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Fiducian Subsidiary FIMS Pays $7.95 Million Penalty to Settle ASIC Proceedings
4:35pm on Tuesday 11th of August, 2026 AEST
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Financial Services
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Fiducian Subsidiary FIMS Pays $7.95 Million Penalty to Settle ASIC Proceedings
4:35pm on Tuesday 11th of August, 2026 AEST
Key Points
FIMS admitted contraventions under ASIC and Corporations Acts
Penalty and costs total $7.95 million
Court orders member notifications at FIMS expense
Proceedings dismissed following settlement
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