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Showing 121 - 130 of 395 results for "Justice"

Former adviser jailed for nine years

KARREN VERGARA  |  MONDAY, 24 APR 2023
... police from Ladbrokes and Sportsbet show that between June 2014 to March 2020, his total losses amounted to $4.42 million. Justice O'Brien rejected the defence's argument that the offences "were moderated by his gambling addiction and diagnosed ...

AFCA chief to serve second term

JAMIE WILLIAMSON  |  THURSDAY, 13 APR 2023
... services system, and it is a great privilege to lead such an amazing group of people who are passionate about access to justice and fairness to all," he said. Locke added that the authority expects to register about 100,000 complaints this financial ...

Linchpin, Endeavour directors found guilty

JAMIE WILLIAMSON  |  TUESDAY, 4 APR 2023
... second loan of $35,000 which was increased later to $75,000. Both cited financial difficulty at the time. In judgement, Justice Cheeseman said: "The circumstances in which and the way in which Endeavour transferred the funds to Linchpin, markedly departed ...

Government introduces FAR, CSLR Bills

ANDREW MCKEAN  |  WEDNESDAY, 8 MAR 2023
... close a missing link in Australia's financial system and ensure that many forgotten financial victims will receive the justice they deserve," CHOICE chief executive Alan Kirkland said. "The Financial Accountability Regime has the potential to be ...

Ethical, sustainable ETFs top $9bn

RACHEL ALEMBAKIS  |  FRIDAY, 27 JAN 2023
... ethical investors are still interested in the ethical treatment of animals, environment, issues of diversity and social justice and those things haven't changed." Betashares also noted that investors are also increasingly seeking stewardship of their ...

Court ruling reiterates need to comply with AFCA

CASSANDRA BALDINI  |  WEDNESDAY, 25 JAN 2023
... are implications for financial firms that don't engage with AFCA's requirements. On handing down the penalties, Justice Downes said: "Cooperation by AFCA members with AFCA is important to the effective running of the AFCA Scheme." "The conduct ...

Federal Court finds against finfluencer

JAMIE WILLIAMSON  |  MONDAY, 9 JAN 2023
... a successful share trader who had the ability to identify worthwhile companies in which an investment should be made," Justice Downes said. "It did not matter that the stories did not contain any overt recommendation to acquire the shares: it was enough ...

Adviser imprisoned for super fraud

CHLOE WALKER  |  THURSDAY, 15 DEC 2022
... Nations consumers. "ASIC will continue to prioritise its enforcement work in this area," she said. In sentencing, his Honour Justice Levy said that Goel's conduct involved "deliberate and calculated acts of deceit"and constituted "a significant breach ...

Market manipulator sentenced

ANDREW MCKEAN  |  WEDNESDAY, 14 DEC 2022
... at the Supreme Court of Western Australia, after pleading guilty to market manipulation charges. In sentencing Cooper, Justice Forrester said: "It's fundamental to the viability of financial markets that they have integrity and that the community trusts ...

ANZ told to pay $25m for 20-year failure

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2022
... affected a large number of customers, leading to a significant amount of money needing to be remediated, the presiding Justice O'Callaghan said. "There was also a significant delay in identifying impacted customers, and therefore remediating them. Although ...