regulator

Policy & Regulation

Australasia Wealth’s former director charged

Former director of Australasia Wealth Services and Management, James Feng, has been charged with authorising the making of a false or misleading statement to the Australi...

Policy & Regulation

ASIC proceedings set to be a ‘landmark’ case

If successful, it will be only the second win in Australia against a company for insider trading, but also has the potential to be another big loss in court for the corpo...

Policy & Regulation

Limitations on proposed regulator oversight authority not effective

To be effective, the Financial Regulator Oversight Authority needs to be allowed to assess particular actions, or group of actions, to properly assess the two financial r...

Policy & Regulation

ASIC will not ignore ‘lawful’ behaviour

The Australian Securities and Investments Commission has declared that just because behaviour is lawful does not make it an excuse where consumer detriment is concerned....

Policy & Regulation

Regulators failed to stop misconduct: Hayne

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has slammed the industry regulators for failing to sufficiently punish...

Funds management

ETPs good but could improve, says ASIC

The Australian Securities and Investments Commission has determined that while the exchange-traded products market is performing well, there’s room to improve. ...

Policy & Regulation

Give us competition powers says ASIC

The new chairman of the Australian Securities and Investments Commission has told a Parliamentary Committee the regulator needs competition powers to help it do its job....

Financial planning

ASIC points to insurer comparison site selling its owner’s products

The Australian Securities and Investments Commission has pointed to an insurance comparison web site which is owned by an insurer and actually sells that insurer’s prod...