NAB has resolved a case by an employee who alleged an offer to work in the bank’s Pitt St, Sydney branch was rescinded after her boss discovered she was pregnant.
AUSTRAC has ordered Airwallex to appoint an external auditor, amid concerns about the payment platform’s monitoring of suspicious matters.
More than just subjective intention is relevant to the defence of honest concurrent use in trade mark law, non-bank lender Firstmac has told the High Court in its dispute with buy now, pay later giant Zip Co.
Leading renewables developer Atmos has completed one of the sector’s largest green loan portfolio refinancings to date, with the new capital structure set to support expansion of its energy pipeline.
More than 38,000 retail investors have received nearly $40 million in refunds after an ASIC investigation found “widespread weaknesses” in how issuers of contracts for difference products comply with their obligations.
An Administrative Review Tribunal has halved a six-year ban on a former United Global Capital financial advisor imposed by the Australian Securities and Investments Commission, calling the ban “excessive”.
Block Earner has told the High Court that its Earner product was never meant to generate a financial return for users, as the court mulls whether to overturn a ruling that found the cryptocurrency firm did not need a financial services licence.
NAB has sued a group of insurers alleging they are liable to indemnify the bank for a $64.25 million settlement and associated defence costs in a superannuation class action against units MLC and NULIS Nominees.
Insurer Marsh has successfully appealed a finding that it breached its obligation not to use documents discovered in litigation over the $7 billion collapse of supply chain finance firm Greensill in separate proceedings.
Class action settlements hit major milestones last year, with the year’s largest settlements totalling $1.6 billion and one case resolving for a historic $548.5 million.