The former sole director of ice vending machine company 24-7 Ice Pty Limited, Gary Leslie Cutcliffe, has appeared at Toronto Local Court charged with five counts of falsification of company books. ASIC alleges that between around 1 May 2017 and 31 May 2017, Mr Cutcliffe engaged in conduct that resulted in the falsification of books …
NSW director charged with five counts of falsifying company books Read More »
The FCA is on track to publish its wholesale data market study report by 1 March 2024. In an update report on progress so far published today, we have proposed, at this stage, not to refer any of the three markets, covered by the market study, to the Competition and Markets Authority (CMA). We are …
ASIC has commenced civil penalty proceedings in the Federal Court against five former directors and officers of the Youpla Group (formerly Aboriginal Community Benefit Fund) for breaches of their duties. The Youpla Group operated several funds providing funeral insurance, mostly marketed to indigenous Australians. ASIC Deputy Chair Sarah Court said, ‘ASIC’s case seeks to hold …
ASIC launches proceedings against five Youpla Group directors Read More »
Fraudsters are using the following details to scam people: Name: IB Platform / ibplatform.info (Clone of FCA Authorised Firm) Telephone: +442030973955, +447763075881 Email: [email protected], [email protected] Website: https://ibplatform.info/ Scammers may give out other false details, including email addresses, telephone numbers, postal addresses and Firm Reference Numbers. They may mix these details with the genuine details of …
IB Platform / ibplatform.info (Clone of FCA Authorised Firm) Read More »
Name: COIN WEALTH INVEST Address: 17 Lyndhurst Road, Plymouth, PL2 3DJ Email: [email protected] Website: https://coinswealthinvest.org/ Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or individual, so the information looks …
Name: XTREMEPLC Address: Tml House, 1a The Anchorage, 1a The Anchorage, PO12 1LY Email: [email protected] Website: https://xtremeplc.ltd/ Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or individual, so the …
ASIC has today released an open letter to lenders—which has been sent directly to 30 large lenders—calling on them to make sure they appropriately support customers experiencing financial hardship. ASIC is seeing evidence that an increasing number of customers are experiencing financial distress and difficulty due to cost-of-living pressures. In this context, it is critically …
Today, ASIC and the RBA (the Regulators) issued a joint letter outlining regulatory expectations of ASX Clear Pty Limited (ASX Clear) and ASX Settlement Pty Limited (ASX Settlement) when engaging with the newly established ASX Cash Equities Clearing and Settlement Advisory Group (Advisory Group). The Advisory Group, with Independent Chair Alan Cameron AO, was established …
ASIC – RBA issue joint letter of expectations to ASX Read More »
ASIC has suspended the Australian financial services (AFS) licence of Australasian Capital Pty Ltd (Australasian) ACN 143 093 832 for one year, until 25 August 2024. The licence authorised Australasian to provide financial services to wholesale clients. ASIC suspended the license because Australasian has ceased to carry on a financial services business. Australasian has also …
ASIC suspends AFS licence of Australasian Capital Pty Ltd Read More »
ASIC has banned Queensland director Maree Narelle Hawcroft from controlling an entity that carries on a financial services business and performing any functions involved in the carrying on of a financial services business for one year from 14 March 2023. The ban has been stayed from 1 August 2023, subject to conditions, after Ms Hawcroft …
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