16 Jul ASIC irked by banks’ remediation pace

Ronald Mizen - Australian Financial Review - Thursday 16 July 2020 The corporate regulator has vented frustration with banks and wealth managers slow to remediate customers dudded by poor financial advice, as more than 2 million people wait for $3 billion in compensation. The Australian Securities and...

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19 Nov Too many regulators could dilute our democratic control

James Paterson - The Australian Financial Review - Tuesday 19 November The corporations and financial services committee’s first oversight hearing of the Australian Securities and Investments Commission for the new Parliament in September generated some excited media commentary about a “new approach” to parliamentary scrutiny. Some commentators...

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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...

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