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Showing 11 - 20 of 23 results for "Federal Court for"

ASIC sues former Freedom Insurance staff

KARREN VERGARA  |  MONDAY, 25 OCT 2021
A former Freedom Insurance director and consultant will head to Federal Court for their alleged involvement in aggressive sales tactics. ASIC has commenced civil penalty proceedings against former Freedom Insurance managing director of Keith Cohen and ...

NAB partners with life insurance, advice provider

ANNABELLE DICKSON  |  FRIDAY, 3 SEP 2021
... 20 years and NAB Health for more than 15 years. Late last month, NAB was ordered to pay $18.5 million by the Federal Court for misleading fee disclosure statements in relation to personal financial advice.

ASIC takes action against Equiti

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
... (Equiti FS) - which is now called DOD Bookkeeping and is in liquidation - will see the corporate regulator in the Federal Court for several alleged breaches of the Corporations Act 2001. Between 26 October 2015 to 27 August 2018, ASIC alleges that Equiti ...

High Court dismisses Westpac appeal

JAMIE WILLIAMSON  |  WEDNESDAY, 3 FEB 2021
... in the High Court, a move that was dismissed this morning with costs. Proceedings will now be remitted to the Federal Court for a hearing on penalties, with ASIC saying it will seek orders for financial penalties. "The High Court has provided clarity ...

ASIC takes action against BTFM, Asgard, StatePlus

JAMIE WILLIAMSON  |  THURSDAY, 20 AUG 2020
... Royal Commission, were investigated by ASIC's Office of Enforcement and have been brought by ASIC to the Federal Court for determination." Finally, ASIC provided an update on its similar action against MLC and NULIS Nominees, saying the hearing has ...

ASIC bans SMSF business director

HARRISON WORLEY  |  THURSDAY, 22 AUG 2019
... Perth-based business which Goldenberg was the sole director of. Superfunded - as ASIC explained when applying to the Federal Court for permission to appoint a liquidator last year - was a self-managed super fund business which allowed clients to access ...

Member takes $50 billion industry fund to court

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUL 2018
An individual member is taking a $50 billion superannuation fund to the Federal Court for failure to disclose its exposure to climate change risk and preventative actions. Mark McVeigh, a 23-year-old Rest member, is taking the fund to court over claims ...

CBA climate risk court case abandoned

JAMIE WILLIAMSON  |  FRIDAY, 22 SEP 2017
Shareholders attempting to take the Commonwealth Bank to the Federal Court for historically failing to disclose climate change risks in its annual reports have withdrawn the claim. Legal correspondence between social justice group Environmental Justice ...

Westpac faces lending practices breach: ASIC

KARREN VERGARA  |  THURSDAY, 2 MAR 2017
The Australian Securities and Investment Commission is taking Westpac to the Federal Court for allegedly breaching home-loan responsible lending practices. Between December 2011 and March 2015, the regulator claims Westpac failed to properly assess ...

ASIC catches Camelot Derivatives

ASIC RELEASE  |  TUESDAY, 8 FEB 2011
... and the Australian Securities and Investments Commission Act 2001. The matter is scheduled to return to the Federal Court for further directions on 29 April 2011. The interim orders will remain in force until further order.