A recent successful appeal regarding liability in a long running case involving WealthSure has created clarity around about the potential extent of liability in cases of ...

ASIC has cancelled the licence of a CBA-owned advice group, the second in a month, following a request from the bank. ...

ASIC tells a Senate Committee that while Commonwealth Financial Planning has lived up to its enforceable undertaking requirements, further work is required on its breach ...

FOS will fast-track decisions, simplify processes and eliminate double-handling in dispute processes in response to its recent review. ...

FOS states failure of members to pay determinations is structural issue as millions remain to be paid to consumers....

Reports of misconduct among registered liquidators fell in 2013 despite ASIC casting a wider net in its reviews of the sector....

ASIC has outlined four key areas for regulatory improvement - including for a national exam, a wider register and greater banning powers....

ASIC claims it is constrained by limited resources and a priority to protect consumer investors after claims it has overlooked the actions of commercial lenders...

The Australian Banker’s Association (ABA) calls for regulatory expenses to be paid by those who are non-compliant and claims excessive regulations may not add to consumer...

ASIC will seek to ban management figures in financial planning firms that are involved in advice failures....