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Showing 1041 - 1050 of 2458 results for "Court"

JANA dragged into Rest legal stoush

ELIZABETH MCARTHUR  |  TUESDAY, 7 JAN 2020
... Principles for Responsible Investment. Climate change risk management appears to be a key element in the cast, with the court documents stating that Rest should provide: "Agendas, minutes of meetings and all documents placed before the Audit Risk Compliance ...

Consumer data right for open banking delayed

ALLY SELBY  |  FRIDAY, 20 DEC 2019
... completed and better ensure necessary security and privacy protections operate effectively," it said. ACCC commissioner Sarah Court said that regulatory safeguards shouldn't be rushed. "The CDR is a complex but fundamental competition and consumer reform ...

Westpac to pay $9.5m for Corps Act breaches

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
Westpac has been ordered by the Federal Court of Australia to pay $9.15 million over poor financial advice provided by just one former adviser. The court case relates to poor financial advice provided by Sudhir Sinha which breached the best interest ...

18 misconceptions about FASEA code

ELIZABETH MCARTHUR  |  THURSDAY, 19 DEC 2019
An education provider has outlined 18 common misconceptions relating to the Financial Adviser Standards and Ethics Authority Code of Ethics, which comes into effect on January 1. Roger Patterson, whose company Blue Path provides FASEA exam preparation ...

TAL loses group insurance mandate

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
... service, while at the same offering good value for money." The mandate loss comes as TAL prepares to fight ASIC in the Federal Court over a 2014 case highlighted by the Royal Commission last year. ASIC is alleging TAL voided an income protection claim ...

Pay jockeys super: Federal Court

ELIZABETH MCARTHUR  |  THURSDAY, 19 DEC 2019
The Full Federal Court has ruled that horse racing clubs and state racing boards are required to pay superannuation for jockeys. The court upheld the Australian Tax Office's super guarantee charge assessments in regards to riding fees paid to jockeys ...

Westpac served class action

JAMIE WILLIAMSON  |  WEDNESDAY, 18 DEC 2019
... of any damages sought, Westpac said. The bank will defend the claims, it said. In November AUSTRAC applied to the Federal Court of Australia for civil penalty orders against Westpac over systemic non-compliance with anti-money laundering and counter-terrorism ...

Industry veteran arrested

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 DEC 2019
... his bail stipulate that he will continue living at his Point Piper mansion. He is expected to appear before Downing Centre Court on 2 February 2020. Brierley founded Brierley Investments and was chair of Guinness Peat Group before taking the helm at ...

ASIC drags NAB to court for fees-for-no-service

HARRISON WORLEY  |  TUESDAY, 17 DEC 2019
ASIC has launched civil penalty proceedings against NAB in the Federal Court over fees-for-no-service, which the bank continued to charge after the Royal Commission. The corporate regulator is seeking to find NAB made several thousand contraventions ...

Responsible entity declares insolvency

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2019
... took action against Theta over the management and promotion of the Sterling Income Trust in the West Australian Federal Court. It is also taking action against Theta director Robert Marie. It is alleged Theta and Marie authorised five PDSs for the trust ...