The Pawski EU

An enforceable undertaking (EU) obtained from Darren Pawksi by ASIC provides that he cannot:

■ exercise or attempt to exercise any influence over WealthSure or WealthSure FS’s shareholders or new senior executives;
â–  provide financial services;
■ have any involvement or exercise any influence in key decisions of an AFS licensee;
â–  take part in the management of any AFS licensee;
■ have any involvement or exercise any influence in any key decision-making by WealthSure, as it relates to credit activities; or
â–  take part in the management of WealthSure or WealthSure FS, as it relates to credit activities.

Source: ASIC

Return to main feature

Leave a Comment

AustralianSuper’s India investment shows the pointy end of super diplomacy

AustralianSuper’s India investment shows the pointy end of super diplomacy

AustralianSuper’s decision to tip $500 million into an Indian government infrastructure fund comes amid increased belligerence from China and represents an escalation in the super fund diplomacy that the Albanese Government has used to deepen economic and political ties with key allies, writes Lachlan Maddock.

Sort content by