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High Court approves plan to return WealthTek client assets and money

On 23 July 2024, Mr Justice Rajah in the High Court of Justice approved the Joint Special Administrators’ (JSAs) plan for returning client money and

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July 25, 2024

New financial reporting and audit obligations for superannuation funds commence

On 1 July 2023, the Treasury Laws Amendment (2022 Measures No. 4) Act 2023 came into force, extending the financial reporting and auditing obligations under

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July 25, 2024

EuropeFX director Pedro Sasso banned for five years

Pedro Eduardo Sasso, the director of Maxi EFX Global AU Pty Ltd (EuropeFX), has been banned by ASIC from being a director of or controlling

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July 25, 2024

ASIC suspends Australian credit licence of John Adicho

ASIC has suspended Melbourne-based credit licensee John Adicho from engaging in credit assistance activities for a period of six months until 18 December 2024. Mr

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July 25, 2024

Annual ASIC insolvency data reveals increase in companies failing

ASIC’s annual insolvency data shows more than 11,000 companies entered external administration for the first time in 2023-24. While this is slightly higher than prior

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July 25, 2024

ASIC sues COFCO International Australia Pty Ltd and COFCO Resources SA for futures market manipulation

ASIC has launched civil penalty proceedings in the Federal Court against COFCO International Australia Pty Ltd and COFCO Resources SA alleging the companies manipulated the

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July 25, 2024

Over £100m in redress offered to former British Steel pension scheme members

£106m in redress has now been offered to 1,870 former British Steel Pension Scheme (BSPS) members to put them back in the position they would

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July 24, 2024

FCA confirms plan to protect access to cash for consumers and small businesses

Banks and building societies will need to weigh up if local communities lack access to cash services, like branches and ATMs, and plug significant gaps,

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July 24, 2024

Australians can be confident in the integrity of our equity markets: ASIC report

ASIC’s latest market cleanliness report has shown Australia’s equity markets continue to operate with a high level of integrity and remain consistently among the cleanest

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July 24, 2024

ESMA sets out its long-term vision on the functioning of the Sustainable Finance Framework

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published an Opinion on the Sustainable Finance Regulatory Framework,

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July 24, 2024
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