ASIC Disqualifies QLD Executive For Five Years LeapRate

May 21, 2024 BY Elizabeth Anderson

ASIC Disqualifies QLD Executive For Five Years

The regulator keeps a register of “banned and disqualified” individuals to inform and warn companies and employees. Individuals on this record have been either disqualified from managing a company, auditing self-managed superannuation funds, or fulfilling a financial role in an organisation. Pereira reportedly managed four companies that were liquidated. ASIC listed these as East Coast…

November 17, 2023 BY Elizabeth Anderson

ASIC and AFSA commit to updated memorandum of understanding

The last update occurred in 2014. Essentially, the document states that the two agencies will continue to cooperate in pursuit of their goal to holistically serve the Australian government and protect and promote confidence in the country’s financial system. Setting out a framework for continued cooperation, the refreshed MoU strives to facilitate liaison, assistance, and…

September 29, 2017 BY Valentina Kirilova

ASIC bans former financial adviser for forgery

The Australian Securities and Investment Commission (ASIC) announced that has permanently banned financial adviser Koresh Daniel Houghton from providing financial services because he had engaged in misleading, deceptive and dishonest conduct and failed to act in his clients' best interests when providing advice. ASIC's surveillance of Mr Houghton found that he: had created false documents…

August 14, 2017 BY Valentina Kirilova

ASIC bans Queensland financial adviser

The Australian Securities and Investment Commission (ASIC) has banned financial adviser Travis Byron McLean from providing financial services for a period of five years. ASIC found that Mr McLean failed to act in his clients' best interests when providing advice and that he failed to comply with several financial services laws. ASIC Deputy Chairman Peter…

Tag: Australian Securities and Investment Commission (ASIC)