Sector: Banking & investment banking

The ACCC’s priorities for 2018

January 12, 2018 | 0 Comments

ACCC Chairman Rod Sims has foreshadowed a busy year with criminal cartel actions and a focus on financial services....

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How amendments to the regulation of EFTPOS surcharges will affect both businesses and consumers in Australia...

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The ACCC will monitor residential mortgage pricing and the extent to which banks seek to pass on the costs of the Federal Government’s proposed bank levy...

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What a year InCompetition!

December 24, 2015 | 1 Comments

InCompetition looks back at some of the key events in competition law from 2015 and wishes readers a happy festive season...

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Banks scared of a Bit of competition?

October 20, 2015 | 1 Comments

ACCC commences investigation into bank closures of Bitcoin accounts...

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Visa to pay a record $18M penalty for breaching exclusive dealing laws by preventing banks and third party providers from rolling out DCC services...

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LIBOR update

June 21, 2013 | 0 Comments

In today’s issue of our quarterly newsletter Regulator, Greg Golding and Andris Gauja have written an update on the snowballing LIBOR scandal, looking at the penalties imposed, the possibility of class actions and ongoing financial...

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Will Lehman eat porridge for SCDOs?

May 7, 2013 | 0 Comments

The liquidators of Lehman Brothers Australia are appealing a landmark Federal Court decision that found it liable for losses suffered by a number of local councils and charity groups. Late last year the Federal Court...

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Banks get a boost in US Libor case

April 11, 2013 | 0 Comments

On 29 March 2013, US Federal District Judge Naomi Reice Buchwald handed down a 161 page judgment dismissing a significant proportion of the class actions against banks involved in the Libor (London interbank offered rate)...

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Turkish banks fined for price collusion

March 26, 2013 | 0 Comments

Earlier this month, the board of the Turkish Competition Authority fined a dozen of the country’s banks 1.1 billion Turkish lira (approximately AUD 580 million) for colluding over maximum deposit rates, credit card interest rate...

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