The Australian conduct regulator has secured its first criminal conviction for failing to update defective disclosure statements, over the “fees for dead people” scandal that emerged from the financial services royal commission.
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IMPACT ANALYSIS: ASIC warns companies to get their whistleblower policies in order
whistleblower protection regime, the Australian Securities and Investments Commission (ASIC) has warned.
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IMPACT ANALYSIS: Insurers must review pricing systems after ASIC civil penalty action against IAL
The Australian Securities and Investments Commission (ASIC) has launched civil penalty proceedings in the Federal Court against Insurance Australia Ltd (IAL).
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ASIC slow off the mark as retirees lose millions in Managed Investment Scheme
The Australian Securities and Investments Commission has launched an internal investigation into whether it needed to do more to stop the marketing of Sterling First (Aust) Ltd and associated companies (Sterling First) to vulnerable elderly investors.
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How Powerful are ASIC and AFCA? Federal Court Sheds Light
Each time a challenger takes ASIC or AFCA to court, it is always telling to see how it plays out. Essentially, we get to learn more about the reach of their powers.
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ASIC Chair stands aside pending review into relocation expenses
ASIC Chair, James Shipton, has stood aside pending a review into relocation expenses, including for income tax advice paid for by ASIC.
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ANALYSIS: ASIC provides guidance on protecting whistleblower identity
The Australian Securities and Investments Commission (ASIC) has published two new information sheets to help firms understand their obligations under a new Corporations Act regime to protect whistleblowers.
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