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Showing 191 - 200 of 1705 results for "Breach"

ASIC crackdown: Action taken against 13 SMSF auditors

ELIZA BAVIN  |  WEDNESDAY, 2 OCT 2024
During the first half of 2024, ASIC acted against the registration of 13 approved self-managed superannuation fund (SMSF) auditors. ASIC's concerns covered a range of topics, including breaches of auditing and assurance standards, independence requirements ...

GQG breaches SEC whistleblower protection laws

KARREN VERGARA  |  FRIDAY, 27 SEP 2024
GQG Partners was hit with a US$500,000 fine by the US Securities and Exchange Commission (SEC) for violating whistleblower protection laws via the use of non-disclosure agreements (NDAs). The watchdog found NDAs the fund manager entered with 12 potential ...

ASIC extends two advice instruments

KARREN VERGARA  |  WEDNESDAY, 25 SEP 2024
... record keeping requirement instruments for another five years. The regulator has established ASIC Corporations and Credit (Breach Reporting-Reportable Situations) Instrument 2024/620 and ASIC Corporations Record-Keeping Requirements for Australian Financial ...

ASIC slaps Macquarie with record $5m fine

KARREN VERGARA  |  WEDNESDAY, 25 SEP 2024
ASIC imposed a record $5 million fine on Macquarie Bank for its failure to curb suspicious order transactions on electricity futures. ASIC's Markets Disciplinary Panel (MDP) found Macquarie breached market integrity rules on 50 occasions between January ...

Court rejects Linchpin director appeal

KARREN VERGARA  |  WEDNESDAY, 25 SEP 2024
The Federal Court rejected former Linchpin Capital director Peter Daly's appeal, which will retain his banning order and force him to pay a fine. Justice Jackman yesterday upheld the judgment delivered in January, which imposed a $150,000 penalty ...

Court freezes assets of company director

ANDREW MCKEAN  |  FRIDAY, 20 SEP 2024
The Federal Court has made orders to freeze the assets of company director David McWilliams and numerous companies associated with him that offered investment opportunities in purpose-built, NDIS-compatible property development schemes. McWilliams and ...

Hanson backs Dixon Advisory inquiry

KARREN VERGARA  |  WEDNESDAY, 18 SEP 2024
A public inquiry into the collapse of Dixon Advisory will soon launch after the Financial Advice Association Australia (FAAA) gained support from Senator Pauline Hanson in the senate yesterday. After pounding the pavement for months, the FAAA has successfully ...

ASX-listed firm invests with Osmosis

KARREN VERGARA  |  WEDNESDAY, 11 SEP 2024
... companies that generate revenue from controversial weapons, civilian firearms, tobacco manufacturing, as well as those that breach the UN Global Compact Principles. Further, the fund aims to protect investors from reflation in fossil fuel commodity prices ...

Former director sentenced for misappropriating investor funds

JAMIE WILLIAMSON  |  MONDAY, 9 SEP 2024
... lifestyle, including gambling and personal entertainment expenses. The judge described his conduct as "brazen" and "a serious breach of trust." He added that the crimes were motivated by greed and noted that, at the time, Sandiford was abusing alcohol ...

Federal Court approves AMP BOLR class action settlement

KARREN VERGARA  |  MONDAY, 9 SEP 2024
... account for its actions." They also want AMPFP to be brought to a public trial, given that it "behaved unconscionably and in breach of the trust, confidence and goodwill that once existed between AMPFP and its network of authorised representatives." ...