Skip to content
  • Home
  • About
  • Contact
  • Page
  • ​Master SEO Tactics
  • Top 9 Finance News Websites Ranking
wikifx

wikifx

  • Home
  • About
  • Contact
  • Page
  • ​Master SEO Tactics
  • Top 9 Finance News Websites Ranking
  • Toggle search form
  • FX week in review: CySEC scolded, eToro results, affiliate compliance, Bitcoin ATM shutdown forex news
  • Russian c-bank appoints administrators to QBF LLC forex news
  • Court dashes Elon Musk’s complaint about SEC conduct forex news
  • Exclusive: Pepperstone names Alex Kolpokchi as head of Dubai DFSA entity forex news
  • SEC announces $25.6M distribution to Robinhood investors forex news
  • FX week in review: Axiance launch, Match-Trade in Cyprus, hires at Equiti and USGFX forex news
  • Exclusive: Rob Woolfe joins board of Capital Index forex news
  • FCA warns Board member of listed co over market abuse forex news

ASIC cancels licence of Future Asset Management International

Posted on 2021-11-12 By admin No Comments on ASIC cancels licence of Future Asset Management International

The Australian Securities and Investments Commission (ASIC) announces that it has cancelled the Australian financial services (AFS) licence of Future Asset Management International Ltd (FAMI). The cancellation is effective 5 November 2021.

ASIC cancelled the licence because FAMI is in liquidation.

FAMI has held AFS licence no. 424626 since 5 October 2012. The company is the responsible entity of Future Asset Holding Fund ARSN 160 488 817, Future Conservation Fund ARSN 619 511 830, Future Medical Fund ARSN 619 512 300, Future Investment Fund ARSN 160 488 291 and Future Mortgage Income Fund ARSN 141 274 446.

Under the terms of the licence cancellation, the liquidators of FAMI can continue to conduct certain necessary activities until 31 May 2022. These activities are:

  • transferring the Schemes to a new responsible entity;
  • investigating or the preserving of the assets and affairs of the Schemes; and
  • winding up the Schemes.

FAMI may apply to the Administrative Appeals Tribunal (AAT) for a review of ASIC’s decision.

Christopher John Baskerville of Jirsch Sutherland Pty Ltd was appointed liquidator to FAMI on 14 September 2021.

forex news Tags:forex-news

Post navigation

Previous Post: Frankfurt Exchange adds Deutsche Borse Cash Market head Eric Leupold to its Management Board
Next Post: FXCM Pro focusing on the future: innovation will continue to drive the trading industry in 2022

Related Posts

  • Marex gets a slap on the wrist for deficient reporting of block trades forex news
  • STC Trade View: Is STC Trade Broker Safe? forex news
  • FOREX.com Japan issues warning regarding TRY volatility forex news
  • Henyep UK changes corporate name to HYCM forex news
  • SEC obtains entry of default against Spot Option, Pini Peter forex news
  • NatWest hit with £264.7M AML fine in bags-of-cash case forex news

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • EUR/USD Holds Near 1.05 as Fed, ECB Policies Shape Market Sentiment
  • Gold Prices Hold Steady Amid Global Economic Uncertainty
  • Australian Dollar: How RBA Policies, Commodity Prices, and Global Tensions Are Shaping the AUD’s Market Performance
  • EUR/USD: Understanding the Currency Pair’s Trends
  • USD Under Pressure: Navigating Economic Data and Global Uncertainties

TAG

Axiory Review 2022 B2B B2Broker News Basic Forex Knowledge broker brokers brokers in the UK Brokersview Broker tools CFDs coin News cryptocurrency Cryptocurrency News Crypto News dogecoin FCA news finance forex forex-news Forex Broker Forex Brokers Forex Demo Account Forex market forex news forex scams forex time Forex trading fx fxtrader fxtrading Global Forex Gold Analysis HotForex InstaForex LiteForex Review 2022 markets work MT4 MT5 news OctaFX Review Samtrade FX South Africa trade Forex traders Trading Forex
  • European Commission extends time-limited equivalence for UK CCPs forex news
  • Will Oil Prices Reach Close to $200 per Barrel Soon? forex news
  • FOREX.com Japan to change margin requirements for TRY pairs forex news
  • Imposter website in India posing as real CySEC site forex news
  • Silver Star FX operators hit with $15.6M judgement for Forex fraud forex news
  • Tradeweb names Sara Furber its new CFO forex news
  • Binance to cease offering options and leveraged tokens in South Africa forex news
  • Rakuten Securities HK to impose fees on dormant accounts forex news

Copyright © 2025 wikifx.

Powered by PressBook News WordPress theme