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 ...

ASIC has today released a consultation paper on proposed updates to Regulatory Guide 256: Client review and remediation conducted by advice ...

Mr Guodong Liu, a mortgage broker and director of Wealth Investment Milestone Pty Ltd (WIM) and Aus Mortgage Pty Ltd (AUS), from Rhodes, New South ...

ASIC has today commenced civil penalty proceedings in the Federal Court against the Commonwealth Bank of Australia (CBA) for charging a rate of ...

ASIC today released a consultation paper seeking feedback on a new reference checking and information sharing protocol for financial advisers and ...

ASIC has published a new report on the buy now pay later industry which has grown substantially since ASIC’s initial review. The total amount of ...

ASIC is seeking further feedback on its proposed use of its product intervention powers to address significant detriment in relation to continuing ...

The Federal Court has ordered the Commonwealth Bank of Australia (CBA) to pay a $150,000 penalty after the Court found the bank breached the ...

ASIC has banned Bonnyrigg Heights mortgage broker Nee Tanner from engaging in credit activities for five years. ASIC has also cancelled the credit ...