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The Australian Securities and Investments Commission has warned market participants to strengthen their cyber resilience in the face of new threats posed by AI, just months after the regulator secured its first penalty against a company over cyber failures.
AUSTRAC has opened an investigation into betting company Tabcorp’s compliance with anti-money laundering laws.
The corporate watchdog’s first case under internal dispute resolution regulations has had mixed results, with a court finding compliance failures by Telstra Super but no under-resourcing.
The High Court has found derivative crown immunity did not allow the NSW government to enter into alleged anti-competitive agreements when privatising two ports, disagreeing with a decision in a related case by the ACCC.
Online design tool Canva has paid $792,000 in infringement notices for allegedly failing to lodge financial reports on time for four of its companies.
A trial judge has heard that Mastercard's top Australian executives discussed stripping Woolworths of strategic merchant status if the supermarket giant routed customer transactions through the cheaper EFTPOS network.
ASIC has opened an insider trading investigation into the trading of retailer Accent Group's shares, asking the company to preserve communications by its CEO Daniel Agostinelli.
Another former director of collapsed Melbourne over-the-counter derivatives broker Berndale Capital Securities has pleaded guilty to misusing company funds, after his fellow director was sentenced to prison time.
A former director of marketing companies linked to the failed Shield and First Guardian funds says ASIC's 14-month investigation has left him facing a travel ban and freezing orders but no substantive allegations.
Epic Games has told a judge that Apple is treating Australian competition laws with “arrogant disrespect” and urged him to order injunctions after he found the tech giant engaged in anti-competitive conduct in the app marketplace.