The FCA is on track to publish its wholesale data market study report by 1 March 2024. In an update report on progress so far published today, we have proposed, at this stage, not to refer any of the three markets, covered by the market study, to the Competition and Markets Authority (CMA). We are …
ASIC has commenced civil penalty proceedings in the Federal Court against five former directors and officers of the Youpla Group (formerly Aboriginal Community Benefit Fund) for breaches of their duties. The Youpla Group operated several funds providing funeral insurance, mostly marketed to indigenous Australians. ASIC Deputy Chair Sarah Court said, ‘ASIC’s case seeks to hold …
ASIC launches proceedings against five Youpla Group directors Read More »
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