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regulation

12 June 2019 • By Sarah Simpkins • 1 min read

ASIC in hot water with Law Council

The Law Council of Australia has slammed ASIC deputy chair Daniel Crennan for certain comments he has made around contesting penalties, saying they ...

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Former CBA managers charged with fraud

Two former major bank managers have been charged with fraud after allegedly misappropriating nearly half a million dollars from the bank’s internal ...

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AUSTRAC to level up enforcement

AUSTRAC has said it will be upping the ante and using more of its enforcement powers in the financial services sector, with Afterpay appearing to be ...

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Royal Commission continues to sting with million dollar levy

The tail end of the Hayne Royal Commission continues to hit the finance industry with institutions set to pay 10 per cent more in order to fund the ...

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Institutions balancing consumers and shareholders post-RC

Major financial institutions could punish shareholders at the hands of prioritising consumer outcome over profit, with current legislation to blame, ...

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Suspicious trading spiking with M&As: ASIC

Information leaks before trading announcements are more likely to occur with merger and acquisition alerts, according to an new ASIC review on equity ...

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Macquarie cops fine for ‘negligent’ market conduct

ASIC’s Markets Disciplinary Panel has made Macquarie pay a $300,000 penalty after finding it guilty of providing inaccurate and incomplete regulatory ...

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Regulators are risk industry’s number one fear

Australian risk managers and governance leaders have unanimously chosen regulatory reform as the top risk for the industry in the future

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Compliance culture must start with ‘why?’

EXCLUSIVE A good culture of compliance within wealth management businesses must start with why certain regulatory measures are being implemented in ...

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Investment banks face cartel class action lawsuit

Five global investment banks are facing a cartel class action lawsuit after a suit was filed at the Federal Court yesterday.  Maurice Blackburn ...

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