All posts tagged "Sarah Court"
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90Australia & NZAustralian Court Fines Colonial First State for Misleading Members
The court said Colonial First State Investments engaged in a 26-month "concerted campaign" that sought to take advantage of members.
October 20, 2021 -
136Australia & NZ
Court Finds Colonial First State Engaged in Misleading Conduct
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.
September 9, 2021 -
128Australia & NZAustralian Court Fines NAB Over Fee Disclosure Statements
NAB charged fees for personal advice without providing customers fee disclosure statements, providing them late, or containing false misleading information.
August 27, 2021 -
126Australia & NZAustralia: BT, Asgard Fined for Charging Fees for No Service
Westpac will pay A$3mn in civil penalties for BT Funds Management and Asgard Capital Management in proceedings commenced by ASIC in August 2020.
July 30, 2021 -
94Australia & NZASIC Product Intervention Order Upheld in Full Federal Court
ASIC is entitled to consider not just the characteristics of a relevant financial product, but also the particular circumstances in which it is supplied, the Court said.
July 1, 2021 -
291Australia & NZ
Treasury Announces New Chair, Deputy Chair for ASIC
The Treasury also said will introduce legislation by mid-year to establish the FRAA, a new body to oversee the performance of ASIC and APRA.
May 1, 2021 -
277Australia & NZACCC Extends Consumer Data Right to Business Customers
The amendments will encourage CDR participation by expanding its benefits to more businesses, including companies and partnerships, the ACCC said.
December 30, 2020 -
1.3KAustralia & NZ
ACCC Expands Intermediary Access to CDR Ecosystem
These amended rules will facilitate greater participation in the CDR by fintech firms and reduce the time and cost needed for accredited firms to enter the ecosystem.
October 5, 2020 -
1.4KAustralia & NZACCC Launches Consumer Data Right Accreditation Platform
The platform serves as a trusted environment where approved participants can share encrypted data, and provides a portal through which banks and fintechs can apply to be accredited.
May 26, 2020 -
1.6KAustralia & NZ
Open Banking: ACCC Allows Flexibility to Delay Product Data Sharing
Non-major banks, building societies and credit unions can delay sharing product reference data until 1 November, but are encouraged to begin sharing this data "if they are in a position to do so".
April 26, 2020
