Search Results | Showing 91 - 100 of 407 results for "remediation" |
| | ... the contraventions. NAB went on to continue charging customers after May 2018. Archibald criticised NAB's two remediation programs. "Money is not necessarily enough to make good or whole the harm to the customers," he said. He argued that NAB's ... |
| | | ... at Westpac where she was head of business bank legal and had oversight of business lending disputes, business bank remediation projects and regulatory projects. Previously she was head of institutional and business banking legal for St George and practice ... |
| | | ... concern home loan customer communications and arise from issues reported to ASIC in October 2018 and addressed via remediation in 2019. Remediation paid totalled $105,000, the bank said. ME Bank would not comment further but confirmed the matters are ... |
| | | ... since 2011. AMP later told ASIC it was 10,155 accounts that were affected. In a statement to the ASX, AMP confirmed a remediation program commenced in 2019 found breaches dated back to 2011. The program returned $5.3 million to estates and representatives ... |
| | | ... quickly as possible, urging union members audit their pay to make sure they are being paid correctly. NAB calculates the remediation bill to be $108 million (before tax); $14 million was allocated to MLC Wealth employees, which is in the process of being ... |
| | | ... increases to the indemnity limit remains under certain triggers relating to the failure rate for fee for no service remediation and the quantum of certain inappropriate advice remediation," the two firms said in a joint statement. "Remediation amounts ... |
| | | ... members who did not hold cover. ASIC's proceedings sought declarations, pecuniary penalties, injunctions relating to a remediation program and publication orders. |
| | | ... credit insurance. The regulator found widespread failings in consumer credit insurance and secured $160 million in remediation for consumers. Latitude Group was owned by Kohlberg Kravis Roberts, Varde Partners and Deutsche Bank. The group continues to ... |
| | | ... manage mounting compliance and run more efficient practices." Mantineo added that the ongoing regulatory change and remediation programs inside institutions is leading advisers to review the suitability and viability of their licensing arrangements. ... |
| | | ... commenced civil proceedings against Westpac," she said. Financial institutions and lenders have paid about $250 million in remediation to affected consumers, which is a payment of $430 on average to 580,000 consumers. In addition to Westpac, ASIC announced ... |
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