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Prezzi
macroJul 14, 2026, 11:17 PM

ASIC Fines NAB WealthHub A$1.055M for Data Failures Over 10 Years

Australia's ASIC penalized NAB's WealthHub Securities A$1.055 million for failing to provide complete and accurate regulatory data over 9.5 million times between July 2014 and October 2024.

NAB

Australia's corporate regulator, ASIC, has imposed a fine of A$1.055 million on NAB's WealthHub Securities via the Markets Disciplinary Panel. The penalty stems from the firm's failure to submit complete and accurate regulatory data on more than 9.5 million occasions over a ten-year period spanning July 2014 to October 2024.

ASIC stated that the repeated data submission failures undermine market integrity and transparency. The Markets Disciplinary Panel found that WealthHub Securities breached market integrity rules by not ensuring the accuracy and completeness of required data filings.

Source: First Squawk