Sydney businessman Andrew Sigalla charged with breaches of directors duties Sydney businessman Andrew Sigalla faced Central Local Court today charged with dishonestly using his position as a director by making more than $6 million in payments to himself to pay off gambling debts and to make loan repayments on behalf of private companies he controlled. 13-108MR. 16 May
ASIC shuts down China Environment Group share scam China Environment Group Limited (CEG), a company incorporated in the British Virgin Islands, and its sole director, Mr John William Ullmann, have consented to Federal Court orders preventing them from selling shares and providing financial services in Australia. 13-107MR. 16 May
ASIC cancels Money Choice's licence and bans its director, Matthew George ASIC has cancelled the credit licence of Money Choice Pty Ltd (Money Choice) and banned its director, Matthew George, after an investigation found failures to comply with credit laws, responsible lending shortfalls and instances of unlicensed SMSF advice. 13-106MR. 15 May
Statement on Westpoint action We have provided an update on its proceedings against former Westpoint officers Norman Carey and Graeme Rundle. 13-105MR. 14 May
Former ABC Learning CFO charged The former chief financial officer of ABC Learning Centres Limited (ABC), James Black, appeared in the Brisbane Magistrates Court today charged with three counts of authorising false or misleading information. 13-104MR. 10 May
ASIC's outlook ... the road ahead Speech by Greg Medcraft, ASIC Chairman, to Australian Shareholders' Association Conference 2013, on the road ahead for ASIC
ASIC updates guidance for new hardship obligations ASIC has updated Information Sheet 105 Dealing with consumers and credit to assist industry meet new hardship obligations under the National Credit Act. 13-103MR. 9 May
ASIC makes new rules for ASX 24 market ASIC has made new market integrity rules for the Australian Securities Exchange Limited derivatives market (ASX 24). 13-102MR. 9 May
ASIC cancels licences of All Class Insurance Brokers We have cancelled the Australian financial services licence and Australian credit licence of All Class Insurance Brokers Pty Ltd (All Class), after it went into liquidation.13-100MR. 6 May
ASIC helps teens become mobile phone savvy We have launched a series of multimedia classroom activities to help teenagers navigate the costs of mobile phones.13-098MR. 7 May
Licensees urged to review and improve recruitment of new advisers We warn financial services licensees to ensure they have robust recruitment processes in place when appointing representatives who have worked for a business we have taken action against.13-097MR. 6 May
Full list of media releases and advisories