Banking & Finance| 06 Mar 2024
ASIC’s greater appetite for riskier litigation, coupled with the prospect of more enforcement proceedings, raises the litigation risk for all financial services providers.
Financial Services| 30 Sep 2022
The Federal Court has dismissed legal action brought by ASIC against members of the CBA group relating to alleged breaches of the prohibition against paying conflicted remuneration.
Financial Services| 13 Sep 2021
ASIC has now published its updated and final guidance on the new breach reporting regime for AFS and credit licensees that will apply from 1 October 2021.
Banking & Finance| 30 Aug 2021
In this update, we explore the changes that financial services businesses can expect to see in ASIC’s approach to exercising its investigative and enforcement functions and powers.
Corporate & Commercial| 10 Aug 2021
Directors of listed entities, and their insurers, are set to benefit from a relaxation of continuous disclosure laws, which are shortly to be made permanent under new legislation.