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Sep 4, 2024 | 
lexology.com | Sinead Lynch |Caroline Ord |Matthew Bode |Kelly Griffiths |Michael Kenny |Daniel Maroske | +14 more
This edition of the Gadens Regulatory Recap highlights recent developments from ASIC, APRA, ACCC, OAIC, Treasury, and the Federal Parliament including various enforcement actions taken by the regulators. ASIC ASIC continues extensive action against greenwashingASIC has made 47 regulatory interventions in relation to greenwashing misconduct, including commencing two Federal Court proceedings and issuing over $123,000 in infringement notices.
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Aug 21, 2024 | 
lexology.com | Matthew Bode |Kelly Griffiths |Michael Kenny |Sinead Lynch |Daniel Maroske |Kate Mills | +9 more
This edition of the Gadens Regulatory Recap highlights recent developments from ASIC, APRA, OAIC, ACCC, and Treasury including various enforcement actions taken by the regulators. ASIC Financial advice update: The Financial Advice Update, published by ASIC on 9 August 2024, highlights key regulatory developments affecting Australian financial services (AFS) licensees and financial advisers.
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Aug 8, 2024 | 
lexology.com | Matthew Bode |Kelly Griffiths |Michael Kenny |Sinead Lynch |Daniel Maroske |Kate Mills | +8 more
This edition of the Gadens Regulatory Recap highlights recent developments from ASIC, APRA, OAIC, ACCC, and Treasury including various enforcement actions taken by the regulators. ASICASIC’s first greenwashing case results in landmark $11.3 million penalty for MercerThe Federal Court has ordered Mercer Superannuation (Australia) Limited (Mercer) to pay $11.3 million in penalties in a “landmark” greenwashing .
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Jul 11, 2024 | 
lexology.com | Matthew Bode |Kelly Griffiths |Michael Kenny |Sinead Lynch |Daniel Maroske |Kate Mills | +11 more
This edition of the Gadens Regulatory Recap highlights recent developments from ASIC, APRA, AFCA, ACCC, Treasury, and legislative updates, including various enforcement actions taken by the regulators. ASICAFS licensees required to notify ASIC about ‘experienced provider pathway’ declarationFrom 1 July 2024, AFS licensees must notify ASIC within 30 business days if they receive a written declaration from a financial adviser eligible for the experienced provider pathway.
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May 29, 2024 | 
lexology.com | Caroline Ord |Sinead Lynch |Kate Mills |Michael Kenny |Daniel Maroske |Kelly Griffiths | +10 more
This edition of the Gadens Regulatory Recap highlights recent developments from ASIC, APRA, AFCA, ATO, AUSTRAC, OAIC, ACCC, Treasury and the RBA, including various enforcement actions taken by the regulators. Federal BudgetFederal Government Budget: The Federal Government announced the 2024-25 Federal Budget on 14 May 2024, setting the Government’s key policy agenda for the remainder of their term.
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May 16, 2024 | 
lexology.com | Matthew Bode |Kelly Griffiths |Michael Kenny |Sinead Lynch |Daniel Maroske |Kate Mills | +11 more
This edition of the Gadens Regulatory Recap highlights recent developments from ASIC, APRA, ATO, ACCC, Treasury and the RBA, including various enforcement actions taken by the regulators. ASICScam alert: Scammers are changing the way they impersonate financial services businesses in sophisticated bond and term deposit scams: ASIC has issued a warning to consumers about a rise in the sophistication of fake bond and term deposit scams.
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Apr 16, 2024 | 
lexology.com | Matthew Bode |Kelly Griffiths |Sinead Lynch |Michael Kenny |Daniel Maroske |Kate Mills | +13 more
This edition of the Gadens Regulatory Recap highlights recent developments from ASIC, APRA, ACCC, the OAIC, and the ATO, including various enforcement actions taken by the regulators.
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Apr 4, 2024 | 
lexology.com | Matthew Bode |Kelly Griffiths |Michael Kenny |Sinead Lynch |Daniel Maroske |Kate Mills | +15 more
This edition of the Gadens Regulatory Recap highlights recent developments from ASIC, APRA, ACCC, the OAIC, and the ATO, including various enforcement actions taken by the regulators.
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Mar 19, 2024 | 
lexology.com | Matthew Bode |Kelly Griffiths |Michael Kenny |Sinead Lynch |Daniel Maroske |Kate Mills | +12 more
This edition of the Gadens Regulatory Recap highlights recent developments from ASIC, APRA, ACCC, AFCA, the OAIC, and the ATO including various enforcement actions taken by the regulators. ASICASIC calls on insurers to improve claims handling practices: On 6 March 2024, ASIC issued a letter reminding general insurers of their obligations regarding insurance claims and severe weather events.
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Feb 21, 2024 | 
lexology.com | Matthew Bode |Kelly Griffiths |Michael Kenny |Sinead Lynch |Daniel Maroske |Kate Mills | +9 more
This edition of the Gadens Regulatory Recap highlights recent developments from ASIC, APRA, ACCC, the OAIC, Treasury and ALRC, including various enforcement actions taken by the regulators. ASICASIC to crack down on predatory lending: ASIC has promised it will turn its attention to high-cost credit and predatory lending to consumers and small businesses, noting pressures on the cost of living and the need to protect vulnerable Australians in times of financial hardship.
