ASIC is now considering using its broader product intervention powers to address consumer detriment in continuing credit contracts.
July 1, 2022The new Life Code takes effect on 1 July 2023, providing the industry with twelve months to transition and make the necessary systems changes.
June 29, 2022ASIC has identified behavioural levers that can influence consumer outcomes and situational vulnerabilities that can amplify poor outcomes.
June 28, 2022The communication strategies of some trustees may have risked confusing or misleading members about their product’s performance, ASIC said.
June 27, 2022To register a CCIV and initial sub-fund, a corporate director would first need to obtain an AFS licence, which can be a variation of an existing licence.
June 24, 2022The CFD trader made AUD 343,000 in profit by trading on inside information regarding a takeover bid for PanAust Limited.
June 22, 2022Charges were filed against Allianz Australia Insurance and AWP Australia in February last year.
June 20, 2022The new regime will increase the reportable data elements, the number of reporting entities, and make event-based reporting to a trade repository mandatory.
June 17, 2022Companies should review their cyber resilience settings and ensure detection, mitigation and response measures are adequate, says Greg Yanco.
June 16, 2022The government will also continue a consultation process started by Josh Frydenberg on a regulatory framework for the crypto sector.
June 15, 2022