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. 

On the 29 February, the Federal Court found that R M Capital Pty Ltd (RM Capital) failed to take reasonable

ASIC has cancelled the Australian financial services (AFS) licence of Valorton Capital Pty Ltd (Valorton). The licence was cancelled because

The Government is delivering on its election commitment to give victims of financial services misconduct access to redress and compensation.

The Federal Court has found fintech company Block Earner engaged in unlicensed financial services conduct when offering its crypto-backed Earner

ASIC has made interim stop orders on four product disclosure statements (PDSs) for classes of units of the Shield Master

The Australian Law Reform Commission Final Report, Confronting Complexity: Reforming Corporations and Financial Services Legislation (Report 141, 2023), was tabled in Parliament

Published 21 November 2023 ASIC has announced its enforcement priorities for 2024, indicating its enforcement focus for the coming year and communicating

The Albanese Government is outlining the next steps in its approach to regulating crypto and digital assets to protect consumers,

ASIC has remade three class orders that were due to expire (‘sunset’) on 1 October 2023 under the Legislation Act 2003.

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