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Regulation

24 May 2024 • By Rhea Nath • 1 min read

ASIC ‘bemused’ by sceptics of its greenwashing scrutiny

The corporate regulator has reiterated its focus on the accuracy and clarity of sustainability disclosures and representations, especially concerning ...

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FSC argues wholesale investor thresholds ‘must include grandfathering’

The FSC has maintained its calls for an increase to the wholesale investor threshold, however it has pushed for grandfathering for current investors

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RBA returns to slightly hawkish tone in May minutes

The RBA’s latest minutes portray a sense of concern amid stronger-than-expected inflation alongside a weaker economy. After its March minutes were ...

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How the corporate regulator puts its ‘lofty ambitions’ into practice

ASIC has unpacked the importance of strengthened penalties as part of its market supervision and how it determines regulatory action, touching upon ...

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Crypto platform promoter pleads guilty to providing unlicensed financial services

He was previously banned by ASIC in 2020 for providing unlicensed financial product advice and engaging in deceptive and misleading conduct

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Federal budget 2024–25: Here’s what you need to know

Treasurer Jim Chalmers delivered the Albanese government’s third federal budget on Tuesday evening, 14 May, touting a balanced approach in an ...

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Former investment manager pleads guilty to forging reports

The man was arrested last year over forged reports that allegedly falsely verified or claimed a history of investment returns. Brett Paul ...

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JP Morgan Securities Australia rapped for market gatekeeper failure

The firm has been hit with a $775,000 penalty by the corporate regulator. JP Morgan Securities Australia Limited (JPMSAL) has been penalised by the ...

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Prepared to raise rates if necessary: RBA admits all options are still in play

Economists have perceived the RBA’s latest statement as showing no near-term appetite towards rate easing. The Reserve Bank of Australia (RBA) left ...

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ASIC puts portfolio managers on notice amid increased greenwashing scrutiny

Portfolio managers have been put on notice by ASIC, as the regulator expands its focus on the governance around sustainable investing in an effort to ...

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