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Showing 271 - 280 of 280 results for "Enforceable Undertaking"

ASIC accepts enforceable undertakings from two Lifetrack directors

The Australian Securities and Investments Commission (ASIC) has also accepted enforceable undertakings from Lifetrack Management Ltd and Messrs David Smith and Alan Rich, two of its directors. Lifetrack was the approved trustee of the AM Pooled Superannuation ...

APRA reaches settlement with LifeTrack directors

The Australian Prudential Regulation Authority (APRA) announced today that it had reached a settlement with Approved Trustee, LifeTrack Management Limited and two of its directors. In response to falling equity markets, LifeTrack took steps in October ...

ASIC obtains undertakings following Federal Court proceedings

... they must be appropriately licensed or face enforcement action from ASIC." Meanwhile ASIC has accepted an enforceable undertaking from Wanted World Wide (Australia) Pty Ltd and its directors, Francesco Bagyio Carbone and Teresa Jane Carbone, in relation ...

Tower Australia to repay policyholders

... computer error. ASIC noted Tower had been co-operative throughout the investigation and had agreed to an enforceable undertaking to rectify the computer problems.

ASIC obtains orders to wind up Share Trend Software of Queensland

STAFF REPORTER  |  TUESDAY, 1 JUL 2003
... Trend and its director Robert Szatmari and Ian Thour, following allegations that they had breached an enforceable undertaking, accepted by the commission in October 1998.

Citibank agrees to improve advertising disclosures: ASIC

The Australian Securities and Investments Commission (ASIC) has accepted an enforceable undertaking from Citibank in relation to allegations that the bank had conducted misleading advertising for its premium deposit account. The premium deposit account ...

ASIC permanently bans Victorian financial adviser

The Australian Securities and Investments Commission (ASIC) announced today that it had accepted an enforceable undertaking from Robert Street, a financial adviser from Victoria, that he be permanently excluded from the financial services industry. ...

APRA freezes Strategic Capital Superannuation Fund

... "We commenced the investigation to determine the nature and magnitude of any breaches of the Act an the enforceable undertaking effectively freezes the fund while we complete that task." APRA uses enforceable undertakings to target specific weaknesses ...

ASIC orders Retireinvest to improve its disclosure standards

... that were inconsistent with the their needs, objectives, circumstances or risk profile. As part of this enforceable undertaking, Retireinvest will have to post a notice in its client newsletter and on its website, disclosing certain information in relation ...

ASIC sends WA financial adviser back to school

John Fernando The Australian Securities and Investments Commission (ASIC) today accepted an enforceable undertaking from Jean-Jacques Blandin, formerly of Australian Financial Securities (AFS), that he will not act as a financial representative unless ...