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Showing 111 - 120 of 256 results for "Financial Services Law"

Industry fund names chief executive

JAMIE WILLIAMSON  |  MONDAY, 14 DEC 2020
... this year. Prior to entering superannuation, she was a senior associate and solicitor in corporate and financial services law, working with King & Wood Mallesons and MinterEllison. In addition to this new role, Kaspar is chair of Cystic Fibrosis Community ...

CBA in court for overcharging interest

ELIZABETH MCARTHUR  |  TUESDAY, 1 DEC 2020
ASIC has commenced proceedings against the Commonwealth Bank (CBA) for overcharged interest to thousands of customers, as revealed during the Royal Commission. In the Federal Court, ASIC will allege that CBA charged a rate of interest on business overdraft ...

ASIC cancels two AFSLs

ELIZA BAVIN  |  MONDAY, 30 NOV 2020
ASIC has cancelled the AFSLs of two financial services providers, one from Victoria and the other from Western Australia. Victorian financial services provider Jels Financial Group has had its license cancelled by the regulator for failing to demonstrate ...

AAT affirms SMSF adviser ban

JAMIE WILLIAMSON  |  WEDNESDAY, 11 NOV 2020
... service provider he recommended they engage. While he did not contest ASIC's findings that he had broken financial services law and conceded a five-year ban was appropriate, Blazejczyk appealed to the AAT believing he should only be prohibited from providing ...

Sydney multi-boutique hires from Perpetual

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
Channel Capital has hired from Perpetual to add in-house legal capability. Greg Wong has joined Channel as its general counsel. He will have oversight of legal and regulatory matters across the Channel group, supporting the strategic direction of the ...

ANZ fined $10m

ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
... had engaged in unconscionable conduct on two occasions, breached its general obligation to comply with financial services law and failed to do all things necessary to ensure that financial services were provided efficiently, honestly and fairly. The ...

Financial services laws under review

JAMIE WILLIAMSON  |  TUESDAY, 15 SEP 2020
Following on from the Royal Commission, the Australian Law Reform Commission has been tasked with reviewing financial services laws with a view to simplify laws regulating the industry. As part of its response to the Royal Commission final report, the ...

ASIC bans crypto scammer

ALLY SELBY  |  FRIDAY, 4 SEP 2020
... or is not competent, to provide a financial service or financial services; and is likely to contravene a financial services law". Bigatton has the right to appeal the banning with the Administrative Appeals Tribunal. It comes after the corporate watchdog ...

Insurers COVID-19 response slammed

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JUL 2020
... until September but it has now been extended until the end of 2020. But, Maurice Blackburn insurance and financial services law principal Josh Mennen said the FSC's extension doesn't go far enough. "It's only after JobKeeper ends that we ...

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 ...