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07 April 2017 • By Tim Stewart • 1 min read

ASIC reports on emerging market issuers

Companies from emerging markets looking to raise capital in Australia are more likely to have a 'stop' order placed upon them by ASIC than ...

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APRA boss flags more ‘tactical’ changes

APRA “can and will do more” to contain the housing market following the regulator’s announcement it will limit interest-only loans to 30 per cent of ...

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Federal Court upholds 'best interests' breach

ASIC has successfully defended its interpretation of the FOFA laws in the Federal Court, with a Melbourne-based advice licensee found to have ...

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ACCC rules against banks on Apple Pay

Australia’s biggest banks will not be allowed to collectively bargain with Apple or boycott Apple Pay, the Australian competition watchdog has ...

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Citibank refunds $5m in transaction fees

Citigroup has refunded close to $5 million to around 230,000 customers after failing to properly disclose that credit card international transaction ...

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Government tables new ASIC funding bill

The legislation that will enable ASIC’s new industry funding model has been tabled in Federal Parliament. The ASIC Supervisory Cost Recovery Levy ...

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ASIC signs MOU with Takeovers Panel

The corporate regulator has signed a memorandum of understanding with the Australian government’s Takeovers Panel highlighting the need to “refer to ...

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Government closes client money loophole

A bill that closes a loophole permitting over-the-counter derivatives providers to use client monies for more than just derivatives transactions has ...

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New ASIC guidance released for REs

The corporate regulator has issued new guidance for responsible entities in an effort to improve risk management systems. Regulatory Guide 259 is ...

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Count Financial wins case over negligent advice

A judge has dismissed claims from a client that negligent advice from Commonwealth Bank-owned Count Financial resulted in the loss of their life ...

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