The banks were deceived regarding true beneficial ownership in their decision to open bank accounts between 2014 to 2017.
Allianz and AWP will pay a total AUD 1.5 million for engaging in misleading and deceptive conduct when selling travel insurance.
The bribes were paid as an inducement to or reward for the ex-banker to conceal the identity of the ultimate controller of two SMEs that obtained loans from HSBC.
The Federal Court found that Colonial First State misled its customers to encourage them not to transfer their superannuation to a lower cost MySuper product.
Three foreign firms and six local firms are accused of disturbing market order through their negative influence on stock prices.
KB Savings Bank increased its household lending by raising internal limits and discounting interest rates, without a strict review process and proper oversight.
The CSRC will organise on-site inspections to ensure securities and fund practitioners adhere to professional ethics obligations and improve governance.
Allianz is facing probes from BaFin, SEC and DOJ, as well as 25 investor lawsuits, over last year's collapse of its Structured Alpha Funds.
BitConnect promised investors lucrative returns through the use of a proprietary trading bot, but investor funds were siphoned off by the company's founder and others.
Binance Asia Services, which operates Binance.sg, is a "distinct entity" and may still operate under an exemption while its licence application is under review.
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