High Court sides with ASIC in Block Earner appeal
The High Court has unanimously found that the fixed-yield digital asset product ‘Earner’ offered by Block Earner was a financial product.
ASIC
ASIC permanently bans former director of Wealth Street from financial services and credit
ASIC has made two orders permanently banning Abdullah Popal, former director of Wealth Street Pty Ltd, from engaging in financial services and credit activities.
ASX settles ASIC proceedings related to CHESS project
ASX Limited today announced it has settled proceedings brought by ASIC in relation to statements made in 2022 on the status of the previous CHESS project.
ASIC disqualifies wife of convicted Mansa Group director from managing corporations for five years
ASIC has disqualified Mrs Shashikumari Agrawal from managing corporations for the maximum period of five years.
ASIC permanently bans former responsible manager of Brite Advisors from providing financial services
ASIC has permanently banned the former responsible manager of Brite Advisors Pty Ltd, Mr Gerard Duffy, from providing financial services.
ASIC cancels registered agent status of Registration Pty Ltd and Biz Australia Pty Ltd
The Australian Securities and Investments Commission (ASIC) has cancelled the registered agent status of Registration Pty Ltd and Biz Australia Pty Ltd.
ASIC issues infringement notices to Zara, H&M and Sephora
ASIC has issued infringement notices to three companies operating major fashion and beauty retail businesses in Australia.
Big Un former CFO Andrew Corner has insider trading charges against him discontinued
The Office of the Director of Public Prosecutions (CDPP) has determined it will discontinue proceedings against the former CFO of Big Un Limited following a hung jury.
ASIC exercises new powers to bring Euroclear under Australian licensing regime
ASIC has exercised new powers to declare that Euroclear Bank SA/NV has a material connection to Australia through its Australian activities.
ASIC cancels licence of Global Pacific Solutions Group
ASIC has cancelled the Australian financial services (AFS) licence of Global Pacific Solutions Group Pty Ltd.
