OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
ASIC Commences Proceedings Against CBA over the AgriAdvantage…
ASIC has commenced proceedings in the Federal Court against Commonwealth Bank of Australia (CBA) for alleged breaches of the ASIC Act and Corporations Act for failures of their AgriAdvantage Plus Package (AA+ Package). From May…
ASIC Commences Proceedings Against CBA over the Credit…
ASIC has commenced proceedings in the Federal Court against Commonwealth Bank of Australia (CBA) for alleged contraventions of the responsible lending provisions of the National Consumer Credit Protection Act 2009 (National Credit Act). The action…
APRA applies additional $250m capital requirement to Allianz…
The Australian Prudential Regulation Authority (APRA) will apply an additional $250 million capital requirement to Allianz Australia Limited (Allianz) to reflect the issues identified in the insurer’s risk governance self-assessment. Allianz was one of 36…
CFTC Chairman J. Christopher Giancarlo Announces Signing of…
Washington, DC — Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo joined Tony Reardon, President of the National Treasury Employees Union, to sign a new Master Collective Bargaining Agreement (CBA) today at CFTC’s Washington, D.C.…
Adelaide financial adviser banned for five years
ASIC has banned Adelaide-based adviser Peter Anthony Chigwidden from providing financial services for a period of five years. Following a review of Mr Chigwidden’s advice, ASIC found that Mr Chigwidden consistently failed to address the…
ASIC Releases Final Report on CBA’s Compliance With…
ASIC today released KordaMentha Forensic’s final report on CBA’s advice compensation program under its additional licence conditions. ASIC had imposed additional conditions on the Australian financial services (AFS) licences of CBA’s Commonwealth Financial Planning Ltd…
World Bank Raises A$110 Million With Blockchain-Managed Bond
The Commonwealth Bank of Australia (CBA) was mandated by the World Bank as arranger for a two-year bond which has raised A$110 million using blockchain. Named bond-i, the title is the world’s first bond to…