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5106 media releases found
27 August 2019 MEDIA RELEASE
19-227MR ASIC action leads to Allianz refunding over $8 million in consumer credit insurance premiums and fees

Allianz Australia Insurance Limited (Allianz) will refund over $8 million in consumer credit insurance (CCI) premiums and fees including interest to ...

27 August 2019 MEDIA RELEASE
19-226MR ASIC bans Victorian mortgage broker and cancels credit licence of Advanced Choice Finance

ASIC has banned Mr Ding (Tim) Yang, the director of Advanced Choice Finance Pty Ltd (ACF), a Melbourne-based mortgage brokering company, from ...

26 August 2019 MEDIA RELEASE
19-225MR AAT reduces banning period for NSW mortgage broker

The Administrative Appeals Tribunal (Tribunal) has reduced the banning period for former mortgage broker, Michael Wilkins, from three years to 18 ...

26 August 2019 MEDIA RELEASE
19-224MR ASIC approves AFCA rule change enabling the naming of firms

ASIC has approved changes to the Australian Financial Complaints Authority (AFCA) Rules to allow the scheme to name financial firms in published ...

26 August 2019 MEDIA RELEASE
19-223MR Consumers see value in financial advice, but lack of trust remains an issue

New ASIC consumer research released today reveals the barriers faced by consumers when considering financial advice.  ASIC’s Report 627, Financial ...

23 August 2019 MEDIA RELEASE
19-222MR ASIC sues NAB for dealing with unlicensed home loan introducers: Royal Commission case study

ASIC has commenced proceedings in the Federal Court against National Australia Bank (NAB) for breaches of the law arising from failures with its ...

22 August 2019 MEDIA RELEASE
19-221MR InvoCare restates deferred tax balances

ASIC notes the decision by InvoCare Limited (InvoCare) to recognise a deferred tax asset of $16.6 million at 1 January 2018 in its financial report ...

22 August 2019 MEDIA RELEASE
19-220MR ASIC proposes ban on the sale of binary options to retail clients, and restrictions on the sale of CFDs

ASIC has released a consultation paper Product intervention: OTC binary options and CFDs (CP 322) on proposals to use its product intervention power ...

21 August 2019 MEDIA RELEASE
19-219MR ASIC bans Superfunded director for eight years

ASIC has banned Mr Max David Goldenberg from providing financial services and engaging in credit activities for a period of eight years. Mr ...

21 August 2019 MEDIA RELEASE
19-218MR ASIC to review industry transition towards ending grandfathered remuneration for financial advice

ASIC is investigating the progress of transition away from grandfathered conflicted remuneration arrangements for financial advisers. The ...

Last updated: 10/08/2024 11:23