Latest Regulatory Scrutiny News

The ACCC has opposed IAG’s proposed acquisition of RAC Insurance in Western Australia, citing concerns it would stifle competition and lead to higher premiums and reduced product quality.

AMP has reached an agreement in principle to settle a long-running class action over commissions paid between 2014 and 2021, agreeing to pay $29 million without admitting liability.

Holista Colltech has received a formal notice from ASIC seeking recovery of approximately $1.09 million in legal costs related to Federal Court proceedings. The company is currently reviewing its options amid ongoing regulatory scrutiny.

OD6 Metals has responded to an ASX price query following a notable rise in its share price and trading volume, confirming no undisclosed information exists and attributing the market activity to an independent research report.

The Takeovers Panel has directed Emu NL and its former directors to cover a combined $41,712 in costs incurred by Wayburn Holdings during takeover proceedings, underscoring ongoing regulatory scrutiny.

Viridis Mining and Minerals Limited has had its trading suspension lifted following its response to media speculation and an ASX price and volume query.

Viridis Mining and Minerals Limited has addressed ASX concerns following unusual trading linked to a Brazilian environmental recommendation on its Colossus Project. The company remains confident in securing the project's Preliminary License despite the non-binding recommendation.

Venus Metals has flagged potential regulatory concerns after QGold purchased shares above its stated takeover offer price, prompting calls for market clarity ahead of a formal shareholder response.

C29 Metals has explained a delayed filing of a director interest notice as an isolated administrative oversight, reaffirming its compliance policies.

Reef Casino Trust’s takeover bid by Iris Cairns Property faces a regulatory hurdle as Queensland’s Office of Liquor and Gaming Regulation delays suitability investigations, pushing the offer period beyond March 2026.

Iress Limited has responded to an ASX price query, denying any undisclosed information behind recent share price movements while acknowledging ongoing strategic discussions.

Bendigo and Adelaide Bank has revealed systemic deficiencies in its anti-money laundering and counter-terrorism financing controls following a Deloitte investigation, committing to comprehensive remediation efforts.