ASIC has released an interim report prepared by Deloitte Access Economics reviewing competition in the Australian managed funds industry, finding that the industry is competitive and highlighting areas for improvement. The review is the...
Read More →Reform to the UCT framework is on the horizon and Treasury recommends that UCTs attract civil pecuniary penalties...
Read More →On 22 March 2018, Dowsett J delivered judgment on penalties in ASIC v Cassimatis, the long running litigation related to the collapse of Storm Financial. The judgment provides interesting insights as to the Court’s...
Read More →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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