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Showing 251 - 260 of 398 results for "Justice"

ASIC cancels AFSL, bans former executives and fund managers

JAMIE WILLIAMSON  |  TUESDAY, 30 MAY 2017
... compensation - up to $205,755,601 to investors in the fund - and the majority of ASIC's costs. Overseeing the proceedings, Justice Douglas endorsed ASIC's view that legal requirements were flagrantly ignored, saying the penalties should reflect the complete ...

Government shelves ASIC register sale

ALEX BURKE  |  WEDNESDAY, 21 DEC 2016
... to Government registry functions," he said. The potential sale was always controversial. In August this year, the Tax Justice Network - comprising unions and associations such as the National Union of Workers, Australian Services Union, Caritas Australia ...

ANZ and Macquarie fined for cartel conduct

DARREN SNYDER  |  THURSDAY, 15 DEC 2016
... growth. Australia's strong cartel laws apply equally across the economy, including in the banking sector." In his judgment, Justice Wigney stated: "There could be little doubt that the attempted contraventions... were very serious... The conduct of the ...

Instos consider Aussie infrastructure plans

DARREN SNYDER  |  FRIDAY, 25 NOV 2016
... infrastructure over the next four years and $40 billion of that is in transport. Five billion is in each of the health, education, justice and other sectors," she said. She added $53 billion of that investment will be paid for by the taxpayer and there ...

FPA philanthropic arm donates $147k

MICHELLE BALTAZAR  |  FRIDAY, 25 NOV 2016
... projects that give hope for a better future to 18 to 25-year-olds who may be financially disadvantaged, homeless, juvenile justice offenders, drug or alcohol dependent, disabled, or disadvantaged in some other respect. Funded projects have been in the ...

JPMorgan Chase to pay bribery fines

KERRIE SYDEE  |  FRIDAY, 18 NOV 2016
... actions were in violation of the Foreign Corrupt Practices Act (FCPA). JPMorgan is also expected to pay US$72m to the Justice Department and US$61.9m to the Federal Reserve Board of Governors totalling more than US$264m in sanctions as a result of the ...

Court blocks IOOF class action

JAMIE WILLIAMSON  |  MONDAY, 31 OCT 2016
... bring," Varghese said. "When laws do more to protect the wrongdoer than the people trying to expose misconduct and bring justice to its victims, something is amiss and it needs to change." Since the allegations came to light, IOOF has been the subject ...

Ostrava wound up, directors banned

KERRIE SYDEE  |  FRIDAY, 2 SEP 2016
... client's best interests." The court also found that both Grimm and Ash had breached their duties as company directors. Justice Davies said Grimm's conduct was "deliberate and in contumelious disregard of the law and statutory requirements" and that he ...

Storm Financial investor slams court decision

ALEX BURKE  |  MONDAY, 29 AUG 2016
... from FOS and we get allocated a new case manager who says they've found in favour of Westpac. That's a miscarriage of justice, and I've been carrying the burden of the stress from that experience."

Macquarie cops fine over van Eyk

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2016
... undertake "adequate and timely enquiries in relation to van Eyk's monitoring of the VBI Fund's investment in Artefact". Justice Reginald Barrett concluded that the negligent handling was not reflective of a systematic issue within the bank and did "not ...