ASIC has cancelled or suspended eight Australian credit licences between 1 July 2020 to 31 December 2020 for failing to be a member of the Australian ...

ASIC has commenced civil penalty proceedings in the Federal Court against Westpac Banking Corporation (Westpac), alleging it mis-sold consumer credit ...

ASIC has commenced civil penalty proceedings in the Federal Court against Membo Finance Pty Ltd (Membo) and its sole credit representative Richmond ...

ASIC has cancelled the Australian credit licence of Urban Commercial Group Pty Ltd (Urban Commercial Group). Urban Commercial Group, which is now ...

Mr Henan Gao of Ryde, New South Wales, the director of Shinning Crown International Pty Ltd (SCI), has pleaded guilty to one count of failing to take ...

ASIC today published the final 2019-20 Cost Recovery Implementation Statement (CRIS). The CRIS provides regulated entities with details of ASIC’s ...

The Federal Court has made declarations that the Commonwealth Bank of Australia (CBA) made false or misleading representations and engaged in ...

ASIC has cancelled the Australian Credit Licence of Melbourne-based Australian Golden Securities Pty Ltd (Australian Golden Securities) (formerly AFS ...

ASIC has approved variations to the Banking Code of Practice (Code). The variations, as proposed by the Australian Banking Association (ABA), do the ...

ASIC today released a new regulatory guide on the product design and distribution obligations (RG 274), following extensive consultation. The design ...