Senators slam FTX, Sam Bankman-Fried and back crypto regulation – ABC News

Senators across both major parties on Wednesday sharply criticized bankrupt cryptocurrency exchange FTX and its former CEO Sam Bankman-Fried, while advocating for regulation of the digital currency sector. Lawmakers on the chamber’s banking committee differed significantly, however, on whether FTX exemplified wider industry dangers or merely a run-of-the-mill fraud that could occur at any business.…

Parliamentary Committee scrutinises ATO’s role in insolvencies – SmartCompany

Senator Deborah ONeill is chairing the Inquiry into Corporate Insolvency in Australia. (AAP Image/Lukas Coch) The primacy of the Australian Taxation Office (ATO) as Australias biggest creditor when it comes to corporate insolvencies is being put under fresh scrutiny, as the Albanese government puts the spotlight on reforming mechanisms for winding up failed businesses. The…

ATO put under scrutiny for role in rising insolvencies – The Mandarin

The primacy of the Australian Taxation Office as Australias biggest creditor when it comes to corporate insolvencies is being put under fresh scrutiny, as the Albanese government puts the spotlight on reforming mechanisms for winding up failed businesses. The Parliamentary Joint Committee on Corporations and Financial Services kicks off its Inquiry into Corporate Insolvency in…

Legislature considers ending one-way attorney fees – FOX 4 News Fort Myers WFTX

As lawmakers in Tallahassee try to get Floridas property insurance crisis under control, theyre taking a closer look at how insurance disputes play out in the court system. On average, everyday more than 350 lawsuits are filed against insurance companies in the sunshine state. The state legislature is considering ending one-way attorney fees, which the…