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Showing 11 - 20 of 407 results for "Justice"

HSBC Bank fined $35m in landmark scam-protection failures

KARREN VERGARA  |  FRIDAY, 19 JUN 2026
... widespread and systemic failures in protecting customers from scams. Following a Federal Court hearing in Melbourne on June 18, Justice Bennett handed down the penalty and ordered HSBC to publish adverse publicity notices across its website, mobile app ...

Former fund manager admits to obstructing SEC probe

KARREN VERGARA  |  TUESDAY, 16 JUN 2026
... who were not aware that Leech was causing them losses to favour others. Leech pleaded guilty to one count of obstructing justice, which carries a maximum sentence of five years' imprisonment. The sentencing is scheduled for September 21. Buckley added ...

ASIC secures record $300m penalty over 'egregious' CFD misconduct

VINNY VUCAGO  |  MONDAY, 15 JUN 2026
... representatives. ASIC described the court action as one of the most serious cases of financial services misconduct it has pursued. Justice Michael Wigney ordered penalties of $156.7 million against Union Standard, $114.1 million against Maxi EFX Global ...

Treasury considers reward system for whistleblowers

RIDDHIMA TALWANI  |  WEDNESDAY, 3 JUN 2026
... on issues which may otherwise go undetected." The terms of reference include consideration of whistleblowers' access to justice, and the effectiveness of the regimes in incentivising whistleblowing and disincentivising misconduct, Mulino added. "Corporate ...

Westpac fined $26m for financial hardship neglect

KARREN VERGARA  |  WEDNESDAY, 27 MAY 2026
... St George Bank, Bank SA and Bank of Melbourne. Westpac blamed the oversight on "technology failure". On the contrary, Justice McEvoy said, "while the contraventions were not suggested to be deliberate and arose instead from inadequate systems and operational ...

Combating modern slavery difficult but not impossible: RIAA

KARREN VERGARA  |  MONDAY, 18 MAY 2026
... in relation to the Modern Slavery Act, with potential changes to the Act in the future." A new report from the Migrant Justice Institute calls out the superannuation sector as one hotbed that helps obfuscate the underpayment of migrant workers and aids ...

InterPrac targets First Guardian victim, disputes AFCA ruling

KARREN VERGARA  |  FRIDAY, 15 MAY 2026
... complaints and compensation system. She also spearheads the SOS Save Our Super website, an advocacy group fighting for justice for victims. "In my view, the fact that victims are now being dragged into Federal Court proceedings simply to defend AFCA ...

Law blocking abusers hiding super assets passes parliament

VINNY VUCAGO  |  FRIDAY, 15 MAY 2026
... said convicted perpetrators would no longer be able to "misuse the super system to put themselves beyond the reach of justice.". ASFA said it worked with Treasury during consultation and advocated for stronger powers allowing regulators to secure offenders' ...

NZ Super 'accepts' court loss, updates policy

ELIZA BAVIN  |  THURSDAY, 14 MAY 2026
... documents were not formulated in accordance with the relevant statutory requirements. In a decision published on 16 May 2026, Justice Mount said parts of the Guardians' Statement of Investment Policies, Standards & Procedures and its Sustainable Investment ...

Law blocking abusers from hiding assets in super enters parliament

ELIZA BAVIN  |  WEDNESDAY, 25 MAR 2026
... victim-survivors. "We have listened to the survivors and advocates who have a been calling for strong accountability and justice for a long time," Mulino said. "The Albanese Government will establish the principle that convicted perpetrators cannot use ...