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5103 media releases found
29 October 2024 MEDIA RELEASE
24-238MR 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 ...

28 October 2024 MEDIA RELEASE
24-237MR 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 ...

25 October 2024 MEDIA RELEASE
24-236MR Federal Court appoints receivers to director of ALAMMC Developments

On 22 October 2024, the Federal Court made orders appointing Helen Newman and Andrew Fielding of BDO as receivers and managers of the property of ...

24 October 2024 MEDIA RELEASE
24-235MR ASIC cancels AFS licence of Next Generation Advice

On 18 October 2024, ASIC cancelled the Australian financial services (AFS) licence of Next Generation Advice Pty Ltd (in Liquidation) (Next Gen). ...

23 October 2024 MEDIA RELEASE
24-234MR ASIC alleges QBE misled customers over pricing discounts

ASIC has commenced court proceedings alleging QBE Insurance (Australia) Limited (QBE) misled customers about the value of discounts offered on ...

22 October 2024 MEDIA RELEASE
24-233MR ASIC cancels the Australian financial services and credit licences of Ultiqa Lifestyle Promotions Limited

ASIC has cancelled the Australian financial services (AFS) licence and Australian credit licence (credit licence) of Ultiqa Lifestyle Promotions ...

22 October 2024 MEDIA RELEASE
24-232MR ASIC annual report underscores transformation

ASIC’s program of transformation continued in 2023–24, according to the agency’s latest annual report. ASIC Chair Joe Longo said the report ...

22 October 2024 MEDIA RELEASE
24-231MR Ex CEO of crypto exchange Mine Digital charged with fraud

On 21 October 2024, the ex-CEO of ACCE Australia Pty Ltd (ACCE), Grant Colthup, appeared in the Magistrates Court at Ipswich charged with one count ...

21 October 2024 MEDIA RELEASE
24-230MR ASIC cancels Australian credit licence of Emmanuel Katsoulis and suspends Australian credit licence of Peter Wormington

ASIC has suspended Melbourne-based credit licensee Peter Wormington for a period of four months and cancelled the Australian credit licence of ...

18 October 2024 MEDIA RELEASE
24-229MR ASIC acts to protect small business - Q1 FY25 update

ASIC is committed to protecting the interests of small business and acting against directors who fail to properly manage their companies and assist ...

Last updated: 10/08/2024 11:23