All posts tagged "ASIC"
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69Australia & NZASIC Calls for Review of Non-compliant Whistleblower Policies
Some policies inaccurately refer to obsolete requirements for whistleblowers to identify themselves or make disclosures in good faith or without malice to qualify for protection.
October 14, 2021 -
102Australia & NZAustralia Drafts Rules for Financial Advisor Discipinary Matters
The regulations prescribe when ASIC must refer disciplinary matters to the single disciplinary body and which sanctions must be included on the Financial Advisers Register.
October 7, 2021 -
194Australia & NZAustralia Funds Industry Prone to Conflicts of Interest
A "long, complex value chain" of intermediaries between fund managers and retail investors raises the potential for conflicts of interest.
September 27, 2021 -
131Australia & NZ
ASIC Publishes Final Guidance on Anti Hawking Regime
The guidance emphasises the need for firms to maintain records of consumers giving consent to be sold financial products as a way to demonstrate compliance.
September 24, 2021 -
191Australia & NZ
ASIC Stresses Record-Keeping Obligation for New DDO Regime
ASIC says it may request records from advice licensees and financial advisers to monitor compliance with the new design and distribution obligations.
September 24, 2021 -
201Australia & NZ
ASIC Warns of Social Media ‘Pump and Dump’ Campaigns
ASIC calls on market participants and listed companies to be on the lookout for and report suspected ‘pump and dump’ activity in listed securities.
September 23, 2021 -
180Australia & NZCBA Faces Criminal Charges Over Consumer Credit Insurance Sales
Commonwealth Bank plans to plead guilty to making false or misleading representations to customers about insurance policies.
September 17, 2021 -
153Australia & NZAustralia: Members Equity Bank Facing 62 Criminal Charges
ASIC says ME Bank made false or misleading representations about interest rates and repayment amounts to home loan clients.
September 15, 2021 -
144Australia & NZAustralia Appoints Inaugural Members to FRAA
Nicholas Moore, ex-CEO of Macquarie Group, has been appointed as Chair of the Financial Regulator Assessment Authority, which will oversee ASIC and APRA.
September 15, 2021 -
149Australia & NZAustralian Court Fines Allianz, AWP for Deceptive Conduct
Allianz and AWP will pay a total AUD 1.5 million for engaging in misleading and deceptive conduct when selling travel insurance.
September 9, 2021
