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Regulation

regulation

20 November 2020 • By Sarah Simpkins • 1 min read

ASIC places stop order on Skyring fund advertisements

ASIC has clamped down on advertisements for the Skyring Fixed Income Fund, imposing a stop order.  The stop order prohibits the fund’s responsible ...

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Financial providers warned after men charged for money-laundering

AUSTRAC and NSW Police have issued a warning to financial providers, following charges laid for two men as part of ongoing investigations into an ...

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ASIC on the back foot and out in the cold

ASIC acting chair Karen Chester has promised a “new better” for the regulator and is looking for a clean break with chair James Shipton

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ASIC expenses scandal reveals trust, structural issues

The recent expenses fallout has raised questions around ASIC’s governance, with the acting chair pointing to problems around the organisation’s ...

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Shipton payments ‘should have rung alarm bells’

Massive lapses in governance and judgement forced auditor-general Grant Hehir to refer the matter of ASIC chair James Shipton’s remuneration to ...

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Regulators are hurting the recovery: Frydenberg

Regulators are a speed bump to recovery and need to follow the will of Parliament and the people, Treasurer Josh Frydenberg says. Mr Frydenberg has ...

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ASIC withheld Shipton documents

The Australian National Audit Office (ANAO) has said that it didn’t get traction on its investigation and that some documents were only provided after ...

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Crypto spruiker charged

A former promoter for collapsed cryptocurrency platform BitConnect Australia has been charged following an ASIC investigation.  John Louis Anthony ...

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RBA couldn’t resist ‘gravitational pull’: Lowe

RBA governor Philip Lowe said the RBA has been forced to move in lockstep with other central banks and that more risk-taking is vital to getting the ...

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ASIC sounds concerns on buy now, pay later vendors

The buy now, pay later segment has almost doubled the amount of credit it extended in the 2018-19 financial year, but ASIC has raised concerns around ...

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