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AAT varies ASIC’s ban of Sydney financial adviser

On 27 June 2024, the Administrative Appeals Tribunal (Tribunal) varied ASIC’s decision to ban Mr Christopher Betalli from providing financial services (21-358MR). On 1 May

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July 5, 2024

Court declares PayPal Australia used an unfair contract term

The Federal Court has declared a term used by PayPal Australia Pty Limited (PayPal) in its standard form contracts with small businesses to be unfair.

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July 5, 2024

ASIC proposes update to superannuation forecasts relief instrument

ASIC proposes to update the rate of nominal wage inflation in ASIC (Superannuation Calculators and Retirement Estimates) Instrument 2022/603 (Instrument 2022/603), and Regulatory Guide 276

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July 5, 2024

ASIC releases June 2024 financial adviser exam results

ASIC today released the exam results from the 25th Financial Advisers Exam cycle, held in June 2024. The exam, conducted by the Australian Council for

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July 5, 2024

ESMA reappoints three members to its Management Board

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has reappointed three current members to its Management Board. The appointments

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July 4, 2024

New MiCA rules increase transparency for retail investors

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has published the second Final Report under the Markets in Crypto-Assets

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July 4, 2024

Registration now open for 11th Joint ESAs Consumer Protection Day in Budapest

The registration for the 11th Joint Consumer Protection Day organised by the three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) on 3 October

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July 3, 2024

ASIC disqualifies former financial and insurance services industry director for five years

ASIC has disqualified former financial and insurance services industry director, Christian Oey, of Dural NSW, from managing corporations for the maximum period of five years

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July 3, 2024

AAT amends ASIC’s permanent ban made against Todd Karamian

The Administrative Appeals Tribunal (AAT) has varied ASIC’s decision to permanently ban Todd Karamian from providing financial services and carrying on a financial services business

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July 3, 2024

Australian equity market cleanliness a crucial ASIC priority

Supervising the integrity of Australia’s equity markets is one of ASIC’s most important functions. A clean market that is fair, orderly, and transparent is critical

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July 3, 2024
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