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Super industry hit with long list of actions in landmark death benefit claims handling report
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What to do if you are affected by Cyclone Alfred
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ASIC launches new portal for Australian Financial Services (AFS) licensees
From 5 May 2025, AFS licence applicants will be able to apply for a new AFS licence through the Regulatory Portal.
ASIC launches new portal for Australian Financial Services (AFS) licensees Read May InFocus
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Former financial services director Mark McCabe sentenced for fraud offences
media release
21 May 2025
Mark Francis McCabe of Roseville, NSW, was sentenced in the Downing Centre District Court at Sydney on 16 May 2025 to four years and three months’ imprisonment with a non-parole period of two years and six months for three fraud offences.
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ASIC seeks leave from High Court to appeal Block Earner decision
media release
21 May 2025
ASIC is seeking special leave from the High Court to appeal the Full Federal Court decision which found that a product issued by Block Earner, which allowed consumers to earn fixed yield returns from lending specified crypto-assets, was not a financial product.
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ASIC sues home loan manager Resimac alleging failures to customers facing financial hardship
media release
21 May 2025
ASIC alleges thousands of home loan customers suffering financial distress were impacted by the failure of Resimac Limited to ensure it provided appropriate care when responding to hardship applications as required by its credit licence.
Featured topics
Enforcement activities
- ALAMMC Developments
- Ascent Investments and Coaching Pty Ltd and Michael Dunjey
- BBY Ltd
- Berndale Capital Securities Pty Ltd
- Brite Advisors
- Chris Marco
- Courtenay House Capital Trading Group Pty Limited and Courtenay House Pty Limited
- First Guardian Master Fund
- Mayfair 101
- NGS Crypto Companies
- Prospero Markets Pty Ltd
- Shield Master Fund
- Sterling Group
- United Global Capital Pty Ltd
- Youpla Group (formerly Aboriginal Community Benefit Fund)
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