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Showing 311 - 320 of 2512 results for "Court"

ASIC sues NAB for failing customers

ELIZA BAVIN  |  MONDAY, 18 NOV 2024
... Securities and Investments Commission (ASIC) has filed proceedings against National Australia Bank (NAB) in the Federal Court. ASIC alleges NAB failed 345 of its customers at their most vulnerable when they applied for hardship support from the bank. ...

ASX files defence against ASIC proceedings

ELIZA BAVIN  |  FRIDAY, 15 NOV 2024
... CHESS replacement project. The ASX filed a Concise Statement in response to the proceedings brought by ASIC in the Federal Court on August 13. ASIC has alleged that the ASX made statements on 10 February 2022 relating to the previous CHESS replacement ...

ASIC escalates super fund enforcement in 2025

KARREN VERGARA  |  FRIDAY, 15 NOV 2024
... the corporate regulator heightened its focused on the superannuation sector throughout the year, ASIC deputy chair Sarah Court forewarned this will only intensify in 2025. For one, ASIC will add a new priority in 2025 which it describes broadly as "misconduct ...

AFCA names and shames in fresh Datacube release

ELIZA BAVIN  |  THURSDAY, 14 NOV 2024
... insurance, and 455 to do with death benefits distribution. The fresh data comes as Cbus is facing proceedings in the Federal Court over delays in paying death benefits. Datacube reveals that while Cbus had 48 death benefit distribution complaints progress ...

Bragg calls for Cbus to front Senate

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... putting their profits before people." Bragg's comments come after ASIC launched legal proceedings against Cbus in the Federal Court yesterday over delays in processing insurance claims. ASIC alleges some 7713 TPD were impacted, 4366 of which took more ...

ASIC sues Cbus over insurance claim delays: 'We're sorry'

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
ASIC has launched legal proceedings against Cbus over delays in the processing of insurance claims made by members. Court documents were filed by ASIC in the Federal Court today, alleging members were impacted by delays to death and TPD claims processing ...

'No alternative': ESSSuper sues Iress

JAMIE WILLIAMSON  |  MONDAY, 11 NOV 2024
... and breaches since they partnered which have had a material impact on the fund and its members. ESSSuper has filed Federal Court proceedings against Iress and its Financial Synergy Holdings subsidiary, claiming material breaches of contract and pre-contractual ...

ASIC chair defends Chairman's Lounge memberships

JAMIE WILLIAMSON  |  THURSDAY, 7 NOV 2024
... Appearing before the Economics Legislation Committee today, chair Joe Longo - who appeared alongside deputy chair Sarah Court, commissioners Alan Kirkland and Simone Constant and others - was asked whether he has ever received flight upgrades from Qantas ...

Federal Court quashes case against ex-Dixon Advisory director

ANDREW MCKEAN  |  WEDNESDAY, 6 NOV 2024
The Federal Court has dealt ASIC a legal blow, dismissing its case against former Dixon Advisory director Paul Ryan and ordering the corporate regulator to cover his legal costs. The regulator accused Ryan of contravening his statutory duties as a director ...

Federal Court appoints receivers to ALAMMC Developments

ANDREW MCKEAN  |  TUESDAY, 5 NOV 2024
The Federal Court has made orders appointing receivers of the property of ALAMMC Developments and a sundry of related corporate entities a few months on from freezing the assets of company director David McWilliams. The receivers, Helen Newman and Andrew ...