Corporate regulator ASIC has sued insurer RACQ for sending more than 500,000 renewal notices that it claims were false and misleading. The period cited in the lawsuit runs from September 2019 to ...
The corporate regulator has withdrawn restrictions on two of the three La Trobe Financial products it placed stop orders on last week, a move that set off alarm bells in the private credit sector and ...
Launching civil penalty proceedings in the Supreme Court of NSW late on Thursday, the Australian Securities and Investments Commission alleged Fiducian breached its duties as a responsible entity of ...
The corporate regulator is suing the Royal Automobile Club of Queensland for allegedly misstating premiums on hundreds of thousands of insurance renewal notices to make the price rises for the next ...
ASIC claims RACQ sent misleading renewal notices to more than 570,000 customers, allegedly hiding premium hikes as high as 40 per cent during a cost-of-living crisis. The Australian Securities and ...
ASIC has shelved plans to “name and shame” AFSLs over their reportable situations following negative feedback from industry stakeholders, but will maintain it for the internal dispute resolution (IDR) ...
ASIC is taking a fund manager to court, saying its mining company investments breached its ESG obligations. The corporate regulator said a fund manager did not fulfil its ESG obligations. This was ...
The Australian Securities & Investments Commission identified concerning conduct, including several funds in breach of the law and financial controls, according to the report prepared by former CBA ...
SINGAPORE: From bland gymnasium footwear to established brands like Asics and Adidas, the Singapore Armed Forces (SAF) has come a long way in selecting physical training (PT) shoes for its servicemen.
The Australian Securities and Investments Commission last week placed stop orders on three financial products offered by La Trobe Financial – a sponsor of Sky News Australia. Its 12-month and two-year ...
ASIC alleges RACQ fooled thousands of customers through misleading price comparison for more than five years, by making it appear as though it was a small jump in premiums. The corporate watchdog said ...