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ASIC roundup: RAMS penalized A$20m, and MWL adviser banned

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GRIP Montage: ASIC/Getty Images

Martina Lindberg

7 min read
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The Australian Securities and Investments Commission’s latest actions and news, October 20 – 24, 2025.

Auditor of United Global Capital cancelled by CADB – October 24, 2025

The registration of company auditor Ryan William O’Shea has been cancelled due to his failures to perform his duties as auditor of: 

  • United Global Capital Pty Ltd (UGC) for the financial years ended June 30, 2021 and 2022; 
  • Global Capital Property
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