Treasurer announces first female head of ASIC Former corporate lawyer Sarah Court will succeed Joe Longo as chair of the Australian Securities and Investments Commission. AAP · Feb 2
Former Syd fund manager banned for naked short selling The Australian Securities and Investments Commission has banned former Gleneagle Securities fund manager Greg Tolpigin for three years for naked short selling. AAP · May 22, 2023
Australia’s corporate watchdog joins calls for stricter regulation of buy now, pay later products Asic raises concerns about missed payment fees and people giving up essentials to afford repayments The Guardian - AU · Feb 16, 2023
Critics pan ASIC as 'toothless tiger' amid anger over collapse of critical WA coal mine Griffin Australia's corporate regulator is accused of failing to properly investigate a "bankrupt" coal mine whose troubles are threatening the security of a state's electricity system. ABC News · Dec 3, 2022
Australia’s corporate regulator issues first fine for greenwashing Australian Securities and Investments Commission fines Tlou Energy for misleading statements about green credentials The Guardian - AU · Oct 27, 2022
Household energy bills soar by 25 per cent Household and small business energy bills are soaring and the consumer watchdog is monitoring the industry for signs of price-gouging. AAP · Oct 10, 2022
Economist alleges corporate watchdog ASIC is only investigating tiny proportion of complaints The Australian Securities and Investments Commission (ASIC) has experienced years of upheaval and a heavy workload after the banking royal commission. An economist's analysis suggests the independent body is only investigating a fraction of complaints. ABC News · Oct 5, 2022
Australia’s financial sector will pay customers $7.2bn for wrongdoing, regulator says Australian Securities and Investments Commission issues guide for paying compensation and tells companies to pay up quickly The Guardian - AU · Sep 27, 2022
How do I find out what my superannuation fund invests in? A finance expert explains You want your superannuation savings to be invested in things that also serve the planet’s long-term interests. But how can you be sure your fund’s values align with yours – or even its own claims? The Conversation · Aug 26, 2022
How 'bad credit' lender Cigno has dodged ASIC's grasp Cigno is exactly the sort of business the Australian Securities and Investments Commission had in mind when it asked for stronger powers to ban the sale of harmful financial products. The Conversation · Aug 4, 2022
Government urged to allow Asic to decide claims against itself after investors left in limbo Former speaker says treasurer Josh Frydenberg should authorise corporate regulator to decide claims under compensation scheme for defective administration The Guardian - AU · Apr 9, 2022
Did ASIC just kill the 'finfluencer'? Corporate regulator cracks down on unlicensed advisers Social media content creators known as "finfluencers" are hugely popular with young people, but they could end up in jail if they don't shut down. ABC News · Apr 5, 2022