corporate regulator

ASIC files lawsuit against Commonwealth Bank of Australia’s pension unit for deceptive product communication

By admin1 on March 17, 2020 • ( 0 )

On Tuesday, Australia’s corporate regulator stated, it has filed a civil lawsuit against Commonwealth Bank of Australia’s pension business for deceptive product communication. “Product communication by Colonial First State Investments between March 2014 and August 2016 hindered customers of the… Read More ›

Commonwealth Bank of Australia pleads guilty to making unsolicited calls for selling financial products

By admin1 on November 19, 2019 • ( 0 )

On Tuesday, as per a statement from Australia’s corporate regulator, the life insurance arm of Commonwealth Bank of Australia has pleaded guilty to 87 counts of breaching a law banning sales staff from making unsolicited calls to sell financial products…. Read More ›