ASIC takes QBE to court for misleading customers
As it continues to crackdown on misleading practices from insurers, ASIC launches court proceedings against the insurance giant.As it continues to crackdown on misleading practices…
Slater and Gordon class action lawyers target major insurance company
One of Australia’s largest insurance companies is the latest target of Slater and Gordon’s class action lawyers, after the corporate regulator launched an action last…
Escalated crackdown on greenwashing: Just the beginning?
Regulatory watchdogs, ASIC and ACCC, are cracking down on greenwashing claims made by businesses and the consequences for false green claims are greater than ever.Snapshot…
ASIC files historic court action against greenwashing
Civil penalty proceedings have begun in the Federal Court over alleged misleading statements about the sustainable nature and characteristics of investment optionsFor the first time…
Federal Court: May 2020
Reporting and analysis of the most notable decisions in the Federal Court. By DAN STAR QC.Key decisions Australian Securities and Investments Commission v AGM Markets…
Tougher laws and more resources signal a new era in ASIC enforcement
In response to the Royal Commission, tougher laws and more resources signal a new era in ASIC enforcement. By LIAM CAVILLSnapshot The Banking Royal Commission…
Why not litigate? ASIC enforcement after the Banking Royal Commission
The Royal Commission recommended whenever ASIC is considering a contravention it must start with the question ‘Why not litigate?’ MICHAEL LEGG and STEPHEN SPEIRS explore…
Changes to Australian Consumer Law: key benefits for vulnerable consumers
The first suite of proposals from the Australian Consumer Law Review will soon be enacted. By LAURA BIANCHI.Snapshot This Treasury Laws Amendment (Australian Consumer Law…
Avoiding contempt of court for breach of freezing orders: it’s a matter of trust
Care is needed in drafting freezing orders – and once they are made, effective procedures are needed to ensure that they are not breached. By…
Litigation funding in Australia: a year of review and change?
2018 may be a watershed year for litigation funding, which is under review by Victorian and Commonwealth law reform commissions. By JASON GEISKER and JENNY…
ASIC guidance on cryptocurrency token sales: a ban or sensible regulation?
ASIC has released guidance on Initial Coin Offerings/Token Sales. By MICHAEL BACINA and SINA KASSRA.Snapshot The Australian Securities and Investment Commission has released guidance on…