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Showing 41 - 50 of 232 results for "Australian Competition"

Aon, Willis Towers Watson terminate merger

ELIZABETH MCARTHUR  |  TUESDAY, 27 JUL 2021
... Shareholders of both approved the merger in August 2020, as did the European Commission. However, locally, the Australian Competition and Consumer Commission said in February that it believed the merger would diminish competition. More information about ...

ASIC looks to tighten crypto ETP oversight

JAMIE WILLIAMSON  |  WEDNESDAY, 30 JUN 2021
... proposition to more traditional investments," ASIC said. The consultation, which closes on July 27, comes as Australian Competition and Consumers Commission data shows a rise in crypto scams. For the first five months of this year almost $27 million ...

Aussies lose $328m to investment scams

KARREN VERGARA  |  MONDAY, 7 JUN 2021
... fleeced Australians $328 million and accounted for the largest scams in 2020. This is according to the Australian Competition & Consumer Commission's (ACCC) latest report Targeting Scams, which unveiled a recording-breaking amount of $851 million ...

ACCC merger reforms may impact super industry

ELIZA BAVIN  |  FRIDAY, 26 FEB 2021
... sector in its sights as it becomes increasingly concerned about lack of competition in financial services. Australian Competition and Consumer Commission (ACCC) chair Rod Sims said merger reforms will be a key focus for the consumer watchdog this year ...

ACCC gives IOOF go ahead

ANNABELLE DICKSON  |  TUESDAY, 15 DEC 2020
The Australian Competition and Consumer Commission (ACCC) has given its blessing for IOOF to acquire MLC Wealth as the combined firm will face competition in all aspects of wealth management. The consumer watchdog said it does not oppose IOOF's $1.4 ...

ACCC amends consumer data right rules

ALLY SELBY  |  FRIDAY, 2 OCT 2020
The Australian Competition and Consumer Commission (ACCC) amended the consumer data right rules to allow intermediaries to collect data on behalf of third party recipients. The changes will allow accredited businesses to obtain consumer data with their ...

APRA, ACCC sign new MoU

ALLY SELBY  |  TUESDAY, 15 SEP 2020
The Australian Prudential Regulation Authority and the Australian Competition and Consumer Commission have signed an updated memorandum of understanding in a bid to increase information sharing, coordination, and cooperation between the two regulators. ...

Facebook, Google face crypto class action

ANNABELLE DICKSON  |  WEDNESDAY, 26 AUG 2020
... dollars of damage. In addition, the class action alleges the companies breached three provisions of the Australian Competition and Consumer Law including giving effect to a cartel provision in a contract, arrangement or understanding, concerted practice ...

ACCC flags dangers of ERS

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 AUG 2020
The Australian Competition and Consumer Commission (ACCC) has told Financial Standard that the nature of superannuation scams is shifting, having seen a 55% increase in cases of identity theft. The ACCC's national scam awareness week this year is focussed ...

Cyber criminals jump on ERS

ELIZA BAVIN  |  TUESDAY, 4 AUG 2020
... government announced the Early Release of Superannuation (ERS) and JobKeeper schemes, according to the Australian Competition & Consumer Commission. ACCC chair Rod Simms told the joint committee on COVID-19 criminal activity and law enforcement that ...