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Showing 1161 - 1170 of 5394 results for "Federal"

Chief economist update: Zero beyond 2023

BENJAMIN ONG  |  THURSDAY, 17 SEP 2020
The US Federal Reserve's new monetary policy framework - lower interest rates for longer or average inflation targeting - (virtually) announced at the August 27 Jackson Hole Symposium is now live. The Fed kept policy settings unchanged at its 15-16 ...

State Street cops $1.25m fine from AUSTRAC

KANIKA SOOD  |  WEDNESDAY, 16 SEP 2020
... bill to about $1.25 million. AUSTRAC has five main tools for enforcement action: getting civil penalty orders from the Federal Court, referring to the public prosecutor for possible criminal prosecution, enforceable undertakings, infringement notices ...

Super fund gets ahead of CIPR obscurity

KARREN VERGARA  |  TUESDAY, 15 SEP 2020
... public markets at the Australian Catholic Superannuation and Retirement Fund, says the super fund is not waiting on the federal government to help its members solve the financial risks they face at retirement. Five years ago, ACSRF built RetireSmart ...

SMSF claim over Dreamworld deaths hits snag

ELIZABETH MCARTHUR  |  TUESDAY, 15 SEP 2020
... shareholders in the company. Ingram and Tulloch owned shares in Ardent Leisure through their SMSF and filed a claim in the Federal Court seeking access to key documents in relation to the company's handling of the deaths caused by the Thunder River Rapids ...

ASIC reinforces power to obtain documents

ELIZABETH MCARTHUR  |  MONDAY, 14 SEP 2020
... Advice's claims for legal professional privilege and an order for Maxi EFX to produce documents. The regulator said both Federal Court decisions support its position on obligations to comply with ASIC Act notices and to clearly substantiate any claims ...

Rapper charged over crypto scandal

ALLY SELBY  |  MONDAY, 14 SEP 2020
... his "manipulative trading" to buy a multi-million dollar home, a Ferrari, diamond jewellery and other luxury goods. "The federal securities laws provide the same protections to investors in digital asset securities as they do to investors in more traditional ...

NAB fined over fees for no service

ANNABELLE DICKSON  |  MONDAY, 14 SEP 2020
The Federal Court of Australia has fined National Australia Bank $57.5 million over deceptive and misleading conduct. The proceedings commenced in 2018 and were initially brought by ASIC against NAB units NULIS and MLC Nominees for the charging of plan ...

ASIC takes disqualification decision to Federal Court

ALLY SELBY  |  FRIDAY, 11 SEP 2020
... disqualify a Queensland-based self-managed super fund auditor, taking the Administrative Appeals Tribunal's decision to the Federal Court of Australia. John Gilliland had his ASIC disqualification quashed by the Administrative Appeals Tribunal on August ...

Interim insolvency protections extended

KARREN VERGARA  |  THURSDAY, 10 SEP 2020
... a result of COVID-19 will have temporary insolvency and bankruptcy protections in place until the end of the year. The federal government has extended temporary insolvency and bankruptcy protections until 31 December 2020. The law is helping reduce the ...

ASIC can use RC evidence in RI Advice case

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 SEP 2020
... group. ASIC's case against RI Advice and one of its former financial advisers, John Doyle, is currently playing out in the Federal Court. The regulator has alleged Doyle failed to act in the best interests of clients, gave "cookie cutter" advice and ...