Corporate regulators have called on the local bourse to put the “highest priority” on resolving the underlying issues that led to a settlement system failure in 2024.
Bond market specialist FIIG Securities has been sued by ASIC over alleged cybersecurity failures which enabled the theft of 385GB of data, which was then published on the dark web.
The trustee of Australia's largest superannuation fund has been hit with a $27 million fine for failing to merge multiple member accounts, resulting in duplicate fees.
The Australian Securities and Investments Commission has sued HSBC Bank Australia over what it described as “systemic and widespread” failures to protect customers from scams.
Life insurance provider HCF Life could be set for penalties after the Federal Court found its ‘recover' range of products was liable to mislead customers.
The Australian Securities and Investments Commission has revealed two new additions to its executive team, including former Perth-based lawyer Chris Savundra.
Macquarie Bank has received a record fine from ASIC after an investigation found the institution failed to prevent suspicious orders on the electricity futures market.
The corporate watchdog has begun “urgent civil proceedings” against a company director linked to two WA projects, amidst allegations of misuse of investor funds.
The corporate watchdog has permanently banned a former WA adviser from providing financial services after finding he engaged in dishonest conduct including faking exam results.
Our weekly appointments wrap includes Sidone Thomas, Alan Sefton, Andrew Stavrianou, Jennifer Smith, Simon Trott, Brandon Craig, Warren Day and Greg Yanco.
Australian Securities and Investments Commission is up for a leadership overhaul, including its chief executive Warren Day indicating his exit from the regulator.
ASIC chairman Joe Longo has called on company directors to comply with their duties, admitting the role was difficult amid developments in technology and ESG but not impossible.
Cottesloe analyst Cameron Waugh has pleaded guilty to insider trading in Genesis Minerals' shares while a string of other charges against him was dismissed.
The Federal Court has appointed receivers to Brite Advisors as the investigation into the $1 billion client funds managed by the advisory group continues.
Former Continental Coal director Peter Landau has been sentenced to more than five years in prison over several charges, including stealing as a director.
The confidential information of Australians could be at risk after a survey revealed many organisations had limited or no capability to adequately protect data.
Perth businessman Dean Scook is facing charges of stealing as an officer of a company after the corporate watchdog alleged he stole more than $675,000 of funds.
The corporate watchdog has issued fines totaling more than $700,000, within six months, against companies that failed to comply with financial reporting requirements.
A federal court judge has been left baffled over the limited information from the liquidators of Michael Dunjey's company assets, allegedly valued in the millions of dollars.
The financial services regulator alleges AustralianSuper charged members the same set of fees multiple times and failed to consolidate duplicate accounts.
The Federal Court has decided Frank Wilson did not breach his director's duties after finding ASIC could not prove its allegations against the Quintis Sandalwood founder.
A former director of a demolition company has been convicted in court, being disqualified from acting in the management of corporations for five years.
Australia's corporate regulator laid 125 criminal charges and 19 individuals have been disqualified or removed from directing companies in the first half of 2023.
The federal government has assembled a crack team of scam-busting experts to target investment swindles that cost Australians millions of dollars a year.
