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| | | The Federal Court has dismissed ASIC's claims that a former Freedom Insurance director and staff member were engaged in shocking and harmful sales tactics. Judge Goodman did not accept ASIC's claims that former director Keith Cohen and quality ... |
| | | | ... deficiencies in its risk management framework, this time relating to anti-money laundering. In October of the following year, the Federal Court ordered Westpac to pay a $1.3 billion penalty for its breaches of the Anti-Money Laundering and Counter-Terrorism ... |
| | | | ... defence and infrastructure investment, the report said. The report also warned of ongoing risks, including the threat to US Federal Reserve independence. "A loss of Fed credibility would undermine markets and drive-up long-term inflation expectations," ... |
| | | | ... of the valuation range set out in the Financial Position Report prepared by the liquidators of Shield by order of the Federal Court. This indicated that the liquidators expect a material recovery of funds on behalf of members invested in the Shield Master ... |
| | | | ... around whether the legislation would be ditched as it continued to be pushed back when parliament resumed following the Federal Election, which Chalmers swiftly denied. "We're proceeding with the policy that we announced two and a half years ago. ... |
| | | | ... Group and Endeavour Securities, both of which are now in liquidation, were slapped with a combined $390,000 penalty by the Federal Court for breaching their duties. In 2019, the Federal Court found Linchpin operated a fund unlawfully and without an AFSL. ... |
| | | | ... all-time highs seemingly every day and, volatility measures remain subdued. This positivity was clearly boosted by the US Federal Reserve lowering interest rates in September for the first time this year, whilst also signalling that it would ease a further ... |
| | | | ... government has introduced the payday superannuation bill in the House of Representatives today. First flagged in 2023-24 Federal Budget, the legislation stipulates that from 1 July 2026, employers must pay their employees' superannuation at the same ... |
| | | | ... audit." BDO was the auditor of defunct Keystone Asset Management, the responsible entity of the Shield Master Fund. When the Federal Court appointed new receivers and administrators in September 2024, BDO found that Keystone failed to maintain proper ... |
| | | | ... but has committed to reimbursing investors' retirement savings by September 30. ASIC commenced proceedings in the Federal Court against Macquarie Investment Management Limited (MIML) after it admitted it did not act efficiently, honestly and fairly ... |
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