LITIGATION

Policy & Regulation

The bill will allow courts to be empowered to approve or vary the method for distributing claim proceeds to non-members of the scheme....

Financial planning

The corporate watchdog has confirmed it will use 80% of its funding towards enforcement, supervision, and surveillance activities for financial year 2021-22....

Financial planning

Civil penalties totalled $159.8 million during the second half of 2020 for the corporate regulator including seven Royal Commission investigations that totalled $77.65 mi...

Policy & Regulation

The Australian Securities and Investments Commission is the regulator expected to oversee the Government’s proposed new litigation funding regime but received barely 24 h...

Funds management

The Government’s proposed changes to class action and litigation funding may see lawyers subject to some of the same obligations as financial advisers, according to the A...

Policy & Regulation

The Australian Securities and Investments Commission has avoided declaring a targeted success rate for its ‘if not, why not’ approach to litigation and has foreshadowed t...

Funds management

Litigation funding firm, IMF Bentham has recorded a portfolio value increase of 68 per cent as Royal Commission boosts legal service demand....

Features

As the Australian Securities and Investments Commission shifts to a ‘why not litigate’ approach to pursuing breaches of financial services and corporate law, Hannah Woott...

Editorial

The Australian Securities and Investments Commission has done much post-Royal Commission chest-beating about pursuing litigation but it needs to translate that tough talk...

Policy & Regulation

The Australian Securities and Investments Commission has clarified the circumstances in which it is likely to litigate financial services breaches....

Funds management

The litigation funding market is set to double in the next five years due to rising global demand for class actions. ...

Funds management

Perpetual will pay $5 million to cover Brickworks and Washington H. Soul Pattinson litigations costs....

Financial planning

Centrepoint Alliance has found itself in litigation in the Singapore High Court with Aviva Asia over a 2012 transaction....

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 3 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 3 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 4 weeks ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

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ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

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ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

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