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December 29, 2022
As the year 2022 draws to a close, we recap some of the biggest news stories of the year that impacted the mortgage industry. January ‘Open Finance’ named as next CDR priority The federal governm
September 12, 2022
The chief executive of the $200 billion fund manager IFM Investors warns of a collapse in superannuation savings of up to 40 per cent if there is no action on climate change.
August 30, 2022
The corporate watchdog has issued a call out to superannuation trustees. ASIC has called on superannuation trustees to improve the effectiveness of target market determinations (TMD) after a sample r
August 29, 2022
The corporate watchdog has issued a call out to superannuation trustees. ASIC has called on superannuation trustees to improve the effectiveness of target market determinations (TMD) after a sample r
August 2, 2022
The corporate regulator has issued stop orders against a commercial property investment firm for misrepresenting the performance risks of one of its funds, including marketing it as Covid proof.
July 31, 2022
The watchdog has powered its design and distribution obligations powers for the first time, placing interim stop orders on three financial firms. Passed into legislation in 2019 and coming into effec
July 29, 2022
Interim stop orders have been placed on three financial firms. On Thursday, ASIC announced it has placed interim stop orders on three financial firms due to deficiencies in the target market determi
July 29, 2022
Interim stop orders have been placed on three financial firms. On Thursday, ASIC announced it has placed interim stop orders on three financial firms due to deficiencies in the target market determi
July 28, 2022
The Australian Securities and Investments Commission has imposed its first design and distribution stop orders on three financial firms in response to deficiencies in the target market determination for their products.
July 28, 2022
<p><span>ASIC has placed interim stop orders on three financial firms in response to deficiencies in the target market determination (TMD) for their products. These actions are ASIC&rsquo;s first use of the stop order powers under the design and distribution obligations (DDOs), which took effect on 5 October 2021.</span></p>