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Showing 231 - 240 of 566 results for "Civil"

BlackRock wins $7.1bn mandate

KARREN VERGARA  |  FRIDAY, 11 SEP 2020
... scheme. The investment manager will provide asset allocation and manager-selection decisions across all asset classes for the Civil Aviation Authority Pension Scheme (CAAPS), a defined benefit scheme for workers in the aviation industry. BlackRock will ...

ASIC drags Evans Dixon to court

KANIKA SOOD  |  FRIDAY, 4 SEP 2020
... best interests duty under the Corps act. The action may mean a big bill for Evans Dixon shareholders; ASIC said the maximum civil penalty for contraventions it alleges against Dixon Advisory is $1 million per contravention for instances before 13 March ...

Fund manager charged with fraud

ALLY SELBY  |  FRIDAY, 4 SEP 2020
The founder of a distressed debt hedge fund faces civil and criminal charges in the US, after it was found he abused his position in the bankruptcy proceedings of luxury retailer Neiman Marcus Group. The Securities and Exchange Commission has charged ...

Fake pastor herds believers into Ponzi scheme

ELIZABETH MCARTHUR  |  MONDAY, 31 AUG 2020
... scams. Criminal charges have also been filed in this matter and the US Commodity Futures Trading Commission has filed a civil action. The SEC wants return of ill-gotten gains to the misled investors with prejudgement interest and civil penalties.

ASIC drops CBA investigation

ALLY SELBY  |  THURSDAY, 27 AUG 2020
... majority of the fresh allegations in a submission to the Federal Court. In June 2018, the Commonwealth bank settled the civil proceedings brought against it by AUSTRAC for $700 million, as well as AUSTRAC'S legal costs of $2.5 million - almost double ...

Chief economist update: Communists' party

BENJAMIN ONG  |  WEDNESDAY, 26 AUG 2020
... quarantine and isolation measures were criticised and condemned as a violation of human rights and/or an infringement of civil liberties but they worked in Wuhan (as the pool party shows) and in nipping the second wave budding in Beijing in just around ...

ASIC takes action against RI Advice

ELIZABETH MCARTHUR  |  FRIDAY, 21 AUG 2020
... ASIC is seeking declarations that RI Advice contravened provisions of the Corporations Act, orders that RI Advice pay a civil penalty and compliance orders so that the group will have to implement appropriate cyber risk management. ASIC named Anthony ...

ASIC takes action against BTFM, Asgard, StatePlus

JAMIE WILLIAMSON  |  THURSDAY, 20 AUG 2020
... said it doesn't intend to defend the proceedings and apologises for the errors. Elsewhere, the regulator also commenced civil penalty proceedings against State Super Financial Services Australia Limited, or StatePlus, for charging at least 36,592 ...

Tax fraud goes from paradise to prison

ANNABELLE DICKSON  |  TUESDAY, 18 AUG 2020
... shareholders were put in before the company was wound up leaving the entities without the means to pay the tax liabilities. A civil audit commenced in 2000 after a tip off from a tax agent and was then was referred to the AFP which commenced criminal ...

Chief economist update: Ardern's ardour

BENJAMIN ONG  |  TUESDAY, 11 AUG 2020
... Jacinda Ardern's tough measures worked but our Kiwi brethren must also be congratulated for not invoking their "human and civil rights" to party when Jacinda imposed Stage 4 restrictions - that closed down all non-essential services - on March 25. ...