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YFYS on its way to Senate

KANIKA SOOD  |  FRIDAY, 4 JUN 2021
The House of Representatives passed hotly-debated Your Future, Your Super bill last night, with Labor getting away with just one of the amendments on its wish list.

ASIC increases short selling surveillance

KARREN VERGARA  |  THURSDAY, 3 JUN 2021
ASIC is putting short sellers on notice, warning them that any information released on a target company must be accurate and objective.

Forex CT cops $20 million fine

ANNABELLE DICKSON  |  WEDNESDAY, 2 JUN 2021
The Federal Court has handed down a $20 million penalty to Forex Capital Trading for engaging in a system of unconscionable conduct, including the use of high-pressure sales tactics, conflicted remuneration and failing to act in the best interests of ...

Class action consultation opens

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
Following industry backlash last year, the government is consulting on the recommendations for litigation funding and class actions.

ATO cracks down on crypto

ANNABELLE DICKSON  |  MONDAY, 31 MAY 2021
The Australian Taxation Office is cracking down on cryptocurrency investors to report capital gains and losses in their tax returns after fears investors may think they are tax-free.

Criminal charges filed against ME Bank

JAMIE WILLIAMSON, KANIKA SOOD  |  THURSDAY, 27 MAY 2021
The Commonwealth Director of Public Prosecutions is pursuing criminal charges against ME Bank following an ASIC investigation.

AMP sued for charging dead clients

JAMIE WILLIAMSON  |  THURSDAY, 27 MAY 2021
ASIC has taken Federal Court action against AMP for allegedly charging more than 2000 deceased clients insurance premiums and financial advice fees after being notified of their death.

UBS, Nomura cop fines over bond cartel

KANIKA SOOD  |  TUESDAY, 25 MAY 2021
UBS, Nomura and UniCredit were fined a total of $585 million by the European Commission for cartel conduct in government bond trading during the GFC.

ASIC cancels AFSLs

ANNABELLE DICKSON  |  TUESDAY, 25 MAY 2021
The corporate regulator has cancelled the Australian financial services licences (AFSL) of two providers for failing to lodge audited financial accounts and failing to maintain an AFCA membership.

Former van Eyk chief charged

JAMIE WILLIAMSON  |  FRIDAY, 21 MAY 2021
The former chief executive of failed van Eyk Research has been charged with four counts of dishonestly using his position within the firm for personal advantage.