Welcome to our Regulatory Highlights for September 2023. Financial Services Highlights ASIC issues interim stop order on Storehouse Residential Trust (SRT) due to TMD deficiencies   ASIC has issued an interim stop order on SRT, a registered managed investment scheme promoted by K2 Asset Management Ltd (K2), due to TMD deficiencies, preventing K2 from giving …

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Welcome to our Regulatory Highlights for August 2023. Financial Services Highlights ASIC v eToro: DDO   ASIC initiated proceedings in the Federal Court against eToro Aus Capital Limited AFSL 491139 (eToro), alleging the following: eToro has breached design and distribution obligations (DDO), by Setting its target market way too broad in light of the high-risk …

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Welcome to our Regulatory Highlights for July 2023. Key Takeaways Representation and conduct that may be false and misleading in nature remains high on ASIC’s list; Licensees need to carefully review their ESG-related disclosures; Ongoing monitoring and promptly dealing with any gaps identified are an integral part of a robust compliance framework; Financial services providers …

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Welcome to the first issue of our Regulatory Highlights. Key Takeaways Defective disclosure documents may have criminal consequences. Anything false or misleading may have severe consequences. Businesses should monitor all of their communications with the outside world, including website content, online advertisement, seminars, brochures, emails, social media posts and so on. Insider trading is not …

Continue reading “Regulatory Highlights: June 2022”