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Regulation

regulation

23 February 2021 • By Reporter • 1 min read

Criminal charges laid against Allianz 

Allianz and associated company AWP have been charged with counts of making false or misleading statements around the sale of travel insurance products

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ACCC flags concerns with Aon, Willis Tower Watson merger

The regulator has expressed issues over competition in the Australian market, as the two global insurance and advisory giants look to join forces

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Shipton escapes grilling after committee reshuffle

Outgoing ASIC chair James Shipton’s first appearance at the parliamentary joint committee on corporations and financial services since the scandal ...

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New disclosure laws will let companies ‘dupe’ investors

Treasurer Josh Frydenberg’s move to discourage class-action lawsuits shows that Australia is “soft on corporate misbehaviour”. Treasury will move ...

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CBA liable for millions in overcharged interest

The Federal Court has ruled that the Commonwealth Bank broke laws when charging an interest rate on business overdraft accounts that were up to more ...

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Tax Office reveals early super fraud numbers

The ATO has released estimates around the rates of fraud through the early release of super scheme, while a taskforce has launched six operations into ...

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Corporate adviser convicted of market manipulation

The director of a Perth corporate advisory firm has been convicted of conspiring to manipulate the market and sentenced to a year in prison

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Royal commission showed culture trumps rules: Aus Ethical

Despite the recent spotlight on a lack of reforms being adopted from the banking royal commission two years on, the head of ethics at Australian ...

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Mayfair launches bizarre broadside

Mayfair 101 founder James Mawhinney has launched a broadside at the courts, regulators, liquidators, and journalists, and claimed that ASIC is trying ...

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ASIC suspends AFSL

ASIC has suspended the AFS licence of a Queensland-based financial services provider for a period of six weeks for failing to comply with financial ...

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