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Showing 241 - 250 of 566 results for "Civil"

Chief economist update: It's about human life, not human rights

BENJAMIN ONG  |  MONDAY, 3 AUG 2020
... people are not taking this seriously". Worse, a few even flout the restrictions, protesting that they infringe on their civil liberties and invoking their "human rights". As an obviously irritated Andrews pronounced a week before: "Seriously, one more ...

Banking crisis more likely in conflicted countries: IMF

ELIZA BAVIN  |  THURSDAY, 30 JUL 2020
... years, against 16.4% when it lasts two years," the report said. The report looked at the example of during the Sierra Leone civil war (1991-2002), where more than 40% of banking system loans were non-performing and the licence of one bank was suspended ...

Goldman chief faces backlash over DJ set

ALLY SELBY  |  TUESDAY, 28 JUL 2020
... wealth fund 1MDB. By accepting the deal, the Malaysian government has agreed to drop charges against the bank and will cease civil proceedings against 17 of the Goldman Sachs' current and former directors.

Westpac discovers additional transaction irregularities

ALLY SELBY  |  TUESDAY, 28 JUL 2020
... into these TTR issues." Westpac is expected to cough up a $1.5 billion penalty over the breaches arising from the AUSTRAC civil proceedings brought against it in November 2019, and is also currently being investigated by both the prudential and corporate ...

Chief economist update: No Karens in China

BENJAMIN ONG  |  TUESDAY, 28 JUL 2020
... see "Karen" try that in China. It was criticised and condemned as a violation of human rights and/or an infringement of civil liberties but China's aggressive and draconian policy response to the coronavirus outbreak continues to bear dividends. ...

UBS to cough up $14m over bond bungle

ALLY SELBY  |  THURSDAY, 23 JUL 2020
... regulator's findings. Costas will cough up disgorgement and prejudgement interest totalling US$16,585, as well as a US$25,000 civil penalty. Marvin is set to pay US$27,966 and US$25,000 in the settlement. Both Costas and Marvin have consented to a 12-month ...

Former investment adviser charged with $85m fraud

ELIZA BAVIN  |  MONDAY, 20 JUL 2020
... violating the antifraud provisions of the federal securities laws and seeks permanent injunctive relief, disgorgement, and civil penalties. In a parallel action, the US Attorney's Office for the Southern District of New York also announced criminal ...

Forex Capital to face Federal Court

ALLY SELBY  |  FRIDAY, 17 JUL 2020
The corporate watchdog has kicked off civil penalty proceedings in the Federal Court of Australia against contracts-for-difference and FX broker Forex Capital, as well as its sole director. If found guilty of all allegations, director Shlomo Yoshai ...

Disgraced lobbyist charged

ALLY SELBY  |  FRIDAY, 26 JUN 2020
... charge Abramoff with broker-dealer registration violations," it said. "The SEC seeks permanent injunctions, disgorgement, and civil penalties, as well as injunctions prohibiting NAC and Andrade from participating in future securities offerings, and barring ...

ASIC sues CBA, CFS over RC case

HARRISON WORLEY  |  TUESDAY, 23 JUN 2020
... product recommended by the bank to its retail clients, or the financial advice it provided them. The regulator is chasing civil penalties against the bank and CFSIL, with each contravention attracting a maximum penalty of $1 million. The case was first ...