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Showing 31 - 40 of 1368 results for "AFFECTED"

ASIC boasts $830m record civil penalties

KARREN VERGARA  |  MONDAY, 20 JUL 2026
... punishment. It is about detecting misconduct sooner, preventing harm where we can, and securing remediation for those affected."

Treasury expects regulators to do the heavy lifting

MATTHEW WAI  |  FRIDAY, 17 JUL 2026
... the "sound functioning" of the financial system, reminding both to consider the regulatory impact of its activities on affected industries, especially on small businesses and market entrants, "ensuring its actions are proportionate and promote the advancement ...

ASIC seeks to wind up Capital Guard AU

KARREN VERGARA  |  WEDNESDAY, 15 JUL 2026
... and preserve and recover assets where possible. ASIC's investigations counted 80 investors who are expected to be affected after finding that Capital Guard allegedly promoted bond investments that may not have existed or may not have been available ...

Government consults on discretionary trust tax

MATTHEW WAI  |  THURSDAY, 9 JUL 2026
... or not those powers are exercised." Notably, amounts already taxed in the hands of the trustees will generally not be affected by the tax, and if no beneficiary is made entitled to trust income, the highest marginal rate and the Medicare levy will also ...

Tribunal shortens financial adviser's five-year ban

KARREN VERGARA  |  WEDNESDAY, 1 JUL 2026
... house. It has since become the subject of regulatory stop orders, liquidity concerns, and ultimately a collapse that has affected thousands of Australian investors," he wrote. Michael Chapman, a director at Mackay Chapman and Henry's legal representative ...

Generation Life confirms personal information leaked in cyber incident

MATTHEW WAI  |  THURSDAY, 25 JUN 2026
... individuals whose personal information has been confirmed as impacted." It did not confirm the number of individuals affected. "This relates to a limited number of individuals. To protect the privacy of those individuals, and because we are communicating ...

APRA investigating Diversa's executive compensation

RIDDHIMA TALWANI  |  THURSDAY, 25 JUN 2026
... appropriately reflect risk and performance outcomes, particularly in circumstances where member outcomes may have been adversely affected." APRA said the investigation will not consider whether Diversa is responsible for member losses arising from the ...

Federal Court calls out ASIC for re-running case on appeal

RIDDHIMA TALWANI  |  MONDAY, 22 JUN 2026
... to seek to clarify how the unfair contract terms regime applies to contract terms in insurance contracts that may be affected by other statutory protections. It was also concerned that the same term that was found to be liable to mislead the public was ...

Start-ups, small businesses win CGT reform carveouts

KARREN VERGARA  |  FRIDAY, 19 JUN 2026
... minimum tax will apply. Chalmers expects more than 90% of Australia's 2.7 million active small businesses will not be affected in any given year. "Small businesses will be supported if they choose to restructure, primary production income (such as ...

HSBC Bank fined $35m in landmark scam-protection failures

KARREN VERGARA  |  FRIDAY, 19 JUN 2026
... and ordered HSBC to publish adverse publicity notices across its website, mobile app and in direct communications with affected customers. ASIC said the judgement "is one of the first of its kind globally and reinforces the core responsibility of banks ...