The Swiss Exchange welcomed VanEck ETP AG as a new issuer of Exchange Traded Products (ETPs). VanEck ETP AG adds…
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ASIC extends a 12 months relief for foreign financial services providers regarding AFS licence
ASIC Corporations (Amendment) Instrument 2021/510 extends the relief contained in these instruments: ASIC Corporations (Repeal and Transitional) Instrument 2016/396; ASIC…
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ASIC issues a permanent ban on former Sentinel Wealth manager
ASIC also revealed that Fineff provided financial services outside of Sentinel’s license and that he also acted in conflict with…
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Australians lost $328 million to investments scams in 2020
The ACCC said in the report: It is not surprising that in 2020, 25% of all scam reports involved the…
Read MoreForex CT hit with $20 million penalty for unconscionable conduct
The firm was also found to have employed high-pressure tactics when it came to making sales, recommended trading sales which…
Read MoreASIC bans Union Standard director John Martin for 10 years
The Australian watchdog found that Martin was involved Union Standard’s failures to ensure that the financial services covered by its…
Read MoreASIC cancels Direct My Wealth Pty’s lincence
The announcement said: Under the Corporations Act 2001 and National Consumer Credit Protection Act 2009, ASIC may suspend or cancel…
Read MoreASIC seeks civil penalties against Equiti FS based on remuneration breaches
Referring to the Corporations Act 2001, ASIC also alleges that the aforementioned bonus payments were a breach of the prohibition…
Read MoreASIC bans former director of Theta Asset Management for four years
Marie’s ban is connected to five defective Product Disclosure Statements (PDSs) for the SIT, under which a total of $16,710,669…
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ASIC warns against limestonefx.com
Investors with the above-mentioned website have alerted ASIC that are unable to withdraw their investments form it. ASIC has discovered…
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