ASIC bans former financial adviser Rhys Reilly for 10 years and suspends Conexus Group’s AFS licence

26-073MR

banning10 Apr 2026

Respondent

Rhys Reilly

Facts

ASIC has banned former financial adviser Rhys James Rolls Reilly from providing financial services for 10 years and has suspended the Australian financial services (AFS) licence of Conexus Group Pty Ltd (Conexus) until 31 July 2026.

Outcome

ASIC banning order — Rhys Reilly (2026-04-10). See the ASIC source for the full terms.

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Read the source

https://www.asic.gov.au/about-asic/news-centre/find-a-media-release/2026-releases/26-073mr-asic-bans-former-financial-adviser-rhys-reilly-for-10-years-and-suspends-conexus-group-s-afs-licence

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