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ASIC roundup: Former director sentenced to prison, and Snaffle sued

Montage of the Australian arms Emu and Kangaroo emblem
GRIP Montage: ASIC/Getty Images

The Australian Securities & Investments Commission’s latest actions and news, May 19 – 23, 2025.

Actions against Kalkine Pty Limited for offering unlicensed advice – May 23, 2025

Kalkine Pty Limited has been ordered to appoint an independent compliance consultant to address concerns where the company’s customer service representatives were found to be giving unlicensed advice. Findings and recommendations by the consultant must be implemented to achieve compliance

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