‘Multiple red flags’: ASIC’s court case against Star executives shows the risks of complacency
Too often after corporate scandals, directors claim ignorance. The corporate regulator is arguing they should have asked more ...
The National Law Review10d
Australia: ASIC Prepares Guidance Following the Release of BNPL Regulations
On 5 February 2025, the Australian Government (via the Department of Treasury) released an exposure draft on the National ...
The Australian Financial Review11d
ASIC says Star’s former board was ‘blind to questions of probity’
Ruth Higgins, acting for the Australian Securities and Investments ... but should have stopped through due diligence. ASIC first launched proceedings against Star’s former directors, including ...
The Australian Financial Review10d
ASIC claims Star directors ‘merely ornaments’ in flood of warnings
The claim against Star’s then-chief casino officer, Greg Hawkins, was made by Ruth Higgins, SC, who is acting for the Australian Securities ... laundering at Star. ASIC alleges that Star ...
The Australian28d
ASIC chair Joe Longo readies regulator for fight over big super
“You can’t delegate away your fundamental responsibilities,” Mr Longo told The Weekend Australian. The ASIC chair noted super funds had been “extremely successful at accumulation of assets ...
Sydney Morning Herald16d
ASIC probes Australia’s largest super fund over death benefit payouts
The Australian Securities and Investments Commission ... Eamon Gallagher Contacted by this masthead on Wednesday for comment on the ASIC investigation, AustralianSuper’s chief member officer ...
The Australian28d
ASIC says a decision on action from its ANZ bond market probe due in the first half
The Australian this week revealed ANZ may face regulatory action against its retail bank as ASIC probes allegations interest was incorrectly accrued on thousands of accounts. The regulator is also ...
ETF Daily News11d
Metsera, Inc. Files Amended Certificate of Incorporation and Restated Bylaws
The Restated Certificate detailed several amendments to the company’s prior certificate, including fixing the authorized shares of common stock at 800,000,000 and authorizing 10,000,000 shares ...
Money Management12d
ASIC makes first AFSL cancellation of 2025
This is the first AFSL cancellation that ASIC has enacted since the start of the year. LRA Corporate saw its licence cancelled from 3 February 2025 as the corporate regulator became aware that the ...
Sydney Morning Herald10d
ASIC had raised ‘increasing concerns’ about Rex with the government
Hours after Rex went into administration on July 30, the Australian Securities and Investments Commission’s (ASIC) deputy chair, Sarah Court, told Chalmers and assistant treasurer Stephen Jones ...
Money Management29d
ASIC announces first adviser banning of 2025
ASIC has announced its first adviser banning of the year with the permanent ban of a Queensland-based former adviser that was sentenced to seven years’ imprisonment. The corporate regulator has made ...