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23 March 2021 • By Sarah Simpkins • 1 min read

ASIC to adopt no-action position for virtual AGMs

The corporate regulator is set to adopt a temporary “no-action” position around virtual meetings, with further details to come.  The position has ...

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ASIC claims victory over Mayfair

The Federal Court has found that Mayfair 101 made false, misleading or deceptive statements in advertisements for its debenture products

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ASIC probes dodgy fundies

The corporate regulator has revealed details of its investigation into fund managers targeting retirees with misleading claims around cash-like ...

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ANZ settles class action over BBSW

The major bank has settled a case against it in the US relating to its role in the bank bill swap rate scandal. In a statement, ANZ said it had ...

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ASIC takes aim at big banks for remediation failures

ASIC deputy chair Karen Chester said that she “rejects completely” arguments that the banks had not paid billions in remediation due to fears of ...

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Shadow minister raises alarm on super, disclosure laws

The shadow minister for financial services and superannuation has urged voters to besiege their local parliamentary representatives about a reform ...

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JobKeeper delivered profit boom to healthy companies

A new report into JobKeeper has exposed profitable listed companies milking the government for revenue in what could be a colossal waste of taxpayer ...

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Forex Capital Trading director, former staff cop bans

ASIC has slapped a ten-year ban from providing financial services on the sole director of retail over-the-counter (OTC) derivative issuer, Forex ...

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Man charged over market manipulation conspiracy

A man has appeared in the Perth Magistrates Court charged with conspiring with others to manipulate the market.  ASIC alleges that Benjamin Heath ...

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CBA says union claims are ‘misinformation’

The Finance Sector Union (FSU) has accused CBA of offering its workers an “offensive con-job of an enterprise agreement” – but the bank says those ...

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