Latest civil penalty News

ASIC commences proceedings against CBA for overcharged interest – Royal Commission case study
Nafara Australia Pty Ltd fined $13,320 for alleged unlawful importation of medical face masks in relation
Sydney man fined $2,664 for alleged unlawful importation of medical face masks in relation to COVID-19
Crackdown on Unfair Contract Terms to protect small businesses
Penalties to be introduced for unfair contract terms
Corporate criminal liability: complex, unruly and uncertain
Court imposes $90,000 penalty on former Tennis Australia director Harold Mitchell
Manningham Corporation Pty Ltd fined $13,320 for alleged unlawful importation of medical face masks
Notice published by order of Federal Court of Australia – ANZ found to have engaged
ASIC secures consumer remediation of over $10 million from Allianz for travel insurance
Company fined $500,000 for unlawfully importing of synthetic greenhouse gas
Pharmacist fined $2,664 for alleged unlawful importation of medical face masks in relation to COVID-19
ASIC Annual Report 2019-2020
Westpac and AUSTRAC agreement approved by Federal Court
Westpac ordered to pay $1.3 billion penalty
NAB ordered to pay $15 million for dealing with unlicensed home loan Introducers
Action over alleged market sharing cartel in overhead crane industry
Appointment of Commonwealth Queen’s Counsel
ASIC and Volkswagen Financial Services Australia settle Federal Court proceeding
Court finds in ASIC’s favour against Antares Energy and finds that former director James Cruickshank breached
Sydney Tools fined $26,640 for alleged unlawful importation of medical face masks in relation to COVID-19
Hepworth Industrial Wear fined $13,320 for alleged unlawful importation of surgical face masks in relation
Melbourne woman fined $2,664 for alleged unlawful importation of surgical face masks
ASIC commences proceedings against Allianz Australia Insurance and AWP Australia for alleged misleading sale
Premier Investments (Australia) Pty Ltd fined $13,320 for alleged unlawful importation of medical face masks
TTB International fined $13,320 for alleged unlawful importation of surgical face masks
AUSTRAC CEO’s statement on proposed Westpac settlement
Record penalty for breaches of anti-money laundering laws
AUSTRAC and Westpac agree to proposed $1.3bn penalty
ASIC enforcement update January to June 2020
Court finds used car financier Rent 2 Own Cars Australia acted illegally
ASIC commences civil penalty proceedings against current and former directors of Linchpin and Endeavour for alleged
NAB superannuation trustee companies to pay $57.5 million penalty for fees for no service breaches
Court rulings support ASIC’s position on notice compliance and legal privilege
ASIC commences civil penalty proceedings against Dixon Advisory for alleged conflicts
Aba joins law Council of Australia in expressing need for caution
Telstra, Optus, TPG and Dodo breach NBN service continuity rules
Cordelia International fined $13,320 for alleged unlawful importation of medical face masks
GenesisCare fined $12,600 for alleged unlawful importation of KN95 face masks in relation to COVID-19
ASIC commences proceedings against RI Advice Group Pty Ltd for alleged failure to have adequate cyber security
Non-compliance publication notice Big Li Ceiling Pty Ltd
ASIC commences civil penalty proceedings against StatePlus Super for charging fees for no service
ASIC commences civil penalty proceedings against BT Funds Management and Asgard Capital Management for charging
ASIC commences action against GoGetta Equipment Funding Pty Ltd for unlicensed consumer leasing
Court finds former Tennis Australia director Harold Mitchell breached his duties
ASIC sues Forex Capital Trading Pty Ltd for unconscionable conduct and conflicted remuneration
ASIC sues CBA and Colonial First State for payment of banned conflicted remuneration
Foreign Investment Reforms Will Protect Our Interests