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ASIC roundup: Record fine for CFD issuer, bans, plus more

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

Hameed Shuja

3 min read
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The Australian Securities and Investments Commission’s latest actions and news, June 9-16, 2026.

Last week we witnessed one of the biggest enforcement actions in Australian financial services in recent years, as record penalties of more than A$300m ($211m) were issued against a collapsed CFD issuer and its former authorized representatives by the Federal Court.

Union Standard International Group Pty Ltd (the issuer)

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