The corporate watchdog's findings on super funds' poor handling of death benefit claims highlights the growing risks facing directors and executives operating in Australia's $4 trillion retirement savings sector.
Australian Securities and Investments Commission
ASIC
Self-managed super funds are embracing crypto as an alternative asset, even as advisors stay cautious and regulators delay clear legislative guidance.
The MD of small cap advisor Oakley Capital Partners, owned by Adam Blumenthal's family trust, says the former broker has 'no involvement' in the business.
A recess in ASIC's lawsuit against current and former Star Entertainment executives and directors is a moment of reflection for their in-house lawyers — and a perfect time for golf.
Buy now, pay later is now regulated under consumer credit laws, but its impact on users’ credit histories — and their ability to borrow — remains uncertain.
Australia's personal insolvency agency is seeing more cases where crypto speculation has pushed borrowers into distress or already stressed borrowers to insolvency.
ASIC's first in-depth look at quickly expanding private markets has been welcomed by lawyers for its soft approach, but uncertainty over potential regulation has left some nervous.
The regulator is exploring whether the shift from public to private markets is permanent, and what role our $4 trillion super sector is playing in the trend.
The popularity of private credit assets has caught the eye of regulators but MA Financial and Metrics Credit Partners say concerns are overblown.
The Hong Kong-based blockchain mining company has taken aim at the corporate regulator’s investigative approach, arguing it did not provide adequate clarity.
Banks have largely driven the boom in private credit by pulling out of higher risk lending. Macquarie, however, is expanding its bet with highly structured lending to its clients.
Research from the global banking regulator shows BNPL lending growth is particularly vulnerable to the kind of regulation now being introduced in Australia.
Private credit is hot globally, and a growing number of Australian firms want a piece of the action. But they can expect greater scrutiny as ASIC begins digging into the ecosystem.
Australia doesn’t need more regulators and should retain its 30-year-old model for financial oversight, the ASIC chair told Capital Brief.
The private credit sector is awaiting ASIC’s review, with transparency around valuations, trustee independence and fee structures looming large.
The head of the corporate regulator criticised several aspects of the ASX's response and described the incident overall as “extremely concerning”.
Deregulation in Trump's first term contributed to bank collapses. Will the new administration's zeal heighten financial sector risk? And what does his return mean for private credit and crypto?
The corporate regulator's action against Sanlam Private Wealth over its compliance practices has exposed the risks associated with "licence for hire" firms.
Private credit is offering speed, flexibility and variety to smaller companies banks can’t match, according to East & Partners.
Australian law firms are preparing for ASIC's review of private markets by looking at what regulators have done overseas.