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FCA publishes response to British Steel Pension Scheme complaints

We’ve been investigating a number of complaints, under our complaints scheme, about our actions or inactions in relation to the British Steel Pension Scheme (BSPS).

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April 22, 2024

Former Victorian director charged with breaching his director duties and making false statements to ASIC

Benjamin Thomas Molloy of Point Cook, Victoria appeared at the Melbourne Magistrates Court charged with one count of breaching his duties as a director pursuant

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April 22, 2024

Henry Eng Chye Heng sentenced to 18 months’ imprisonment for misleading share trading

The founder of listed bottled water producer Eneco Refresh, Henry Eng Chye Heng, was sentenced to 18 months’ imprisonment for market manipulation and creating a

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April 22, 2024

ASIC cancels AFS licence of JB Markets

ASIC has cancelled the Australian Financial Services (AFS) licence of JB Markets Pty Ltd (JB Markets) effective from 12 April 2024, for failing to: comply

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April 22, 2024

Macquarie Bank to pay $10 million for failure to properly monitor system for third-party fee withdrawals from customer accounts

The Federal Court has ordered Macquarie Bank Ltd to pay a penalty of $10 million for failing to have effective controls to prevent and detect

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April 19, 2024

ASIC appeals Federal Court findings relating to unfair contract term in insurance contracts by Auto & General

ASIC has appealed the Federal Court’s decision to dismiss ASIC’s proceedings against Auto & General Insurance Company Limited (Auto & General) regarding an alleged unfair

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April 19, 2024

ESAs consult on technical standards for joint examination teams under DORA

The European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) launched today a public consultation on the draft Regulatory Technical Standards (RTS) on the conduct

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April 18, 2024

ASIC disqualifies QLD construction director for 5 years

ASIC has disqualified Miroslav Jack Samardzija of Wamuran, Queensland from managing corporations for the maximum period of 5 years due to his dishonest conduct and

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April 18, 2024

ASIC insolvency data shows increase in companies failing

ASIC’s latest insolvency data for the nine-month period from 1 July 2023 to 31 March 2024, released today, shows an increase in the number of

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April 18, 2024

Adam Blumenthal ordered to pay $850,000 and disqualified for five years for  market rigging and directors’ duties breaches

The Federal Court has ordered Adam Blumenthal, former director of EverBlu Capital Pty Ltd (EverBlu) and Creso Pharma Limited (now known as Melodiol Global Health

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April 17, 2024
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