BBSW

Financial planning

The claims against the bank had been dismissed but there is still a possibility the dismissal could be reversed....

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Financial planning

The Federal Court has ordered Westpac to pay a $3.3 million penalty for its involvement in setting the BBSW in 2010. ...

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Policy & Regulation

The Commonwealth Bank of Australia has entered an enforceable undertaking with the regulator for its participation in the setting of the Bank Bill Swap Rate. ...

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Policy & Regulation

The Federal Court has approved the Commonwealth Bank’s $25 million settlement with the Australian Securities and Investments Commission regarding the Bank Bill Swap Rate....

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Policy & Regulation

The Commonwealth Bank has hit back at one of the many organisations to level accusations against it in recent years, saying that it will fight the Australian Securities a...

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Funds management

ASIC is taking legal action against NAB for market manipulation, in relation to its involvement in setting the bank bill swap reference rate between 2010 and 2012....

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Policy & Regulation

ASIC has initiated court action against Westpac Banking Corporation over alleged manipulation of the bank bill swap rate....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 4 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

1 week 4 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

2 weeks 3 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks 1 day ago