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Showing 141 - 150 of 5384 results for "Federal"

GIM director slapped with travel restraints

KARREN VERGARA  |  WEDNESDAY, 24 SEP 2025
... their money back were unsuccessful." Gold Coast-based Geddes took over GIM Trading from Stephen Cubis in late October. The Federal Court's travel restraint orders expire on 16 March 2026. Meantime, Healthbridge Capital investors have been locked out ...

Former Income Asset Management staffer embezzles $1.5m

KARREN VERGARA  |  TUESDAY, 23 SEP 2025
... ASX-listed firm has now sought orders to preserve assets and obtain information to support its investigation from the Federal Court. "The matter has been referred to the relevant authorities including ASIC and AUSTRAC, and a complaint has been lodged ...

Federal court slams director for 'fanciful' asset valuation

ELIZA BAVIN  |  TUESDAY, 23 SEP 2025
The Federal Court has disqualified Queensland-based director David Hodgson from managing corporations for five years and permanently restrained him from engaging in financial services without an Australian financial services licence (AFSL). This comes ...

ASIC makes 'first-of-its-kind' exemption to broaden digital asset access

MATTHEW WAI  |  THURSDAY, 18 SEP 2025
... licences when providing services related to stablecoins issued by an AFSL. The relief will take effect once registered on the Federal Registration of Legislation. However, intermediaries benefiting from this relief must make the exempt stablecoin's ...

Former staffer sues ASX, Lofthouse over bullying

ELIZA BAVIN  |  TUESDAY, 16 SEP 2025
... CHESS replacement, and failed to listen to warnings over market outages. According to the concise statement filed in the Federal Court, seen and reported by the Australian Financial Review, Halstead is accusing Lofthouse of being "frequently passive-aggressive ...

Cbus vows faster death benefit payouts

KARREN VERGARA  |  TUESDAY, 16 SEP 2025
... MUFG Pension and Market Services, have been slammed for several death benefit processing failures. Taking Cbus to the Federal Court last November, ASIC alleged about 10,000 members have faced severe delays while some were left waiting more than 12 months ...

AMP settles class action for $120m

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
... during the Hayne Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. The Federal Court later ordered the consolidation of two separate proceedings into a single class action, jointly run by Maurice Blackburn ...

Court extends freezing orders on First Mutual Private Equity

MATTHEW WAI  |  FRIDAY, 12 SEP 2025
The Federal Court extended orders freezing the bank accounts of First Mutual Private Equity (FMPE) and its sole director Gregory Raymond Cotton, saying it believes investors' funds were used for gambling purposes. The orders were first made on August ...

CSLR a 'shared responsibility' for all AFCA members: SMSFA

MATTHEW WAI  |  THURSDAY, 11 SEP 2025
... and deliberate negligence of their peers over which they have no control nor influence." Burgess has also called for the federal government to contribute. "The government is the only stakeholder that has the power to enact and affect the regulatory settings ...

Receivers appointed to two Australian Fiduciaries entities

JAMIE WILLIAMSON  |  WEDNESDAY, 10 SEP 2025
Receivers have been appointed to two related entities of Australian Fiduciaries following a Federal Court hearing this week. About $167 million is tied up currently, belonging to about 600 investors who placed their retirement savings in the Global ...