Australian Securities and Investments Commission

14-313MR Payday lender penalised for breaching new responsible lending laws

Payday lender Abaz Pty Ltd (Abaz), which offers loans nationally through the ‘ website, has paid a $42,500 penalty after ASIC issued it with an infringement notice for failing to obtain required ...
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RG 198 Unlisted disclosing entities: Continuous disclosure obligations

regulatory guide – 198 Issued 18 June 2009 This guide is for unlisted disclosing entities and their advisers. It provides guidance on how unlisted disclosing entities should comply with their ...
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ASIC Symposium: The Asia Pacific opportunity – Innovating for growth

ASIC Symposium for regulators, market leaders and innovators on the role regulation will play in promoting innovation and what it takes to safeguard stability amid rapid disruption.
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18-255MR Westpac admits to breaching responsible lending obligations when providing home loans and a $35 million civil penalty

Westpac has admitted breaching its responsible lending obligations when providing home loans and agreed to submit to a $35 million civil penalty to resolve Federal Court proceedings under the National ...
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26-242MR Former financial adviser Ezzat-Daniel Nesseim charged with breaching ASIC banning orders

Former NSW financial adviser Ezzat-Daniel Nesseim, of Pymble, NSW, appeared today in the Sydney Downing Centre Local Court, charged with seven offences of engaging in conduct in breach of permanent ...
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23-057MR Final ASIC update: Compensation for financial advice related misconduct as at 31 December 2022

Six of Australia's largest banking and financial services institutions have paid or offered a total of $4.7 billion in compensation, as at 31 December 2022, to customers who suffered loss or detriment ...
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ASIC's financial reporting surveillance program

ASIC's financial reporting surveillance program aims to improve the quality of financial reporting.
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25-285MR ASIC imposes additional conditions on Learn To Trade to address compliance failures

ASIC has imposed additional licence conditions on the Australian financial services (AFS) licence of Learn To Trade Pty Ltd (LTT) after it failed to comply with financial services laws. LTT provides ...
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25-245MR ASIC bans former UGC and MWL financial adviser Jovan Videkanic for 7 years

ASIC has banned Melbourne-based financial adviser Jovan Videkanic from providing financial services, controlling an entity that carries on a financial services business or performing any function ...
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25-159MR ASIC takes action against a further 28 SMSF auditors in FY25

During the second half of FY25, ASIC acted against the registration of 28 approved self-managed superannuation fund (SMSF) auditors. This brings ASIC’s total actions against approved SMSF auditors in ...
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26-061MR ASIC disqualifies Ashod Balanian from managing corporations for maximum five-year period

ASIC has disqualified Ashod Ohan Balanian, of North Ryde, New South Wales, from managing corporations for the maximum period of five years, for his involvement in three failed companies which operated ...
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ASIC consults on remaking class order on Exchange Traded Funds (ETFs)

ASIC proposes to remake Class Order [CO 13/721] and extend the relief to a broader class of exchange traded funds (ETFs). Industry is invited to provide feedback on our proposal. ASIC is seeking ...