ANZ was found guilty of breaching continuous disclosure laws in October. The bank is required to pay a A$900,000 penalty plus ASIC's costs.
December 8, 2023ASIC said Nomura subsidiary Instinet failed to provide clients with all necessary information about the operation of its crossing system.
December 7, 2023ASIC found that some online trading providers unfairly influenced consumer decisions and made misleading disclosures during the Covid-19 pandemic.
December 6, 2023OnePath Custodians made false or misleading representations and deducted fees from members for advice services they did not receive.
December 3, 2023Morningstar fund investors were exposed to weapons companies for "short periods of time" despite an ESG Policy that prohibited such exposures.
December 1, 2023ASIC's new guidance is to help financial advisers who service retail clients to register before the 1 February 2024 final deadline.
November 29, 2023ASX has committed to implementing all of the recommendations from an independent review of its Portfolio, Program, and Project Management frameworks.
November 29, 2023Mercer Financial Advice was fined for failing to provide compliant fee disclosure statements and charging fees for services never rendered.
November 24, 2023ASIC added new priorities targeting super funds and market integrity, and emphases a continued focus on greenwashing.
November 24, 2023ASX says it selected TCS and Accenture after extensive evaluation of potential solution options and product vendors.
November 20, 2023