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ASIC receives new powers under financial market infrastructure reforms

ASIC welcomes the new Australian financial market infrastructure (FMI) laws, which introduce new powers essential to ensuring a stable and efficient Australian financial system. Financial

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September 19, 2024

Reforms to financial services retail-disclosure requirements

The Government and FCA announce plans to reform UK retail disclosure rules and will temporarily exempt investment trusts from assimilated EU law requirements. The Government

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September 19, 2024

Statement on forbearance in relation to investment trust disclosure requirements

This statement sets out our forbearance given the Government’s intention to exclude some investment trusts from the PRIIPs Regulation and other assimilated law. The Government

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September 19, 2024

Catalysing productivity and growth: A change in mindset on financial inclusion

It’s great to be here for my second time at StepChangeLink is external. Thank you Vikki for inviting me and for all you and your

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September 19, 2024

ASIC urges businesses to prepare for mandatory climate reporting

From 1 January 2025, many large Australian businesses and financial institutions will need to prepare annual sustainability reports containing mandatory climate-related financial disclosures, following the

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September 18, 2024

ASIC’s proceedings against Rest alleging misleading member representations are dismissed

The Federal Court has dismissed ASIC’s case against superannuation trustee, Retail Employees Superannuation Pty Ltd (Rest), for allegedly making misleading representations about limitations on members’

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September 18, 2024

FCA publishes update on cash savings market and fair value

We have published an update on the actions we have taken since our July 2023 cash savings market review, and the work we have done

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September 18, 2024

New FCA rules to protect access to cash already having an impact

New rules from the FCA to protect access to cash have come into force and are already having a positive impact in local communities. Since

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September 18, 2024

Promethean Finance Limited tribunal decision

On 5 August 2024, the Upper Tribunal published its decisionLink is external regarding a reference made by Promethean Finance Limited in respect of a Supervisory

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September 17, 2024

Frameworks for effective fraud prevention measures

Introduction Stephen Bush, a columnist for the Financial Times, recently wrote about the reason we have a visceral reaction to being defrauded. It also doubled

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September 17, 2024
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