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5181 media releases found
4 September 2018 MEDIA RELEASE
18-255MR Westpac admits to breaching responsible lending obligations when providing home loans and a $35 million civil penalty

Westpac has admitted breaching its responsible lending obligations when providing home loans and agreed to submit to a $35 million civil penalty to ...

4 September 2018 MEDIA RELEASE
18-254MR ½ñÈÕÈÈÃÅʼþupdates guidance for trustees of wholesale equity schemes

ASIC has released Regulatory Guide 192 Licensing: Wholesale equity schemes (RG 192) following public consultation.  The updates to the guidance ...

31 August 2018 MEDIA RELEASE
18-253MR ULTIQA Lifestyle timeshare lender fined for responsible lending failures

½ñÈÕÈÈÃÅʼþhas accepted a court enforceable undertaking and fined timeshare lender Future Holiday Finance Pty Ltd (FHF) for responsible lending failures. ...

31 August 2018 MEDIA RELEASE
18-252MR ½ñÈÕÈÈÃÅʼþacts against used car financier Rent 2 Own Cars Australia and its directors

½ñÈÕÈÈÃÅʼþhas commenced proceedings in the Federal Court of Australia in Brisbane against Rent 2 Own Cars Australia Pty Ltd (R2O Cars), Timothy Roberts ...

31 August 2018 MEDIA RELEASE
18-251MR ½ñÈÕÈÈÃÅʼþreports on corporate finance regulation – January to June 2018

½ñÈÕÈÈÃÅʼþhas published its ninth report on the regulation of corporate finance issues over January to June 2018 and provided an update on specific focus ...

30 August 2018 MEDIA RELEASE
18-250MR ASIC’s review of direct life insurance finds high cancellation rates and poor claims outcomes

ASIC’s review of direct life insurance sales has found that sales practices and product design are leading to poor consumer outcomes. ASIC's Report ...

29 August 2018 MEDIA RELEASE
18-249MR ½ñÈÕÈÈÃÅʼþaccepts court enforceable undertaking from Brisbane liquidator

½ñÈÕÈÈÃÅʼþhas accepted a court enforceable undertaking (CEU) from Brisbane-based registered liquidator, Mr Peter Dinoris, of Artemis Insolvency. The CEU ...

28 August 2018 MEDIA RELEASE
18-248MR ½ñÈÕÈÈÃÅʼþpublishes a review of reverse mortgage lending

A review by ½ñÈÕÈÈÃÅʼþhas found that reverse mortgages are allowing older Australians to achieve their immediate financial goals – improving their ...

27 August 2018 MEDIA RELEASE
18-247MR ½ñÈÕÈÈÃÅʼþrequires Morgan Stanley Wealth Management Australia to amend false claim of independence

½ñÈÕÈÈÃÅʼþhas required Morgan Stanley Wealth Management Australia Pty Ltd (MSWMA) to amend a false claim of independence that could mislead consumers and ...

24 August 2018 MEDIA RELEASE
18-246MR Two former company directors convicted for engaging in illegal phoenix activity

Allan Raad of Wentworthville, NSW and his brother-in-law Yousef Joseph Bazouni of Sandringham, NSW, have been convicted and sentenced in the Downing ...

Last updated: 10/08/2024 11:23