ASIC
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Suncorp Under Scrutiny as Claims Handling Failures Trigger Regulatory Alarm
Suncorp faces mounting regulatory pressure after contractor failures left a family’s home uninhabitable, highlighting systemic issues in insurance claims management.
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ASIC Warns Superannuation Trustees Over Systemic Failure to Protect Retirement Savings
ASIC reports systemic failures among superannuation trustees to monitor high-risk advice fees, threatening the retirement security of over $300 billion in funds.
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KPMG Australia Faces Parliamentary Inquiry Over Data Leaks and Whistleblower Misconduct
KPMG Australia is under parliamentary scrutiny following revelations of confidential client data leaks and the retaliatory treatment of an internal whistleblower.
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ASIC Enforcement Intensifies Amid $2B Tech Investment Surge
ASIC is ramping up oversight of corporate governance and private credit as a $2 billion surge in semiconductor and AI investments reshapes the market.
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ANZ Group Discloses Full Internal Culture Review After ASIC Settlement
ANZ Group Holdings Limited has released its full internal culture review, a significant shift in transparency following a $240 million settlement with Australia’s corporate regulator.
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FIIG Securities Faces $2.5M Penalty After Cyber Attack Exposes Weak Incident Response
FIIG Securities has been ordered to pay $2.5 million in penalties by an Australian Federal Court for severe cybersecurity failures, including the lack of an adequate incident response plan, which worsened a 2023 data breach affecting 18,000 clients.