Are Shield Masterfund and First Guardian the next CSLR black swans?

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In recent months it seems that there has been an almost constant stream of news about another collapse of an investment firm or action by ASIC against financial advice or... Read more continue reading

ASIC launches Inquiry into ASX

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ASIC has announced an Inquiry into Australian Securities Exchange (ASX) group, focusing on governance, capability and risk management frameworks and practices across the group. ASX plays a critical role in... Read more continue reading

ASIC cracks down on unlawful finfluencers in global push against misconduct

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ASIC has issued warning notices to 18 social media ‘finfluencers’ suspected of unlawfully promoting high-risk financial products and providing unlicensed financial advice to Australians as part of a Global Week... Read more continue reading

ASIC clears path for faster IPOs

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Entities listing on the ASX via the fast-track process now have access to a shorter initial public offering (IPO) timetable designed to reduce deal execution risk as part of a... Read more continue reading

The future of Australia’s public and private markets – ASIC shares industry feedback and next steps

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ASIC has released more than 50 public submissions received in response to its discussion paper on the evolving dynamics between public and private markets, released in February 2025. The paper examined the... Read more continue reading

ASIC uncovers widespread compliance plan deficiencies in the managed investment industry

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The responsible entities (REs) of a combined total of nearly $1 trillion in managed investments are failing to maintain adequate compliance plans, an ASIC review has found. ASIC assessed 50... Read more continue reading

Trusting trustees with our $4 trillion in superannuation

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ASIC Commissioner Simone Constant delivered a keynote address at the Consumer Rights Forum on 27 May. Here are the highlights of Simone’s speech: Superannuation is one of Australia’s greatest success... Read more continue reading

ASIC announces financial reporting and audit focus areas for FY 2025-26

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ASIC has published its financial reporting and audit focus areas for the 2025-26 financial year and highlighted the progress of its ongoing financial reporting and audit surveillance programs. ‘These surveillance... Read more continue reading

My Dealer Services urges decisive industry action from victorious Labor government

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Self-licensing specialist My Dealer Services (MDS) has called on the Labor government to start its second term with a period of decisive action, focused on growing the number of advice... Read more continue reading

ASIC consults on plan to increase visibility of firms’ breach and complaints data

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As part of its commitment to enhance transparency and accountability, ASIC is consulting on plans to publish two dashboards containing firm-level Reportable Situations (RS) and Internal Dispute Resolution (IDR) data... Read more continue reading