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ASIC sues Oak Capital alleging unconscionable conduct designed to avoid the National Credit Code

ASIC has commenced proceedings against Oak Capital (Oak Capital Mortgage Fund Ltd and Oak Capital Wholesale Fund Pty Ltd) for allegedly engaging in unconscionable conduct

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October 30, 2024

ASIC disqualifies NSW director for five years

ASIC has disqualified Constandinos Ganatzos, of Brighton-Le-Sands, NSW, from managing corporations for the maximum period of five years due to his involvement in the failure

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October 30, 2024

ASIC suspends three high volume SMSF auditors connected to a SMSF administration provider

ASIC has suspended the registration of three self-managed superannuation fund (SMSF) auditors for one year. ASIC determined auditors Wuzhao Fang, Huiting Li, and Xuan Wu

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October 30, 2024

ASIC releases FY 2023–24 financial reporting and audit report and launches auditor independence surveillance

ASIC has today released findings from its financial reporting and audit surveillance for the 12 months to 30 June 2024, and announced a proactive surveillance

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October 30, 2024

ASIC Annual Forum program announced, limited registrations remain

ASIC has released the full program for the ASIC Annual Forum and dinner to be held on 14–15 November 2024 in Sydney. The event brings together

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October 29, 2024

ASIC Annual Forum program announced, limited registrations remain

ASIC has released the full program for the ASIC Annual Forum and dinner to be held on 14–15 November 2024 in Sydney. The event brings together

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October 29, 2024

ASIC warns governance gap could emerge in first report on AI adoption by licensees

ASIC is urging financial services and credit licensees to ensure their governance practices keep pace with their accelerating adoption of artificial intelligence (AI). The call

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October 29, 2024

The ESAs finalise rules to facilitate access to financial and sustainability information on the ESAP

The three European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) today published the Final Report on the draft implementing technical standards (ITS) regarding

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October 29, 2024

Rising to the occasion on private markets

During the pandemic, everybody became a home baker. You were either team banana bread or team sourdough. I went for the former. Now bread-making is

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October 29, 2024

Federal Court finds HCF Life contract term was liable to mislead the public

The Federal Court has found that a ‘pre-existing condition’ term in certain HCF Life Insurance Company Pty Ltd (HCF Life) policies was liable to mislead

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October 28, 2024
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