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BBSW
Financial planning
The claims against the bank had been dismissed but there is still a possibility the dismissal could be reversed....
Financial planning
The Federal Court has ordered Westpac to pay a $3.3 million penalty for its involvement in setting the BBSW in 2010. ...
Policy & Regulation
The Commonwealth Bank of Australia has entered an enforceable undertaking with the regulator for its participation in the setting of the Bank Bill Swap Rate. ...
Policy & Regulation
The Federal Court has approved the Commonwealth Bank’s $25 million settlement with the Australian Securities and Investments Commission regarding the Bank Bill Swap Rate....
Policy & Regulation
The Commonwealth Bank has hit back at one of the many organisations to level accusations against it in recent years, saying that it will fight the Australian Securities a...
Funds management
ASIC is taking legal action against NAB for market manipulation, in relation to its involvement in setting the bank bill swap reference rate between 2010 and 2012....
Policy & Regulation
ASIC has initiated court action against Westpac Banking Corporation over alleged manipulation of the bank bill swap rate....
MARKET INSIGHTS
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Podcast
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...
Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...
How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...