Latest Australian Securities and Investments Commission News

ASIC consults on second product intervention order to stop continuing consumer harm
ASIC issues no-action position to allow right-of-use lease assets to count
Focuses for financial reporting under COVID-19 conditions
Credit Suisse pays $75,000 infringement notice
AMP boss De Ferrari should avoid class actions by obeying law, not whining to Parliament
Societe Generale Securities Australia Pty Ltd pleads guilty to client money offences
Darwin accountant receives jail sentence for failing to attend ASIC examination
ASIC cancels AFS licence of MyPlanner Professional Services
Former director banned for engaging in illegal phoenix activity
Merger process enters final stages
ASIC bans former Forex Capital Trading Pty Ltd employee from providing financial services
ASIC permanently bans Melbourne former responsible manager from providing financial services
ASIC’s responsible lending appeal dismissed by Full Federal Court
ASIC approves temporary COVID-19 changes to Banking Code
Building regulator’s top 10 preparation tips for new home constructions
Rise in investment scams during COVID-19 pandemic
ASIC publishes new regulatory guidance for mortgage brokers
Former Melbourne director Avrohom Kimelman charged with insider trading
ASIC reports on decisions to cut red tape – October 2019 to March 2020
ASIC sues CBA and Colonial First State for payment of banned conflicted remuneration
ASIC commences proceedings against CFS and Commonwealth Bank
Disciplinary Committee cancels liquidator Amanda Young’s registration
Capitol Health corrects accounting for business combinations
Federal Court imposes $1.8m penalty on One Tech Media Ltd and permanently bans Eustace Senese from managing
Update on APRA’s Westpac investigation
ASIC releases guidance on administration of its product intervention power
Former credit representative sentenced for breaching ASIC banning order
Investment funds told to correct advertising and disclosure
Societe Generale Securities Australia Pty Ltd accepts additional AFS license conditions
ASIC amends financial advice and capital raisings COVID 19 instruments
Industry funding: ASIC publishes Cost Recovery Implementation Statement 2019-20 for feedback
Info sheet 245: Board oversight and discretion in executive variable pay schemes
Former CFO charged with market manipulation and fraud offences
ASIC’s Interim Corporate Plan for 2020-21
Former financial adviser and Royal Commission witness, Sam Henderson charged with dishonesty and defective
CBA to pay $5 million over AgriAdvantage Plus Package – Royal Commission case study
ASIC cancels licence of retail OTC issuer Forex Capital Trading Pty Ltd
Former CEO and director of Sirtex Medical Limited sentenced for insider trading
ASIC further suspends AFS licence of BBY Ltd
Directors disqualified for engaging in illegal phoenix activity
ASIC cancels two AFS licences
Rugby Australia finalises 2019 financial accounts
Court declares Bendigo and Adelaide Bank contract terms unfair
ASIC bans three directors of Linchpin and Endeavour
Regulatory sandbox to boost Fintech innovation and competition in financial system
ASIC takes action on two AFS licensees 28 May
ASIC succeeds in application to appoint interim receivers to assets of Chris Marco and AMS Holdings
Lending officer convicted of giving misleading information