ASIC increases low volume financial market transaction threshold to $2.5M
ASIC has remade a legislative instrument which exempts low-volume financial markets from the requirement to hold an Australian market licence.
ASIC
ASIC disqualifies former Warwick Gold and Impact Gold director Yuetu Ma for four years
ASIC has disqualified former Queensland resident Yuetu Ma (also known as Jack Ma) from managing corporations for four years.
Former BW Equities desk assistant charged with misappropriation of client funds
Mr Emre Tahsin Basar of Docklands, Victoria has been arrested and charged with eight counts of dishonestly using his position as an employee to gain a financial advantage.
ASIC secures interim asset preservation orders against Star Investment Group Australia
ASIC has secured interim asset preservation and travel restraint orders against Star Investment Group Australia Pty Ltd (SIGA), Gondal Holdings Pty Ltd and the director of both entities, Ijaz Ahmad.
ASIC cancels registered agent status of AGFA Accountants
ASIC has cancelled the registered agent status of AGFA Accountants Pty Ltd for breaches of ASIC’s Registered Agent Terms and Conditions.
ASIC bans former Sequoia director Garry Crole for 10 years
ASIC has banned former Sequoia Financial Group Limited managing director and chief executive officer Garry Peter Crole for 10 years.
ASIC cancels AFS licence of Redstone Capital
ASIC has cancelled the Australian financial services (AFS) licence of NSW-based financial services provider, Redstone Capital Pty Ltd.
ASIC urges firms to act before digital asset licensing deadline
ASIC today reminded digital asset firms that they have until 30 September 2026 to apply for or vary an Australian Financial Services (AFS) licence.
Court grants ASIC application for appointment of provisional liquidators to 12 cos associated with Christopher Edwards
The New South Wales Supreme Court has ordered the appointment of provisional liquidators to 12 companies associated with NSW accountant and former solicitor Christopher Malcolm Edwards.
Australian regulator warns public of scammers increasingly using AI for investment fraud
ASIC is warning Australians that a quick online search is not enough to verify investment opportunities as scammers use generative AI to create vast networks of deepfake websites.
