index asic

[Link] Westpac admits to charging 11,000 dead customers, ASIC sues for 'widespread' breaches

Read: 29/11/2021 www.abc.net.au

The Australian Securities and Investments Commission (ASIC) has launched six court cases against Westpac for alleged, widespread compliance failures that affected thousands of deceased consumers.

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[Link] Stuck in limbo: investors blame Asic for $200m loss, but no one will hear their claim

Read: 23/8/2021 www.theguardian.com

i Investors seeking $200m in compensation from the corporate regulator over the collapse of a retirement village group say they are trapped in a catch-22 situation because no one in government will consider their claim.

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