ETORO (UK) LIMITED

NAB penalised $2.1 million for unconscionable conduct over account fees

The Federal Court has ordered National Australia Bank Ltd (NAB) pay a $2.1 million penalty for unconscionable conduct by continuing to charge periodic payment fees

Licensing and professional registration activities – 2023 update

ASIC today has released its annual licensing report today. Report 772 Licensing and professional registration activities: 2023 update (REP 772) outlines ASIC’s licensing and professional

ASIC sues crypto exchange alleging design and distribution failures

ASIC has commenced civil penalty proceedings in the Federal Court against Bit Trade Pty Ltd, provider of the Kraken crypto exchange to Australian customers. ASIC

FCA sets out initial findings on bank account access and closures

The FCA has published the findings of its initial data exercise on bank account access and closures. The information supplied by banks, building societies and

Interactive Brokers pays $832,500 penalty for ‘negligent’ and ‘reckless’ conduct

Market participant Interactive Brokers Australia Pty Ltd (ACN 166 929 568) (Interactive Brokers) has paid a penalty of $832,500 to comply with an infringement notice

ASIC extends date for financial adviser registration requirement

ASIC is extending the date by which relevant providers – financial advisers who provide personal advice to retail clients on relevant financial products (including time