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Showing 211 - 220 of 683 results for "Proceedings"

HESTA endorses super splitting initiative

CHLOE WALKER  |  WEDNESDAY, 23 FEB 2022
... orders that can be used across the super and legal sectors and by the courts. From 1 April 2022, parties to family law proceedings can apply to the courts for information from the Australian Taxation Office about their former partner's super. Together ...

ASIC considering more action on Sterling collapse

KARREN VERGARA  |  MONDAY, 14 FEB 2022
... confirmed that two major recommendations are under consideration. The first recommendation involves ASIC commencing legal proceedings against current and former AFSL holders that allegedly breached section 917B of the Corporations Act 2001 and have not ...

AMIST criticised for SPC investment

ELIZABETH MCARTHUR  |  THURSDAY, 10 FEB 2022
... board of Crescent Wealth. The class action against OTR is ongoing, with the Federal Court approving a timeline for proceedings in December 2021.

ASIC unveils details of FSCP operations

CHLOE WALKER  |  THURSDAY, 23 DEC 2021
... adviser's registration, issue infringement notices in certain circumstances, recommend that ASIC commence civil penalty proceedings, and enter into enforceable undertakings with advisers. ASIC can refer advisers to the FSCP if it believes that he or ...

OnePath Custodians sued over fees for no service

JAMIE WILLIAMSON  |  WEDNESDAY, 15 DEC 2021
Civil penalty proceedings have commenced in the Federal Court against OnePath Custodians for allegedly charging super fund members fees for no service, filed by ASIC. ASIC is alleging OnePath incorrectly charged more than $4 million in fees to more ...

ASIC takes 'ASX Wolf' to court

ELIZABETH MCARTHUR  |  TUESDAY, 14 DEC 2021
... Scholz, who offered his followers share trading tips on social media under the handle 'ASX Wolf'. The regulator filed proceedings in the Federal Court that will seek to restrain Scholz from carrying on any financial services business in Australia. Under ...

Backlash after 'unprecedented' ASIC action against Westpac

ELIZABETH MCARTHUR  |  THURSDAY, 2 DEC 2021
... publicly humiliated, banned and commercially destroyed." In an unprecedented move, ASIC commenced six civil penalty proceedings against Westpac for widespread compliance failures on November 30. The six matters filed related to charging fees to deceased ...

ASIC files numerous cases against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 30 NOV 2021
In an unprecedented move, ASIC has commenced six civil penalty proceedings against Westpac for widespread compliance failures in its banking, wealth, superannuation and general insurance businesses. The six matters filed relate to charging fees to deceased ...

ASIC sues ANZ over home loan referrals

CHLOE WALKER  |  FRIDAY, 26 NOV 2021
ASIC has commenced proceedings in the Federal Court against ANZ for breaches of the Credit Act arising from referrals through its home loan 'introducer program' and from unlicensed individuals outside the introducer program. The program involved ...

Former WA adviser charged with dishonest conduct

CHLOE WALKER  |  TUESDAY, 23 NOV 2021
... decision to the Administrative Appeals Tribunal and the appeal process is stayed, pending the outcome of the criminal proceedings. Fong appeared before the Perth Magistrates Court last Friday and was granted conditional bail. ASIC says the matter is ...