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Showing 1101 - 1110 of 4100 results for "Conduct"

APRA closes Westpac probe

ELIZA BAVIN  |  FRIDAY, 12 MAR 2021
... certain enforcement powers under the Banking Act to ASIC, which was conducting its own investigation into whether the conduct giving rise to the allegations amounted to contraventions of the Corporations Act. APRA said the delegation was done to avoid ...

Dodgy SMSF operator loses appeal

ELIZABETH MCARTHUR  |  FRIDAY, 12 MAR 2021
... consequences for dishonesty. "The terminations imposed reflect the gravity of Mr Cross's and the partnership's dishonest conduct in lodging SMSF annual returns with false declarations over such a prolonged period," Klug said. Ten tax practitioners have ...

Mawhinney not dishonest, just irresponsible: ASIC

ELIZABETH MCARTHUR  |  FRIDAY, 12 MAR 2021
... held on March 9, a lawyer for ASIC said: "We do not allege conscious dishonesty by Mr Mawhinney." The lawyer added: "His conduct is indicative of serious irresponsibility and disregard for his legal obligations and ASIC puts it no higher than that and ...

Managed accounts FUM inch to $100bn

KARREN VERGARA  |  FRIDAY, 12 MAR 2021
Managed accounts assets reached a record $95.2 billion at the end of 2020 thanks in part to stock markets rebounding. According to the Institute of Managed Account Professionals chair Toby Potter, the sector is stronger than eve r and will continue ...

Chief economist update: ECB gives PEPP talk

BENJAMIN ONG  |  FRIDAY, 12 MAR 2021
... weak demand and significant slack in labour and product markets". To counteract this risk to growth: "We will continue to conduct net asset purchases under the pandemic emergency purchase programme (PEPP) with a total envelope of €1.850 trillion until ...

Pahari's pay packet revealed

ELIZA BAVIN  |  THURSDAY, 11 MAR 2021
... involved in the establishment of the Board Culture Working Group, of which I was chair, and initiated a review of workplace conduct," Hazelton said. "A major task of the Culture Working Group was to set down the board's shared beliefs in terms of ...

Court makes orders in ASIC versus TAL

KANIKA SOOD  |  WEDNESDAY, 10 MAR 2021
... medical history.) However, ASIC's other allegations did not stand in court: that TAL engaged in false or misleading conduct in handling the consumer's claim by making representations in a claims pack that it had a right to delay processing of ...

Allianz to rectify past deficiencies

ELIZA BAVIN  |  WEDNESDAY, 10 MAR 2021
... issues. "The CEU commits Allianz to completing a series of transformation programs that relate to risk maturity, compliance, conduct and culture in a timeframe agreed with APRA," APRA said. "Allianz has also undertaken to provide APRA with greater assurance ...

Link faces another lawsuit

KARREN VERGARA  |  TUESDAY, 9 MAR 2021
... to ensure investors could redeem their shares on request or that their money was invested sensibly. The UK's Financial Conduct Authority has been copping heat from investors for its sluggishness into investigating the fund, particularly as Woodford claimed ...

Former adviser charged over fabricated information

JAMIE WILLIAMSON  |  FRIDAY, 5 MAR 2021
... Planning. Nesseim appeared before Downing Centre Local Court on March 2, charged with 16 offences including dishonest conduct, fabricating evidence and providing false information to ASIC. He previously ran Smart Financial Strategies and is currently ...