Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 221 - 230 of 566 results for "Civil"

Vanguard launches new ESG offerings

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 OCT 2020
Vanguard Australia has launched a new Australian shares ETF with an ESG focus, adding to its range of ethical investment options. The Vanguard Ethically Conscious Australian Shares Fund and ETF will invest in approximately 240 ASX listed shares with ...

Crypto exchange owners charged

KARREN VERGARA  |  THURSDAY, 8 OCT 2020
... things, a trading ban and permanent injunction from BitMEX violating the Commodity Exchange Act (CEA), and for it to pay civil monetary penalties. It also wants BitMEX to be permanently registered and to restitute customers.

Manipulative trading at J.P. Morgan costs it over $1bn

ALLY SELBY  |  WEDNESDAY, 30 SEP 2020
... prosecution agreement (DPA) with the DOJ. This will see it pay approximately US$920 million for the misconduct, including a civil monetary penalty of around US$436 million, as well as restitution (around US$312 million) and disgorgement (approximately ...

Microcap manipulators caught out

ANNABELLE DICKSON  |  THURSDAY, 24 SEP 2020
... The Commission is seeking a range of penalties including permanent injunctions, disgorgement plus prejudgment interest, civil penalties, and penny stock bars against the individual defendants as well as officer-and-director bars against Knight and Flores. ...

Westpac reaches $1.3bn AUSTRAC deal

ELIZA BAVIN  |  THURSDAY, 24 SEP 2020
Westpac has agreed to pay a civil penalty of $1.3 billion in relation to its contraventions of the anti-money laundering and counter terrorism laws. As part of the agreement with AUSTRAC, Westpac has admitted to additional contraventions that were outlined ...

Index manager, friend charged for insider trading

KANIKA SOOD  |  TUESDAY, 22 SEP 2020
... Yang and Chen with violating the antifraud provisions of the federal securities laws and seeks permanent injunctions and civil monetary penalties. In a parallel action, the US Attorney's Office for the Eastern District of New York announced criminal ...

State Street cops $1.25m fine from AUSTRAC

KANIKA SOOD  |  WEDNESDAY, 16 SEP 2020
... before 1 July 2020, taking its total bill to about $1.25 million. AUSTRAC has five main tools for enforcement action: getting civil penalty orders from the Federal Court, referring to the public prosecutor for possible criminal prosecution, enforceable ...

Chief economist update: China's post-pandemic economy

BENJAMIN ONG  |  WEDNESDAY, 16 SEP 2020
... isolation measures were criticised and condemned by the outside world as a violation of human rights and/or an infringement of civil liberties. But there was none of that inside the country - there were no protests or indignation by its citizens - given ...

ASIC takes Linchpin, Endeavour directors to court

ELIZABETH MCARTHUR  |  TUESDAY, 15 SEP 2020
ASIC has commenced civil proceedings against current and former directors of Linchpin Capital and Endeavour Securities for alleged breaches of duties. The defendants in the proceedings are Ian Williams, Paul Raftery, Paul Neilson and Peter Daly. Williams ...

Rapper charged over crypto scandal

ALLY SELBY  |  MONDAY, 14 SEP 2020
... provisions of the federal securities laws. "The complaint seeks injunctive relief, disgorgement of ill-gotten gains, and civil monetary penalties, as well as an officer-and-director bar against Felton," the SEC said. The US Attorney's office for ...