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ASIC roundup: Crypto fraud, and warning of scams

Montage of the Australian arms Emu and Kangaroo emblem
GRIP Montage: ASIC/Getty Images

The Australian Securities & Investments Commission’s latest actions and news, October 21 – 25, 2024.

Court proceedings against QBE misled – October 23, 2024

Court proceedings have commenced against QBE Insurance (Australia) Limited for allegedly misleading customers about the value of discounts on certain general insurance products.

Allegedly, the company made statements and sent renewal notices promising discounts on premiums for a range of general insurance products between