Posts tagged "corporate regulator"

The corporate regulator has revealed its areas of focus this reporting period, warning businesses that solvency and asset valuation are at the top of its list of concerns.

ASIC is worried vulnerable workers are getting the stiff by default super fund arrangements set up under illegal quid pro quo arrangements.

An investigation is underway this morning into the affairs of Pressed Juices after a court appointed liquidators to the holding company for the chain.

The government's latest company director crackdown will see new laws tackle dodgy resignations and cheap asset sales that rip off creditors.

A travel agent which says it has appointed administrators but is still registered to trade has become the centre of customer anger in recent weeks.

ASIC has banned three financial advisers over the last week as it continues efforts to clean up Australia's financial services sector.

ASIC is sparking investigations into a new spate of abandoned companies in a bid to recover unpaid employee entitlements.

ASIC says new product intervention powers which cover Afterpay and Zip Co will allow it to ensure better outcomes for consumers.

A Gold Coast accountant has entered into an enforceable undertaking after ASIC found she had not been acting in the best interests of her clients.

There is concern banks will tighten the reigns on credit card lending after ASIC revealed a non-binding set of commitments for banks.

Only one in six major buy-now-pay-later providers are examining the income and existing debts of their customers, ASIC says.

ASIC has named small business as a key point of focus over the next twelve months, singling out lender behaviour and unfair contract terms.