Financial Services and Credit Panel cancels registration of NSW financial adviser Evan Byrnes for two and a half years
Why this matters
The FSCP, via a sitting panel, cancelled Evan Byrnes' adviser registration and imposed a registration prohibition from 23 October 2026 until after 23 April 2029, based on failures in client annual review records, ongoing fee charging without service delivery, and non-cooperation with his licensee. This is an administrative enforcement action against an individual, so it is classed as enforcement. It is assigned medium urgency because it carries a dated prohibition but imposes no direct obligation on other firms.
AI-generated classification rationale, not a full analysis. Verify with the original ASIC source before acting. Full disclaimer.
What the ASIC said
Financial Services and Credit Panel cancels registration of NSW financial adviser Evan Byrnes for two and a half years
Published by ASIC . Read the full notice at the source for the authoritative text.
Context
Australian Securities and Investments Commission (ASIC) — Australia's financial services regulator. We track 350 updates from them.
Australian financial services are regulated by ASIC and APRA. Browse all Australia updates.
This update is classified under Consumer Protection / Conduct, Authorisation & Licensing and Wealth & Private Banking.