News : ASIC

ASIC

Mayfair founder sues ASIC for defamation

October 17, 2022

The founder of Mayfair 101 has commenced defamation proceedings against ASIC, claiming a recent press release injured his reputation.

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ASIC

Mayfair appeal against ASIC penalty dismissed

October 11, 2022

Swagatalakshmi Roychowdhury

The Federal Court has dismissed an appeal by Mayfair 101 against a $30 million penalty for false advertising handed to it late last year.

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ASIC

Gore fined for managing company

October 4, 2022

Swagatalakshmi Roychowdhury

A former Gold Coast property developer who defrauded SMSF investors has been fined for managing a company while in jail and disqualified from doing so.

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ASIC, Investments

Ban on Mayfair director overturned

September 15, 2022

Jason Spits

A court imposed ban on Mayfair 101 director James Mawhinney has been overturned, but injunctions restraining his actions have been reimposed.

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ASIC, Financial Planning

FPA wants continuation of ASIC levy freeze

August 23, 2022

Darin Tyson-Chan

An urgent call has been made by the FPA for the freeze on the annual industry levy to be applied to the 2023 financial year.

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ASIC, Auditing

ASIC outlines four-year priorities

ASIC retirement retirement decision-making

August 22, 2022

Darin Tyson-Chan

ASIC has nominated retirement decision-making and the supervision of SMSF auditors as areas it will be giving priority to over the coming four years.

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ASIC, Financial Planning

ASIC funding model review starts

August 9, 2022

Jason Spits

Five years after its implementation, Treasury will lead a review into the industry funding model used to pay for the work of ASIC.

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ASIC

Dixon clients urged to lodge AFCA complaint

August 3, 2022

Tia Thomas

ASIC has told former clients of Dixon Advisory to lodge a formal complaint so they may be eligible to receive compensation under any schemes launched in the future.

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ASIC