Search Results for: Australian Securities and Investments Commission (ASIC)
ASIC obtains extension of injunction freezing bank accounts of Sino Australia Oil and Gas Limited
June 3rd, 2014
The Australian Securities and Investments Commission (ASIC) has obtained orders in the Federal Court in Melbourne extending an injunction restraining Sino Australia Oil & Gas Ltd (SAO), an ASX-listed entity, from transferring company funds from two accounts it holds ...
ASIC takes civil action against Astra Resources and its directors
May 21st, 2014
The Australian Securities and Investments Commission (ASIC) has started legal action against Astra Resources PLC (Astra Resources) and its directors, alleging the company illegally raised more than $7.6 million from almost 300 Australian investors between September 2011 and September ...
Former Perth director jailed for providing false and misleading information
May 16th, 2014
The Australian Securities and Investments Commission (ASIC) has issued the following press release: Mr David Alan Zohar, a former director of Aluminex Resources Limited, was sentenced today to 14 months in jail. The sentence, handed down in the Perth ...
ASIC reports on how large financial institutions manage conflicts of interest in financial advice
January 24th, 2018
An Australian Securities and Investments Commission (ASIC) review of financial advice provided by the five biggest vertically integrated financial institutions has identified areas where improvements are needed to the management of conflicts of interest. The review looked at the ...
Financial advice firm to pay $1 million penalty
October 30th, 2017
The Australian Securities and Investments Commission (ASIC) has issued an announcement to inform that: The Federal Court has imposed a civil penalty of $1 million against Melbourne-based financial advice firm NSG Services Pty Ltd (currently named Golden Financial Group ...
ASIC signs fintech Cooperation Agreement with OJK to promote innovation in financial services
April 21st, 2017
The Australian Securities and Investments Commission (ASIC) and Indonesia’s Otoritas Jasa Keuangan (OJK) have entered a Cooperation Agreement to promote innovation in financial services in their respective markets. The agreement, signed today in Melbourne, establishes a framework for cooperation ...
ThinkMarkets Implements PayPal for Global Payments Coverage
March 16th, 2017
ThinkMarkets, a leading provider of forex and CFD trading has enhanced its payment offering with the launch of PayPal. The new payment solution enables ThinkMarkets’ global user-base to deposit and withdraw funds through PayPal’s international network. With the addition ...
ASIC warns customers about scam emails
January 11th, 2017
The Australian Securities and Investments Commission (ASIC) has issued an announcement to warn its Registry customers to be vigilant of scam emails purporting to be from ASIC. According the warning, ASIC is aware some customers have received emails containing attachments or ...
Asia trades lower, as oil prices drop; Westpac shares down 3.7%
May 12th, 2016
Asian stocks fell modestly Thursday, taking cues from declines in U.S. stocks after a string of top-flight retail companies released disappointing earnings. The U.S. markets falls came despite gains in oil prices on better-than-expected inventories data. Shares of Disney had ...
Forex Broker Ironfx Australia Becomes Gvs Au, Trades As Fxgiants
March 8th, 2016
IronFX Global Australia, the Australian unit of forex brokerage IronFX Global, has been renamed GVS (AU) PTY, according to data published on the website of the Australian Securities and Investments Commission (ASIC). The company now operates under the FXGiants trading brand, according to ...
