The Latest Breaking News from The Australian Securities and Investments Commission

Late last week, corporate watchdog the Australian Securities and Investments Commission (ASIC) issued a warning to lenders that provide high-fee small-amount loans – known as payday lenders – that they may be breaching consumer-lending laws.

You might remember Pesto, the king penguin chick who became a star attraction at Melbourne Aquarium last year. Good food, good genes and a safe home let Pesto grow into a huge ball of brown fluff twice the size of his parents. Pesto became a local and international celebrity.

ANZ is being investigated by the Australian Securities and Investments Commission (ASIC) amid serious allegations the bank manipulated markets when it facilitated a A$14 billion sale of government bonds in April last year.

Australia’s corporate watchdog, the Australian Securities and Investments Commission (ASIC), should be broken up and replaced by new and more responsive regulatory agencies, a damning report has found.

The disappearance of 49-year-old Melissa Caddick in November 2020 captured Australia’s attention. At the time, Caddick was being investigated by the Australian Securities and Investments Commission for alleged financial misconduct, with dozens of people defrauded for millions of dollars.

From people spending less to increasing inequality and money worries even among the affluent, data shows widespread pain

ASIC also accepted the undertaking from his accounting firm.

The Australian Securities Exchange has paid a $1.05 million penalty to the Australian Securities and Investments Commission over a system error.

Liang ‘Allan’ Guo has been deemed a flight risk and ordered to hand over any passports in his possession