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Showing 1111 - 1120 of 2460 results for "Court"

AFA names Female Excellence finalists

KRISTI CHENG  |  MONDAY, 12 AUG 2019
Women who are standouts in their community contributions have come out on top in the 2019 Female Excellence in Advice Award (FEIA) finalists list. That's according to TAL general manager retail distribution Niall McConville, who said the finalists stood ...

Why do we need royal commissions, Hayne asks

KANIKA SOOD  |  THURSDAY, 8 AUG 2019
In his first public speech since the Royal Commission's final report in February, Kenneth Hayne mulled why Australians are calling for more royal commissions and what it says about our democracy. "The increasingly frequent calls for Royal Commissions ...

ASIC warns trustees on employer inducements

KARREN VERGARA  |  THURSDAY, 1 AUG 2019
... the recent amendments mean civil and criminal penalties can be imposed on trustees that don't comply with the law. If a court finds that a trustee or its associates breach the civil penalty provisions, they may be fined up to 2400 penalty units. The ...

Keybridge shareholder threatens board spill

KANIKA SOOD  |  TUESDAY, 23 JUL 2019
... implications are a consideration for Bentley's proposal, it said. In May, a rogue shareholder meeting caught attention, when the court ruled it invalid because it did not give enough notice to all investors. Aurora Funds Management won court orders against ...

Managed investment scheme operator AFSL canned

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUL 2019
The Australian financial services licence of a Sydney-based managed investment scheme operator was cancelled by ASIC. The corporate regulator cancelled the licence of Australian Mutual, which operated a number of investment schemes. The cancellation ...

Wealth management investigations spike

KANIKA SOOD  |  FRIDAY, 21 JUN 2019
The corporate regulator's wealth management investigations increased 129% in the year to March 2019, ASIC commissioner John Price said yesterday. In opening comments to a keynote panel discussion at the Governance and Risk Management Forum in Melbourne ...

ASIC chases licensee over conflicted remuneration

HARRISON WORLEY  |  THURSDAY, 13 JUN 2019
... ASIC's intent, the first case concerning alleged breaches of conflicted remuneration provisions is underway in the Federal Court. The corporate regulator is seeking to declare The SMSF Club and its licensee RM Capital contravened the Corporations Act ...

Commonwealth FP completes EU compliance

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 JUN 2019
Commonwealth Financial Planning has complied with ASIC's court enforceable undertaking regarding fees for no service conduct and said it will transition to a new business model. At the end of May, ASIC received an attestation from Commonwealth Financial ...

Law Council chides ASIC

HARRISON WORLEY  |  TUESDAY, 11 JUN 2019
... The Australian as saying organisations facing off against ASIC shouldn't "battle us [ASIC] for years upon end in the court". Crennan told The Australian regulated organisations should adopt a more pragmatic approach where appropriate, commenting ...

Former Futuro adviser charged with theft

ELIZABETH MCARTHUR  |  TUESDAY, 11 JUN 2019
... stole $179,600 from a deceased estate of which he was executor. Robert Pryor Smith appeared in the Adelaide Magistrate's Court charged with 27 dishonesty offences last week. ASIC alleges that between October and July 2016 Smith transferred $179,600 from ...