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Mayfair to retire ‘Platinum’ brand to put trade mark dispute to rest
Intellectual Property 2020-06-16 11:05 pm By Christine Caulfield

Mayfair 101 has agreed to cease using the brand name Mayfair Platinum to settle a trade mark dispute brought by ASX-listed fund manager Platinum Asset […]

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ANZ says allegedly worthless insurance policies gave customers ‘peace of mind’
Class Actions 2020-06-16 6:15 pm By Alison Eveleigh

ANZ has denied claims that it sold allegedly worthless insurance to group members in a class action against the banking giant, and has said the […]

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Mayfair 101 hits back at ASIC claims of misleading advertising
Financial Services 2020-06-16 5:29 pm By Christine Caulfield

Investment group Mayfair 101 has denied claims by ASIC that it has engaged in misleading or deceptive advertising of its Platinum products, saying in a […]

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ASIC takes action against Societe Generale for lax handling of client money
Article 2020-06-15 12:48 pm By Cat Fredenburgh

ASIC has slapped an Australian unit of French investment bank Société Générale with additional licence conditions for failing to comply with its obligations for handling client […]

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Westpac could face more AUSTRAC claims as child exploitation scandal deepens
Financial Services 2020-06-12 10:04 pm By Cat Fredenburgh

Westpac is facing the possibility of more claims in proceedings brought by AUSTRAC over anti-money laundering breaches, with the regulator seeking information on 272 customers […]

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Former Beem It boss drops lawsuit against payments fintech, CBA
Employment 2020-06-12 12:49 pm By Christine Caulfield

The former CEO of Beem It has discontinued her legal claims against the payments fintech and its co-owner, Commonwealth Bank of Australia, only days after […]

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Banned financial advisor Sam Henderson charged over master’s degree claims
Financial Services 2020-06-10 9:14 pm By Christine Caulfield

Former celebrity advisor Sam Henderson, who was slapped with a three-year financial services ban last year after his appearance at the banking royal commission, has […]

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Commonwealth Bank faces class action over ‘junk’ insurance
Class Actions 2020-06-10 8:52 am By Cat Fredenburgh

The Commonwealth Bank of Australia has become the latest Big Four bank to be hit with a class action over the sales of allegedly worthless […]

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ASIC can’t avoid trial in defamation lawsuit by Queensland mortgage firm
Defamation 2020-06-09 9:53 pm By Cat Fredenburgh

The Australian Securities and Investments Commission will have to face trial in a defamation lawsuit brought by a Queensland building and mortgage company over two […]

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ASIC, ANZ gear up for battle over Ashurst advice in bank fees case
Financial Services 2020-06-05 9:31 pm By Miklos Bolza

ASIC has launched a bid to gain access to legal advice provided by Ashurst to Australia and New Zealand Banking Group in the regulator’s case […]

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