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regulation

17 June 2020 • By Lachlan Maddock • 1 min read

Mayfair settles trademark stoush

Mayfair has been forced to settle a trademark dispute launched over the use of the word “platinum”. Mayfair 101 will cease using the “Mayfair ...

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ASIC warns funds of advertising crackdown

ASIC has placed managed investment schemes on notice around their advertising, after the regulator undertook a review and seven responsible entities ...

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Perth Mint defends conflict gold accusations

The Perth Mint has welcomed a review of its processes after reports it may have sourced gold from a convicted killer in Papua New Guinea

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Pandemic adds uncertainty to regulation levies

The financial services industry seemed set to face a pricier bill for ASIC’s regulation, but then the coronavirus pandemic hit. ASIC published its ...

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Westpac dragged back down to earth

AUSTRAC has opened a new front in its war with Westpac – one that could see the cost of a potential penalty soar. When AUSTRAC made its statement ...

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Westpac under renewed investigation

The embattled bank has revealed it could be the subject of further investigation by AUSTRAC after it self-reported a number of issues to the regulator

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Former CFO charged with market manipulation and fraud

ASIC alleges the CFO attempted to manipulate the price of his company’s shares on the Australian Securities Exchange. Zhonghan Wu, the former chief ...

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Commonwealth Bank faces down class action

The bank says it will “carefully consider” any allegations it sold customers junk credit card and personal loan insurance. Slater and Gordon has ...

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Stimulus a victim of its own success

The $60 billion JobKeeper bungle was a result of Australia weathering the storm better than previously expected. JobKeeper was formulated in the ...

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Big four bank hit with multi-million dollar penalty

A big four bank has been ordered to pay a $5 million dollar penalty by the Federal Court after it was found to have breached the ASIC Act and the ...

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