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SFC Obtains Compensation and Disqualification Orders
The Securities and Futures Commission (SFC) has successfully obtained compensation and disqualification orders against individuals involved in misconduct. These orders aim to protect investors and maintain market integrity by holding wrongdoers accountable.
JFTC Investigates Microsoft for Antimonopoly Act Violation
The Japan Fair Trade Commission (JFTC) has opened an investigation into Microsoft Corporation for suspected violations of the Antimonopoly Act. The JFTC is seeking information and comments from third parties regarding the alleged anti-competitive practices.
JFTC Issues Cease and Desist Order to MC Data Plus
The Japan Fair Trade Commission (JFTC) has issued a cease and desist order to MC Data Plus, Inc. for alleged violations of the Antimonopoly Act. This action indicates potential anticompetitive practices by the company.
JFTC Reviews Adobe Figma Acquisition and Cautions Logic Inc.
The Japan Fair Trade Commission (JFTC) has closed its review of Adobe Inc.'s proposed acquisition of Figma, Inc., indicating no immediate concerns. Separately, the JFTC issued a caution to Logic Inc. regarding potential violations of the Antimonopoly Act.
Real Estate Agent Prosecuted for Fraud
NSW Fair Trading has prosecuted former real estate agent Dean Norburn for dishonestly obtaining $305,053 by deception. He was convicted and sentenced to an 18-month Intensive Corrections Order, 300 hours of community service, and ordered to pay $100,000 compensation.
NSW Fair Trading Suspends Strata Agent Licence Pending Investigation
NSW Fair Trading has suspended the licence of strata managing agent Ms Christine Ng pending an investigation into alleged misconduct, including failure to pay money into trust accounts and breaching conduct rules. The suspension prevents Ms Ng from operating as a real estate or strata managing agent.
Fair Trading Suspends Agent for Misrepresentation, Disqualifies Another for Fraud
NSW Fair Trading has suspended one real estate agent's license for 60 days due to misrepresenting prices and failing to pass on offers. In a separate action, another agent was disqualified for five years and faces further investigation for misappropriating approximately $300,000 in trust funds.
NSW Fair Trading Warns Bondi United for False Terror Attack Links
NSW Fair Trading has issued a public warning against Bondi United for falsely claiming links to the Bondi Beach terror attack. The agency took action after investigations revealed misleading conduct, and the business has indicated it will offer refunds to consumers. This action highlights the government's commitment to protecting consumers from exploitation following tragic events.
Payments System Board Discusses Cash Distribution and Regulatory Framework
The Reserve Bank of Australia's Payments System Board met in March 2026 to discuss cash distribution, merchant card costs, payments system resilience, and account-to-account payments. The Board is considering a new regulatory framework for cash distribution services and potential amendments to card payment regulations, with a conclusions paper expected by end-March.
Reserve Bank of Australia Increases Cash Rate to 3.85%
The Reserve Bank of Australia's Monetary Policy Board has increased the cash rate target by 25 basis points to 3.85%. This decision was made due to rising inflation and capacity pressures, with inflation expected to remain above target for some time.
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