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News >> Asia Pacific

The Australian Office of the Fair Work Ombudsman (FWO) has made available compliance and enforcement actions regarding working conditions, record keeping, and workplace laws.

The Environment Protection Authority of the Australian state of New South Wales (NSW EPA) has announced that it has issued chemical services provider Orica a Management Order (28 July 2014) to commence the clean-up stage of the remediation of "arsenic contaminated groundwater at the company's Kooragang Island site".

The Australian Securities and Investments Commission (ASIC) has made available documents setting out additional licence conditions imposed on the following Commonwealth Bank of Australia Group (CBA) entities (both undated).

Published in Financial Integrity

The Federal Court of Australia (FCA) has handed down its judgment in Australian Competition and Consumer Commission v Dateline Imports Pty Ltd [2014] FCA 791 (30 July 2014). According to the Australian Competition and Consumer Commission (ACCC), the FCA has found that Dateline Imports breached the Trade Practices Act (now known as the Competition and Consumer Act (2010) 1974 No. 51 (Cth)) by making misleading representations regarding its Keratin Complex Smoothing Therapy hair straightening product.

Published in Consumer Protection

Dairy Processor Pays A$100,000 for Spilt Milk

06 Aug 2014
Written by World Watch

The Australian state of Western Australia's Department of Environment Regulation (DER) has announced that Brownes Food Operations Pty Ltd has been fined A$100,000 under the Environmental Protection Act 1986 No. 87 (WA) in the Bunbury Magistrates Court after pleading guilty to pollution.

The Dust Diseases Tribunal of the Australian state of New South Wales has made available its decision in Dunning v BHP Billiton Ltd [2014] NSWDDT 3 (31 July 2014). The Tribunal has awarded A$2.2 million in damages to a former steelworker who contracted terminal mesothelioma from working at BHP Billiton's Newcastle steelworks.

The Australian Securities and Investments Commission (ASIC) has announced that it concluded an "enhanced adviser monitoring program" for Australian financial services licensee Professional Investment Services Pty Ltd (PIS).

Automaker Audi has announced its decision to reduce its pricing for spare parts in China while regulators there conduct anti-monopoly investigations into the vehicle manufacturing industry.

Published in Competition

The Australian Securities and Investments Commission (ASIC) has announced that it accepted an enforceable undertaking (6 February 2013) (the EU) offered by the Royal Bank of Scotland plc and the Royal Bank of Scotland N.V. (collectively, RBS) in relation to potential misconduct involving Australian benchmark interest rate the Bank Bill Swap Rate (BBSW).

The Tokyo District Court has sentenced former Deutsche Securities salesperson Shigeru Echigo to ten months in prison for bribing a fund executive to purchase investment products. Mr Echigo pleaded guilty in April 2014 to charges that he spent approximately JPY900,000 entertaining the executive on 15 occasions in 2012.

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