Author: EMA Investments

Check against delivery Good evening. I would like to start by acknowledging the Traditional Owners of the land on which we meet, the Whadjuk Noongar people, and pay my respects to their Elders, past and present. I extend that respect to Aboriginal and Torres Strait Islander peoples here today. It’s a real pleasure to be...

ASIC today has outlined an expanded program of work to enhance the integrity and quality of financial reporting and auditing in Australia in achieving the broader goal of confident and informed investors. ASIC’s pro-active financial reporting and audit surveillance program remains a key part of our work. The program covers listed companies, other public interest...

Umuthi Healthcare Solutions has withdrawn its reference to the Upper Tribunal. Umuthi was challenging the FCA’s decision to discontinue the listing of its standard shares from the Official List. The withdrawal means that our First Supervisory Notice remains in force, and the discontinuance of the listing of Umuthi’s shares remains in effect.

Following the public statement of 14 December 2023, the European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published the final report containing Guidelines on funds’ names using ESG or sustainability-related terms. The objective of the Guidelines is to ensure that investors are protected against unsubstantiated or exaggerated sustainability...

ASIC has permanently banned Melbourne based financial adviser Kudzanai Philip Dzawo from providing any financial services, performing any function involved in the carrying on of a financial services business and from controlling an entity that carries on a financial services business. ASIC found that Mr Dzawo dishonestly attempted to induce clients to transfer their superannuation...