Financial planning

Only half of ASIC referrals result in convictions in FY22-23

The conviction rate for cases referred by ASIC to the Commonwealth Director of Public Prosecutions has fallen to half compared to 100 per cent in the year prior....

Financial planning

Charge against former AWSM director dropped

Australasia Wealth Services and Management director, James Feng, was accused by the corporate regulator for authorising the making of a false or misleading statement....

Policy & Regulation

ASIC far from done with RC prosecutions

External law firms have been brought in as the Australian Securities and Investments Commission looks to wrap up referrals from the Royal Commission....

Policy & Regulation

Advisers avoid ASIC enforcement spotlight

Financial advisers were notable by their absence from the Australian Securities and Investments Commission’s latest Enforcement Update....

Financial planning

Dishonest adviser faces decades in jail

A former Adelaide financial adviser has pleaded guilty to 29 dishonesty offences committed when he was a planner, after ASIC found that he stole around $4.88 million from...