Search Results for: Australian Securities and Investments Commission (ASIC)
ASIC: lender pays $30,600 penalty for misleading online advertisements
April 2nd, 2014
Australian Securities and Investments Commission (ASIC), has announced that “Paid International Ltd”, formerly known as First Stop Money Ltd, has paid $30,600 in penalties after ASIC issued three infringement notices for making misleading representations in its online advertisements. The ...
Former Brisbane financial advisor jailed after pleading guilty to fraud charges
January 18th, 2016
The Australian Securities and Investment Commission (ASIC), the financial regulator of Australia, has issued a announcemnet to inform that: Following an ASIC investigation, Mr Thanh Tu, 38 years old, formerly of Forestdale, Brisbane, has today been sentenced to nine-and-a-half ...
ASIC seeks court orders to wind up Management Firm of Investment Schemes
September 16th, 2015
The Australian Securities & Investments Commission (ASIC) has issued a media release to inform that the Commission seeks court orders to wind up Avestra Asset Management. According the Commissions’s report: ASIC has commenced proceedings in the Federal Court of ...
ASIC facilitates foreign financial service providers applying for exemptions
March 13th, 2015
ASIC is clarifying the documentation foreign financial services providers should provide to it when applying for class order exemptions to conduct business in Australia to facilitate an easier application process. In a written statement to key advisers to foreign ...
ASIC charges former CEO of IT companies
April 15th, 2014
The Australian Securities and Investments Commissions (ASIC), has issued an announcement that Mr Peter Mavridis, of Bentleigh, Victoria, has appeared before the Melbourne Magistrates Court after an ASIC investigation led to him being charged with 24 charges of obtaining ...
