Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1241 - 1250 of 3918 results for "law"

12 charged in $17m fraud

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
... seriously any attempt by individuals to facilitate or conceal illegal phoenix activity and other related contraventions of the law," ASIC said. "Illegal phoenix activity is unacceptable and together with our SFCT member agencies, we will work to ensure ...

No returns in sight for AAP investors

ALLY SELBY  |  TUESDAY, 21 JUL 2020
... recruit a board representative of the Australian community, McKinnon said, including professionals from media, finance and law. The 35 members of the consortium won't have any control over the news outlet, he said, with the company set up so that no ...

Former investment adviser charged with $85m fraud

ELIZA BAVIN  |  MONDAY, 20 JUL 2020
The US Securities and Exchange Commission have charged a former registered investment adviser with fraud for his alleged role in a US$60 million Ponzi-like scheme. The SEC alleges that David Hu, the co-founder and chief investment officer of International ...

NAB Private Wealth bolsters executive team

ANNABELLE DICKSON  |  MONDAY, 20 JUL 2020
After losing Anthony Healy in March and Jason Murray earlier this month, NAB Private Wealth has announced new five appointments to its executive team in a new structure. The appointments will report directly to JBWere chief executive and leader for ...

Chief economist update: China recovery would have been good for Oz

BENJAMIN ONG  |  MONDAY, 20 JUL 2020
... Scott Morrison's inquiry into the origins of COVID-19 in mid-May; and second, in response to the passage of the security law in Hong Kong, Australia announced extension of visas to Hong Kong citizens with a view towards permanent residency in Australia ...

Westpac found to be immature, reactive

ELIZA BAVIN  |  FRIDAY, 17 JUL 2020
Westpac publically released the findings from its Culture, Governance and Accountability (CGA) Reassessment Report, which labelled the bank "immature" and "reactive". The bank first completed a self-assessed CGA back in November 2018, however decided ...

Forex Capital to face Federal Court

ALLY SELBY  |  FRIDAY, 17 JUL 2020
The corporate watchdog has kicked off civil penalty proceedings in the Federal Court of Australia against contracts-for-difference and FX broker Forex Capital, as well as its sole director. If found guilty of all allegations, director Shlomo Yoshai ...

AustralianSuper PYS fee under scrutiny again

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JUL 2020
... Commission on "inducements" and how super funds entice businesses to choose them as a default fund for employees. "There has been law reform around inducements and we have been discussing with funds what those law reforms mean and we have been overseeing ...

Research slams ADL definition

ELIZABETH MCARTHUR  |  MONDAY, 13 JUL 2020
New research from Super Consumers Australia, the superannuation advocacy arm of CHOICE, has highlighted how difficult it is for people to claim total and permanent disability (TPD) insurance under the activities of daily living (ADL) definition. The ...

Regtech adds to advisory board

ALLY SELBY  |  MONDAY, 13 JUL 2020
... executive director of commercial and legal advisory firm Redcourt Partners, having previously been a partner at commercial law firm Arnold Bloch Leibler. He is currently an advisory board member at asset digitisation marketplace Skand, and a committee ...