Select your preferred language
Language changes will apply immediately
Select your preferred language
Language changes will apply immediately
ASIC has banned former Sydney financial adviser John Morgan from providing financial services for five years after finding he gave inappropriate advice and made false and misleading statements to clients. The ban, linked to advice involving the Shield Master Fund, took effect on 21 October 2025 and has been recorded on the Banned and Disqualified Register.
The NAGA Group reported its first profitable first quarter, with net profit of €0.5 million, as a leaner cost base and efficiency measures took effect. Revenue declined year on year, but EBITDA more than doubled and margins improved, supported by an AI-focused operating model.
ASIC has acknowledged TMX Group Limited’s agreement to purchase Cboe Australia and Cboe Canada. The regulator will assess the proposed change of control as part of its statutory oversight of licensed financial market operators in Australia.
The FCA has conducted its first joint operation targeting illegal peer-to-peer crypto trading across multiple London locations. Working with HMRC and SWROCU, the regulator issued cease and desist letters at eight premises and gathered evidence for ongoing criminal investigations.
