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Janet Cameron convicted and fined in Hobart Magistrates Court

Former director of Bellamy’s Australia Ltd Janet Heather Cameron, of Bicheno, Tasmania, has today been convicted and ordered to pay a total fine of $8,000

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March 28, 2024

ASIC wins first greenwashing civil penalty action against Vanguard

The Federal Court has found Vanguard Investments Australia contravened the law by making misleading claims about certain environmental, social and governance (ESG) exclusionary screens applied

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March 28, 2024

ASIC cancels AFS Licence of Crown Wealth Group

ASIC has cancelled the Australian financial services licence of Crown Wealth Group Pty Ltd (Crown Wealth) after it was placed into voluntary administration. On 13

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March 28, 2024

ESMA provides market participants with guidance on the clearing obligation for trading with 3rd country Pension Schemes

The European Securities and Markets Authority (ESMA), as the EU’s financial markets regulator and supervisor, today issued a public statement on deprioritising supervisory actions linked

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March 27, 2024

ESMA clarifies application of certain MIFIR provisions, including volume cap

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today published a statement, including practical guidance supporting the transition and

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March 27, 2024

FCA finds concerns over insurers’ valuation of written-off or stolen vehicles

The Financial Conduct Authority (FCA) has identified shortcomings in how some motor insurance firms are valuing written-off or stolen vehicles. An FCA review has found

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March 27, 2024

ASIC extends and amends parent entity financial statement and auditor independence instruments

ASIC has extended the operation of the parent entity financial reporting and auditor independence legislative instruments. ASIC Corporations (Parent Entity Financial Statements) Instrument 2021/195 and

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March 27, 2024

Cameron Waugh sentenced to two years imprisonment for insider trading

Former corporate adviser Cameron Kerr Waugh has been sentenced to two years imprisonment from 25 March 2024, with release after nine months, upon entry into

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March 27, 2024

ASIC remakes five ‘sunsetting’ class orders for managed funds

ASIC has remade five class orders for managed funds that are due to expire (‘sunset’) on 1 April 2024. These class orders are: [CO 13/1200]

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March 27, 2024

FCA warns firms and finfluencers to keep their social media ads lawful

Guidance for memes, reels and gaming streams promoting financial services has been published by the FCA today. The FCA has set out how adverts across

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March 26, 2024
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