Media
16 Sep ASIC defends appeal over ‘Wagyu and Shiraz’ ruling
James Frost and Joanna Mather - The Australian Financial Review - Friday 13 September The Australian Securities and Investments Commission has been forced to defend the regulator's performance in the wagyu and shiraz case that saw its arguments that Westpac broke responsible lending laws close to...
13 Sep ASIC worried standards will drop on bank ruling
Clancy Yeates and Ben Weir - The Sydney Morning Herald - Friday 13 September The corporate cop has defended its move to appeal a Federal Court ruling in a high-profile case against Westpac, saying it is worried lending standards will be eroded if the decision is...
13 Sep ASIC defends its Westpac appeal
Alex Druce - AAP - Friday 13 September ASIC listened to calls from distressed debtors and spoke with various consumer advocacy groups but Federal MPs have suggested the regulator still doesn't have enough evidence to justify its appeal of a responsible lending judgement. ASIC told MPs on...
13 Sep Tension over ASIC court bid
Alex Druce - The Daily Telegraph - Friday 13 September THE corporate watchdog says it is acting in the interests of the “broader economy” in appealing the Federal Court’s decision to throw out a responsible lending lawsuit against Westpac. But Federal MPs have questioned whether the regulator...
13 Sep Liberal senators question $40m funds directed to ‘activist’ groups
Joanna Mather - The Australian Financial Review - Friday 13 September Liberal politicians have taken aim at a community grant provided to a superannuation "activist" group under one of the corporate regulator's enforceable undertakings. Super Consumers Australia, which is associated with consumer group Choice, received $2.5 million...