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Regulation

regulation

26 February 2021 • By • 1 min read

CBA case could affect 750,000 customers

The Federal Court will distribute notices to 750,000 credit card customers of a big four bank who may be eligible to participate in a class action ...

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Royal commission delays a ‘breach of faith’

Labor has rubbished the Morrison government’s delay in implementing the royal commission recommendations and taken aim at new crossbencher Craig ...

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ASIC sues NAB for unconscionable conduct

ASIC has commenced proceedings in the Federal Court against NAB alleging that it charged fees for making periodic payments when it was not entitled to

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ASIC will offer immunity to financial criminals

ASIC will now consider extending immunity to serious financial criminals if they assist it in its investigations and enforcement actions

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Financial sector cannot ignore modern slavery: KPMG

As the reporting deadline for the Modern Slavery Act creeps closer, KPMG and the Australian Human Rights Commission have warned that after the royal ...

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What ScoMo didn’t learn from COVID-19

Faced with the worst recession in 100 years, the Morrison government has chosen to take from the poor and give to the rich. The myth of the “dole ...

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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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