NAB has responded to ASIC concerns about the bank’s distribution of unsolicited American Express cards to NAB Qantas Gold customers....

ASIC has defined the number of clients lost by financial planners last financial year....

ASIC has granted transitional relief that will allow class action against groups including Great Southern to continue without disruption until at least the middle of next...

The Australian Securities and Investments Commission has launched civil action against the directors and companies involved in the collapse of the MFS group of companies....

Litigation funders may rethink their class action opportunities against fund managers if they are required to register multi-party action as managed investment schemes....

As corporate and scheme failures continue the merits of engaging an independent responsible entity to avoid both actual and perceived conflicts is being revisited....

Professional Investment Services has been ordered to pay $5.9 million to Westpoint investors....

Melbourne man convicted and sentenced to 150 hours unpaid community work following ASIC charges....

Broker falsified loan applications for premium insurance funding....

The tightening of the professional indemnity insurance market has led the corporate regulator to amend its requirements of Australian Financial Services Licensees....

Mutual recognition arrangements between Australia and New Zealand on securities offerings have saved up to 95 per cent in costs....

Super funds rejecting intra-fund advice relief and turning to the associated Regulatory Guide to develop advice offerings....

Proposals to increase online disclosure risks details being obscured by complexity of websites....

Titanium has been in negotiations with Astarra and a number of other trustees to select a responsible entity for its fund but has not moved past the "preliminary negotiat...