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Showing 91 - 100 of 190 results for "Sarah Court"

SMSF scammers charged with criminal offences

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
... Finally, ASIC has cancelled the SMSF auditor registrations of Vincenzo Dissidomino and Vincent Crowe. ASIC deputy chair Sarah Court said that SMSF auditors are responsible for auditing over 611,000 SMSFs with total estimated assets of almost $900 billion. ...

ASIC to tighten grip on super fund misdemeanours

ANDREW MCKEAN  |  FRIDAY, 2 FEB 2024
ASIC deputy chair Sarah Court has reaffirmed that the corporate regulator is targeting member service failures, greenwashing, and inappropriate fees and charges, cautioning the superannuation industry to lift its game. At an industry event, Court said ...

Westpac loses Ausgrid rate swap case

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... consent where the pre-hedging can have a detrimental impact on the counterparty to the transaction," ASIC deputy chair Sarah Court said. "Appropriate conduct for pre-hedging is an issue of global significance. In this case, Westpac's behaviour was unconscionable ...

Court fines Linchpin, Endeavour directors

KARREN VERGARA  |  THURSDAY, 11 JAN 2024
... together with other costs associated with the contested hearings. Commenting on the latest decision, ASIC deputy chair Sarah Court said: "ASIC took this case because we believed reasonable steps were not being taken by the directors to comply with their ...

ASIC extends intervention orders against predatory lenders

CHLOE WALKER  |  MONDAY, 8 JAN 2024
... effective in reducing the risk of significant harm resulting from these types of products, ASIC added. ASIC deputy chair Sarah Court said that extending these product intervention orders ensures continued protection in the market against these high-cost ...

Zurich cleared by Federal Court in life insurance dispute

ANDREW MCKEAN  |  MONDAY, 8 JAN 2024
... a decisive ruling on 21 December 2023, exonerating Zurich of the alleged breaches. Post-verdict, ASIC deputy chair Sarah Court remarked that the regulator pursued the case to clarify the steps that an insurer must reasonably take before avoiding an insurance ...

Former director sentenced to over four years imprisonment

ANDREW MCKEAN  |  THURSDAY, 21 DEC 2023
... companies. Sadly, these investors were taken advantage of and their funds were used dishonestly," said ASIC deputy chair Sarah Court. "Today's criminal outcome sends a strong message that dishonest conduct by directors will be investigated and prosecuted." ...

ANZ fined $900k over shares disclosure failure

CHLOE WALKER  |  MONDAY, 11 DEC 2023
... against banks who fail in their duty to act efficiently, honestly and fairly in dealings with customers," deputy chair Sarah Court said.

OnePath cops $5m fine over fees for no service

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... of apology. OnePath was also ordered to publish a notice on its website regarding the breaches. ASIC deputy chair Sarah Court recently announced that member service failures and misconduct leading to the erosion of superannuation balances will be focal ...

ASIC forced to pay James Mawhinney's legal costs

JAMIE WILLIAMSON  |  TUESDAY, 28 NOV 2023
... Committee to investigate ASIC's handling of the matter. He is also currently suing ASIC and its other deputy chair Sarah Court for defamation, with the trial initially slated to begin next month but has now been pushed back to allow for this case to ...