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5024 media releases found
12 July 2019 MEDIA RELEASE
19-184MR ASIC cancels AFS licence of Australian Mutual Holdings Limited

ASIC has cancelled the Australian financial services licence (AFS licence) of Sydney-based financial services provider Australian Mutual Holdings ...

12 July 2019 MEDIA RELEASE
19-183MR ASIC cancels AFS licence of CWS Mortgage Ltd

ASIC has cancelled the Australian financial services (AFS) licence of Hobart-based CWS Mortgage Ltd (CWS).  CWS operated the CWS Mortgage Fund ARSN ...

12 July 2019 MEDIA RELEASE
19-182MR ASIC ensures licensees meet their AFCA membership obligations

After commencing operations on 1 November 2018, the Australian Financial Complaints Authority (AFCA) advised ASIC that 58 financial services ...

11 July 2019 MEDIA RELEASE
19-181MR ASIC permanently bans Melbourne finance broker from credit and financial services and cancels company licence

ASIC has permanently banned Wayne Saman from providing financial services and engaging in credit activities and has cancelled the Australian credit ...

11 July 2019 MEDIA RELEASE
19-180MR ASIC finds unacceptable sales practices, poor product design and significant remediation costs in CCI sold by major banks and lenders

ASIC’s review of the sale of consumer credit insurance (CCI) by 11 major banks and other lenders has found that the design and sale of CCI has ...

10 July 2019 MEDIA RELEASE
19-179MR Former Adelaide financial adviser sentenced to 10 years imprisonment

James Gibbs, former Adelaide financial adviser, has today been sentenced in the District Court of South Australia to 10 years imprisonment with a ...

10 July 2019 MEDIA RELEASE
19-178MR ASIC consults on remaking class order on departed former temporary residents’ superannuation

ASIC today released a consultation paper about whether it should remake a class order that provides conditional relief to superannuation trustees ...

9 July 2019 MEDIA RELEASE
19-177MR ASIC consults on proposal to intervene to stop consumer harm in short term credit

ASIC has released a consultation paper (CP 316) on the first proposed use of its new product intervention power. On this inaugural occasion, ASIC is ...

8 July 2019 MEDIA RELEASE
19-176MR iBosses restricted from using disclosure exemptions for failing to lodge financial reports

ASIC has restricted ASX-listed iBosses Corporation Limited (iBosses) from using certain disclosure exemptions when making public offers of securities ...

5 July 2019 MEDIA RELEASE
19-175MR ASIC provides new guidance for certain AFS licence applications

ASIC has released Information Sheet 240 AFS licensing – Requirements for certain applicants to provide further information (INFO 240) to provide ...

Last updated: 04/07/2023 01:12