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TenetConnect Limited (TCL) and TenetConnect Services Limited (TCSL) enter administration

On 5 June 2024, the directors of TCL and TCSL placed the firms into administration. Ed Boyle and Robert Spence from Interpath Advisory (Interpath) were

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June 5, 2024

International regulatory developments affecting investment management

Introduction UK asset management – the second largest asset management centre in the world, responsible for £11 trillion of mainstream assets, roughly half of which

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June 5, 2024

Court finds Active Super made misleading ESG claims in a greenwashing action brought by ASIC

The Federal Court has found LGSS Pty Limited, as trustee of the superannuation fund Active Super (Active Super), contravened the law in connection with various

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June 5, 2024

ASIC issues DDO stop order against Australian Unity Funds Management

ASIC has made an interim stop order preventing Australian Unity Funds Management Ltd (Australian Unity) from issuing or distributing interests in the Australian Unity Select

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June 5, 2024

ESAs call for enhanced supervision and improved market practice on sustainability-related claims

The European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) today published their Final Reports on Greenwashing in the financial sector. See ESMA, EBA, and

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June 4, 2024

Court relieves Block Earner from liability to pay a penalty for offering unlicensed crypto-related product ‘Earner’

The Federal Court has relieved Block Earner from liability to pay a penalty for contraventions related to unlicensed financial services when it offered its crypto-related

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June 4, 2024

Senate Economics Legislation Committee, 2024-2025 Budget Estimates

Check against delivery Thank you for the opportunity to appear here today at Senate Budget Estimates. I am joined today by Deputy Chair Sarah Court

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June 4, 2024

5 million+ Australians have struggled to make loan and debt repayments, yet many not asking for help

New research shows many Australians in financial hardship are not asking their lenders for help. Australians are being urged to directly seek financial hardship assistance

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June 3, 2024

The EBA and ESMA invite comments on the review of the investment firms prudential framework

The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) published today a discussion paper on the potential review of the investment

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June 3, 2024

ESAs publish templates and tools for voluntary dry run exercise to support the DORA implementation

The European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) today published templates, technical documents and tools for the dry run exercise on the

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May 31, 2024
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