... Commissioner Kenneth Hayne recommended a new regulatory body to oversee the Australian Securities and Investments Commission (ASIC) and Australian Prudential Regulation Authority (APRA). Commissioner Hayne presented the near-1000 page report to Treasurer ...
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From January 1 this year, the Australian Securities and Investments Commission (ASIC) introduced new regulations designed to help stop Australians from getting stuck with problematic credit card debt. ASIC found that out of more than 10 million Australians ...
... the eleventh hour. The Commission also wants APRA to be empowered to prevent mergers that are not in the best interest and ASIC to pursue action against trustee directors for misconduct in relation to mergers.
... up there is a strong likelihood they'll stay with the same bank for life. This long-term loyalty has been a factor behind ASIC's decision to review primary school banking programs. It's also a reminder to parents and carers to choose children's bank ...
... risks, investment and industry overviews and much more. It is then the Australian Securities and Investments Commission's (ASIC) responsibility to review the prospectuses to assess whether it is legal. ASIC states that it doesn't endorse, approve or ...
... firm, Maurice Blackburn, is running a class action against AMP for charging fees for no service and misleading the regulator, ASIC, about its actions. Another case is for Commonwealth Bank shareholders who suffered losses when the share price fell following ...
... good news is that in most cases you won't be liable for unauthorised transactions and will probably get your money back. ASIC's MoneySmart website says you won't get your money back if you acted fraudulently; didn't keep your PIN or password secret ...
With Halloween upon us, it's the perfect time to think about the money matters that spook us the most. We all know good financial management is important but it can also be scary to face your finances, especially if you find it daunting and complex. ...
... to take on more debt. Running a business While you're bankrupt, you're generally unable to be the director of an ASIC-listed company and any shareholdings in companies you own will also become assets of your bankrupt estate. You may have options ...
... interest, is quite an incentive to the dealer. It can mean very high financing costs for the borrower. Last year the regulator ASIC formally banned flex commissions. Effective from November 2018, lenders, not car dealers, will have responsibility for ...
