Latest News

The latest news from across the financial services industry.

Industry News

We share relevant news from across the financial services industry — including the latest updates from ASIC about matters that could affect your business. To see our CNM Legal Publications, click below. 

The Australian Securities and Investments Commission (ASIC) has suspended the Australian Financial Services (AFS) licence (number 239 946) held by

The Australian Securities and Investments Commission (ASIC) recently discussed the evolving role of Annual General Meetings (AGMs) in corporate governance.

The Full Federal Court of Australia has ruled in favour of the Australian Securities and Investments Commission (ASIC) in two

The Federal Court has imposed a penalty of $10.5 million against Active Super for greenwashing misconduct. In June 2024, the

ASIC is proposing additional relief to further assist Australian financial services and credit licensees comply with the reportable situations regime.

The Albanese Government has released a further exposure draft of regulations governing Australia’s Buy Now, Pay Later (BNPL) sector for

The Federal Court has ordered Firstmac Limited to pay $8 million in penalties for failing to meet its design and

Buy now pay later products will be subject to stronger regulation with new laws boosting protection for Australian consumers. The

Legal proceedings launched by ASIC have seen the Australian operator of the Kraken crypto exchange ordered to pay $8 million

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