The Australian Government has released a factsheet to provide information on what to do if your data has been compromised in the recent Optus data breach. If you think you may be affected by the breach, contact Optus Customer service on 133 937. If you are concerned your identity has been compromised, contact your bank...
Post
22-248MR Former Victorian director sentenced after making false statement to ASIC
Van Nguyen, of North Melbourne, Victoria, has been sentenced after pleading guilty to making a false or misleading statement in a form to ASIC. Mr Nguyen lodged a form with ASIC to voluntarily deregister Melcorp Fabrics Pty Ltd (21-338MR) when he was aware that Melcorp Fabrics had outstanding liabilities. On 1 September 2022, Mr Nguyen...
Post
Russian war adds uncertainty and volatility to EU financial markets
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, today publishes the second Trends, Risks and Vulnerabilities (TRV) Report of 2022. The Russian war on Ukraine against a backdrop of already-increasing inflation has profoundly impacted the risk environment of EU financial markets, with overall risks to ESMA’s remit remaining at its highest...
Post
ESMA UPDATES THE EUROPEAN SINGLE ELECTRONIC FORMAT REPORTING MANUAL
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, today published the annual update of its Reporting Manual on the European Single Electronic Format (ESEF). This year’s highlight is the new guidance in relation to the ESEF regulatory technical standards (RTS) requirement to mark up the notes to the IFRS consolidated financial...
Post
101 firms in scope of new emergency asset retention rules for British Steel Pension Scheme transfer advice
New emergency asset retention rules now apply to 101 firms who provided pension transfer advice to former British Steel Pension Scheme (BSPS) members, 26 of these firms are subject to an asset restriction. We announced emergency rules on 25 April 2022 to prevent firms who advised BSPS members to transfer their benefits out of the...
Post
ESMA PUBLISHES LATEST EDITION OF ITS NEWSLETTER
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has today published the latest edition of its Spotlight on Markets Newsletter. Your one-stop-shop in the world of EU financial markets features in July an article on the development of key retail risk indicators (RRIs) for the EU single market. The identified RRIs...
Post
ESMA LAUNCHES CALL FOR EVIDENCE ON PRE-HEDGING
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, today publishes a Call for Evidence on pre-hedging. The aim is to promote discussion among stakeholders and gather further evidence on the practice of pre-hedging that could help ESMA to develop appropriate guidance. The Call for Evidence illustrates the arguments in favour and...
Post
ESMA PUBLISHES LATEST EDITION OF ITS NEWSLETTER
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has today published the latest edition of its Spotlight on Markets Newsletter. Your one-stop-shop in the world of EU financial markets focused in June mostly on developments on the ESG front with the publication of ESMA’s findings following its Call for Evidence to...
Post
Information for customers of unauthorised firm BubbleXT
On 6 October 2020, the FCA published a Warning against BubbleXT, a firm we believe may be providing financial services or products in the UK without our authorization. The FCA has become aware that consumers are still being targeted by scammers who have set up ‘recovery rooms’ with promises of returning their funds for a...
Post
nformation for customers of unauthorised firm BubbleXT
On 6 October 2020, the FCA published a Warning against BubbleXT, a firm we believe may be providing financial services or products in the UK without our authorisation. The FCA has become aware that consumers are still being targeted by scammers who have set up ‘recovery rooms’ with promises of returning their funds for a...
Civil rights law practice area legal advice is the application of abstract principles of law to the concrete facts of the client’s case.