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High Court won’t hear broker’s case over 2014 ban for second time
Financial Services 2023-06-15 5:53 pm By Christine Caulfield

The High Court has rejected an appeal by a mortgage broker in a saga stretching back a decade, when the corporate regulator imposed a lifelong […]

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Big Un’s CFO charged with insider trading in latest action over failed company
White Collar 2023-06-13 3:49 pm By Christine Caulfield

The former chief financial officer of Big Un has become the third person to be charged with insider trading connected to shares in the defunct […]

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ASIC, NAB clash over $10M penalty exposes ‘vague status’ of concise claims, judge says
Financial Services 2023-06-06 3:53 pm By Sam Matthews

NAB has told a court it should pay a $2 million penalty — not the $10 million proposed by ASIC  — for engaging in unconscionable […]

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Parents of fraudster Melissa Caddick paid $1M to vacate Edgecliff property
Restructuring & Insolvency 2023-06-05 11:14 pm By Sam Matthews

The parents of deceased fraudster Melissa Caddick will take $950,000 to move out of a multi-million dollar property in Sydney’s East, which will now be […]

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‘Fundamentally wrong’: Judge pans AMP’s payment to PwC for remediation review
Financial Services 2023-06-02 3:48 pm By Cindy Cameronne

It was “fundamentally wrong” that AMP paid consultant PricewaterhouseCoopers significantly more to review a court-ordered remediation than was paid to customers who suffered loss after […]

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ASIC hits Melbourne CFD broker with interim stop order
ASIC 2023-06-02 10:01 pm By Gareth Baker

ASIC has issued an interim stop order barring a Melbourne-based investment broker from opening trading accounts or dealing in contracts for difference or margin foreign […]

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ASIC lifts stop order on Humm’s buy now, pay later products
Financial Services 2023-05-29 11:07 pm By Gareth Baker

The Australian Securities and Investments Commission has revoked an interim stop order against Aussie fintech Humm Group, which had been preventing the company from selling […]

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ASIC hits pause on Humm’s buy now, pay later products
Fintech 2023-05-26 3:07 pm By Gareth Baker

The Australian Securities and Investments Commission has hit fintech Humm Group with an interim stop order barring it from issuing buy now, pay later products […]

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Sydney fraudster Melissa Caddick dead, coroner finds
White Collar 2023-05-25 12:35 pm By Sam Matthews

The New South Wales deputy state coroner has concluded that accused conwoman Melissa Caddick is dead, but questions remain about the circumstances of her death. […]

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Ex-Continental Coal director sentenced for directors’ duty breach
Energy & Natural Resources 2023-05-23 11:59 pm By Gareth Baker

A former director of defunct mining and exploration company Continental Coal has been sentenced to eight months’ imprisonment for failing to act in good faith […]

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