Authorisation & Licensing regulatory updates from Australia.
Federal Court orders Australian Unity Funds Management to pay $7 million penalty for failing to confirm product suitability for investors
BPS Financial to pay $14 million in penalties over crypto Qoin Wallet
Brendan Gunn pleads guilty to dealing with money reasonably suspected of being proceeds of crime
ASIC acts against 28 SMSF auditors, flags increased scrutiny on in-house audit breaches
ASIC acts against ESG investment fund responsible entity alleging governance failures and misleading conduct
ASIC cancels Australian financial services licence of Velos Global Markets Pty Ltd
ASIC approves Cboe’s listing application to bolster competition in public markets
ASIC finds many auditors failing to demonstrate compliance with auditor independence obligations
Victorian man sentenced in Cann Group insider trading case
ASIC bans former Lighthouse Partners director Timothy Archibald for 10 years for fees for no service conduct
ASIC cancels AFS licence of CPG Research & Advisory for ceasing business operations and unpaid industry funding levies
Federal Court dismisses ASIC’s claims against former Freedom Insurance director and consultant
Directors of Perth-based financial services company charged over five-year failure to lodge financial accounts with ASIC
ASIC halts offers of TruePillars Investment Trust
ASIC permanently bans Noel Northcott from the financial services industry
Collection agency company director loses appeal against conviction for obtaining a financial advantage by deception
ASIC bans MWL financial adviser and investment committee member Wade Spooner for 8 years
ASIC bans former UGC and MWL financial adviser Jovan Videkanic for 7 years
ASIC cancels licence of Wealth Trail Pty Ltd (In Liquidation)
Auditor of United Global Capital and related entities cancelled by Companies Auditors Disciplinary Board
RAMS penalised $20 million for widespread compliance failings regarding home loans
ASIC secures interim court orders barring Ferras Merhi from financial services activities
Updated ASIC guidance supports digital asset innovation and boosts investor protection
ASIC secures interim travel restraint orders against Blockchain Global director Ryan Xu
ASIC cancels AFS licence of Arrumar Private for licence failures
ASIC cancels Australian credit licence of GS-APAC Pty Ltd
Charges against Dean Scook, former officer of Rock Mining Australia Limited, have been discontinued
Cboe Global Markets decision
ASIC cancels AFS licence of Ricard Securities
Former CEO of AI marketing company Metigy pleads guilty to misleading investors and dishonestly using his position
A roadmap for capital markets to grow our economy
ASIC review raises fresh concerns over risks to retirement savings from poor SMSF advice
ASIC successfully defends special leave application to the High Court by Cigno Australia director Mark Swanepoel and BSF Solutions director Brenton Harrison
ASIC sues suspended WA mineral exploration company AVZ Minerals and directors for disclosure failures
ASIC disqualifies NSW hospitality director for five years
ASIC announces 2026 enforcement priorities
ASIC takes action against MWL Financial Services, former director Nicholas Maikousis, and Imperial Capital Group Australia over alleged Shield advice failures
ASIC sues Interprac over alleged Shield and First Guardian licensee failures
ASIC suspends AFS licence of Surety Compliance Limited
Infrabuild companies pay infringement notices for failing to lodge financial reports on time
ASIC suspends AFSL of Centurion Capital Limited
QLD shadow director charged with $8m debt factoring fraud involving Bunnings Warehouse
Sheffield Insurance directors convicted and fined over a five-year financial reporting failure
ASIC cancels AFS licence of Ivy League Capital
Former director of private lending companies permanently banned over fraud conviction
ASIC issues DDO stop order against City Finance Lending Pty Ltd
ASIC imposes additional conditions on Learn To Trade to address compliance failures
ASIC sues former Electro Optic Systems Holdings director and CEO Ben Greene for breach of director’s duties
Banned SMSF Auditor charged with continuing to act whilst disqualified and falsifying documents
ASIC suspends AFS licence of Focused Financial Advice following failure to replace key person
ASIC issues DDO stop order against FXCM for TMD deficiencies
ASIC sues Diversa Trustees alleging failures relating to First Guardian
ASIC takes action against Adelaide-based Colin Oxlade and Spice Capital Partners over unlicensed financial services business
ASIC issues over $2.2 million in infringement notices to 12 large proprietary companies for alleged failure to lodge financial reports
ASIC suspends AFS licence of MW Planning Pty Ltd following failure to replace responsible manager
Former CEO of Bruck Textile Technologies has conviction overturned following appeal
Business lender and loan introducer together penalised $515,000 over credit law breaches
ASIC announces transformational package to safeguard Australia’s financial markets in response to ASX Inquiry interim report
ASIC renews guidance on managing conflicts of interest in financial services
ASIC bans Sydney mortgage broker for ten years and cancels her Australian credit licence
ASIC cancels AFS licence of Rynco Pty Ltd
CADB cancels registration of Sydney auditor for breaching duties across 10 ASX-listed audits
NGS blockchain mining companies and unregistered scheme wound up, found operating without a licence
ASIC bans former MWL financial services adviser and former UGC Head of Advice Louis Van Coppenhagen for 7 years
Federal Court orders $925,000 in penalties against RM Capital and SMSF Club for conflicted remuneration breaches
ASIC suspends Australian credit licence of Transitional Funding Pty Ltd
Richard Ernest Auricht’s liquidator registration cancellation overturned on appeal, substituted with five-year suspension
Former financial advisor Anthony Torre sentenced to six years imprisonment for fraud and stealing
Former United Global Capital financial adviser Milutin Petrovic’s ban varied to three years
Media releases