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Showing 101 - 110 of 402 results for "Justice"

Standalone laws key to solving legislative 'porridge': ALRC

JAMIE WILLIAMSON  |  FRIDAY, 19 JAN 2024
... with complying with the law, and make it easier for consumers to understand and enforce their rights," ALRC president Justice Mordy Bromberg said. "These laws provide the legal and economic infrastructure of the financial services industry. The reforms ...

JBWere appoints philanthropic services head

CHLOE WALKER  |  WEDNESDAY, 17 JAN 2024
... She was previously director, transforming Aboriginal outcomes (TAO) in the NSW Government Department of Communities and Justice (DCJ), where she was responsible for designing and implementing policies that contribute to improved social and economic outcomes ...

Insignia Financial class action dismissed by court

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2024
... dropped in value due to the Royal Commission and other circumstances. The accusations were rejected by the Honourable Justice Anderson on 20 December 2023, saying: "The evidence as a whole, does not rise to the level of establishing a problem with IOOF's ...

Zurich cleared by Federal Court in life insurance dispute

ANDREW MCKEAN  |  MONDAY, 8 JAN 2024
... to inform the customer of her right to dispute or appeal the decision to avoid the policy. Nevertheless, Federal Court Justice Jackman dismissed all of ASIC's claims in a decisive ruling on 21 December 2023, exonerating Zurich of the alleged breaches. ...

What you read in 2023

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2023
... businesses slashed by controversial changes to AMP's Buyer of Last Resort provisions following the Royal Commission. Justice Moshinsky found evidence of losses incurred by the lead applicant, Equity Financial Planners, and sample group member, Wealthstone ...

Federal Court approves BT Super $30m settlement

KARREN VERGARA  |  TUESDAY, 12 DEC 2023
... (WLIS) allegedly failed to manage conflicts of interest when investing BT Super member money in a cash option. Last week, Justice Murphy determined that the amount was "fair and reasonable" after Westpac agreed to settle the class action led by Slater ...

ANZ fined $900k over shares disclosure failure

CHLOE WALKER  |  MONDAY, 11 DEC 2023
... when raising $2.5 billion from institutional investors. ANZ claimed the shortfall wasn't material, but Federal Court Justice Moshinsky rejected this, stating that the underwriters, being Citi, Deutsche Bank, and JPMorgan, would absorb the shortfall. ...

Mercer fined $12m over advice failures

JAMIE WILLIAMSON  |  THURSDAY, 23 NOV 2023
... result of inadequate systems and processes in place to ensure disclosure documents were compliant. The presiding judge, Justice McEvoy, said the "contraventions in the present case were extremely serious. They were large in number, many clients were ...

SEC sues Kraken exchange again

CASSANDRA BALDINI  |  WEDNESDAY, 22 NOV 2023
... business, and the International Emergency Economic Powers Act (IEEPA). Binance will fork out $4 billion to resolve the Justice Department's investigation and Zhao, who has also pleaded guilty to failing to maintain effective anti-money laundering ...

Future Fund exposed to dangerous Chinese investments: Opposition

ANDREW MCKEAN  |  TUESDAY, 7 NOV 2023
... from a Xinjiang firm involved in controversial labour programs, while China Merchants Bank has been accused by the US Justice Department of facilitating transactions for a company laundering money for North Korea.