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ASIC cancels Perth-based licensee

The corporate regulator has cancelled the Australian Financial Services Licence of a licensee based in Perth at the request of the company.

ASIC cancels Perth-based licensee
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ASIC cancels Perth-based licensee

The cancellation of Platinum Perpetual Global Private Wealth's licence follows a separate action brought by Western Australian Police Force (WAPF), which has charged a 38-year-old male adviser of Platinum Perpetual Global Private Wealth, from Yanchep in Perth, with eight counts of stealing contrary to s378 of the WA Criminal Code 1913 (WA), ASIC said in a statement.

Red more on the ifa.

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