Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

Regulation

regulation

05 May 2021 • By Reporter • 1 min read

ASIC accuses Westpac of insider trading

ASIC has commenced proceedings against Westpac for insider trading, unconscionable conduct and breaches of its AFSL obligations.  The allegations ...

READ MORE
icon

RBA grows optimistic on recovery

The RBA has upgraded its projections for Australia’s economic recovery as unemployment continues to fall sharply ahead of next week’s budget

READ MORE
icon

RBA makes May rate call

The RBA has made its latest decision on interest rates as Treasurer Josh Frydenberg prepares to deliver his recovery budget next week. The RBA has ...

READ MORE
icon

NAB controls ‘not adequate’ to prevent multimillion-dollar fraud

The bank detailed to a parliamentary committee how a top staff member was able to get away with a multimillion-dollar fraud, conceding that its ...

READ MORE
icon

ASIC in leadership, regulatory shake-up

ASIC has received not only new leadership but a firm warning from the government that it expects the regulator to “support Australia’s economic ...

READ MORE
icon

Biggest climate risk is not preparing: APRA

The prudential regulator is in phase two of its work around the risks climate change imposes on the financial system, with chair Wayne Byres saying it ...

READ MORE
icon

IOOF lashes out at ASIC enforcement

The wealth giant has struck back at ASIC finding that one in six clients at two of its advice licensees were exposed to damages, saying the issues ...

READ MORE
icon

ASIC exposes advice issues at IOOF

The wealth group has committed to taking remedial action, after ASIC found deficiencies at two of its financial advice licensees. In a statement, ...

READ MORE
icon

‘Not the right way to do reform’: Labor’s open door policy to industry

The federal opposition has set the stage for its approach to financial services regulation in the lead-up to a possible election early next year, ...

READ MORE
icon

James Mawhinney’s ‘reprehensible conduct’ earns 20-year ban

Mayfair boss James Mawhinney has shown “no contrition or remorse” for his part in a scheme that has likely cost its investors hundreds of millions

READ MORE