Full Court Finding Supports First Nations’ and ASIC Allegations of...
Original media release from ASIC (29/02/2024). The Full Court has upheld ASIC’s appeal in its case against ACBF Funeral Plans Pty Ltd (ACBF) and Youpla Group Pty Ltd (Youpla), finding that funeral...
View ArticleSeeking CFA member to prepare joint consumer submissions to the Independent...
The Insurance Council of Australia (ICA) has appointed a Review Panel to conduct an independent review of the 2020 General Insurance Code of Practice. As part of this, the ICA is providing resourcing...
View ArticleASIC Steps Up Surveillance and Website Takedowns to Shut Down Scams
Original media release from ASIC (4/03/2024). New data has revealed nearly 3,500 investment scam websites have been knocked out by ASIC’s scam website takedown capability since it was launched in July...
View ArticleConsultation Opens for Standardizing Definitions and Standard Cover for...
Original media release from The Hon Stephen Jones MP, Assistant Treasurer and Minister for Financial Services (7/03/2024). Consultation available here. The Albanese Government is working to improve...
View ArticleIndustry Information Package Released in Preparation for the Financial...
Original media release by and for the Australian Securities and Investments Commission (14/03/2024). The Australian Securities and Investments Commission (ASIC) and the Australian Prudential...
View ArticleInquiry into Wholesale Investor and Wholesale Client Tests
On 20 March 2023, the Parliamentary Joint Committee on Corporations and Financial Services commenced an inquiry into the wholesale investor test for offers of securities (Section 708 of Chapter 6D of...
View ArticleCWES Statement on the Inquiry into Financial Abuse by the Parliamentary Joint...
The Centre for Women’s Economic Safety (CWES) welcomes the establishment of aParliamentary Inquiry into the effectiveness of financial services regulation in addressing financialabuse.The move follows...
View ArticleLife Insurance Annual Data and Compliance Report 2022-2023: The Fall and Rise...
Total breaches of Code obligations have increased for a third consecutive year according to the latest report released by the Life Insurance Code Compliance Committee (Life CCC). Despite the total...
View ArticleIndependent Code of Practice Review call for Written Submissions
The independent panel reviewing the 2020 General Insurance Code of Practice (Code) hasreleased the first of two consultation papers and is calling for written submissions from the public.The...
View ArticleFinancial Counselling Industry Fund Launches
More Australians will now have access to support from financial counsellors with the launch of the Financial Counselling Industry Fund (FCIF). The FCIF is the result of a collaboration between the...
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