The High Court found that the whistleblower did not act in good faith in a 2011 tip-off and ordered him to pay compensation to a director he accused of corrupt acts.
January 31, 2023The class action seeks compensation for Medibank customers who had their personal and health data stolen by Russia-linked hackers in last year.
January 19, 2023On-site inspection will be initiated "immediately" in the event that financial services are interrupted for more than three hours due to a computer accident.
January 3, 2023European Council’s position on the revised Environmental Crime Directive will damage portfolios as well as the environment, says WWF.
December 19, 2022The FSS determined that BNK Kyongnam Bank should provide 65 to 75 percent compensation to two investors affected by the collapse of Lime Asset Management.
November 18, 2022The rule will require issuers to develop and implement a clawback policy for compensation that was erroneously awarded based on incorrect financial statements.
October 30, 2022ASIC says it should not have to oversee remediations in order for consumers to receive fair and timely outcomes.
September 28, 2022Some in the industry have expressed concerns that the CSLR does not go far enough, as its scope does not cover managed investment schemes.
September 14, 2022The bank is directed to submit a report to BOT explaining the two-day mobile banking app outage, and to prepare a plan to prevent a recurrence.
September 12, 2022A new study suggests public sector banks may need greater autonomy to improve their governance structures.
August 29, 2022