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Showing 341 - 350 of 566 results for "Civil"

Unlicensed financial adviser banned

JAMIE WILLIAMSON  |  TUESDAY, 18 SEP 2018
... the Dutch Fiscal Police are currently pursuing criminal charges against two individuals. ASIC also pursued criminal and civil action against Pousa and IIC, and in April 2018 Pousa was sentenced to 12 months imprisonment. His sentence was suspended on ...

ASIC takes Dover, McMaster to court

JAMIE WILLIAMSON  |  MONDAY, 17 SEP 2018
... Financial Advisers and Terry McMaster for allegedly misleading and deceiving clients. The corporate regulator commenced civil penalty action against the disgraced dealer group and its founder on September 12, in relation to its Client Protection Policy ...

ASIC commences civil action against ANZ

KARREN VERGARA  |  MONDAY, 17 SEP 2018
ASIC has commenced civil penalty proceedings against ANZ for its involvement in an alleged criminal cartel relating to a $2.5 billion institutional share placement in August 2015. ASIC alleged ANZ failed to notify the ASX that $791 million of the $2.5 ...

Australia behind when it comes to pay transparency: AXA IM

HARRISON WORLEY  |  FRIDAY, 14 SEP 2018
... individuals to identify discrepancies in things such as executive remuneration and disclosure." Referring to the recent $700m civil settlement between CBA and AUSTRAC over the bank's contravention of anti-money laundering and counter terrorism laws ...

MLC, NULIS in court over $100m in illegitimate fees

JAMIE WILLIAMSON  |  THURSDAY, 6 SEP 2018
... of NAB - misled members of MLC MasterKey Super products, with the regulator seeking declarations of contravention and a civil penalty. ASIC also claims NULIS and MLC Nominees charged 220,000 members of MLC MasterKey Business and MLC MasterKey Personal ...

Royal Commission challenges super regulators

KARREN VERGARA  |  TUESDAY, 28 AUG 2018
... lack of respect for the regulator and authority on the part of ASIC. Hodge also questioned why ASIC hasn't commenced civil penalty proceedings against NAB. Hodge said ASIC fell short in dealing with ANZ and CBA in relation to offering superannuation ...

ASIC defends enforceable undertakings at Royal Commission

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
... Commssioner Kenneth Hayne asked earlier in the session, alluding to ASIC's negotiation of the EU contract. Why not try for a civil penalty? That's a question Hodge asked of Mullaly in CBA's context. "We had not obtained advice on that. Our ...

Philanthropists should reimagine data management: Research

KARREN VERGARA  |  THURSDAY, 9 AUG 2018
... added. Fay's comments come off the back of new research compiled by Perpetual and The Stanford Center on Philanthropy and Civil Society, which shows mismanagement of data is a major concern for the sector. Social media platforms, the survey said ...

IMF Bentham eyes potential Facebook, Cambridge Analytica goldmine

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JUL 2018
... IMF Bentham highlighted that compensation for affected Facebook users may not result if the Commissioner opts to enforce a civil penalty against one or more of the entities named in the complaint. As such, IMF Bentham has confirmed it will consider the ...

Chief economist update: Fed funds at five point O

BENJAMIN ONG  |  TUESDAY, 10 JUL 2018
The absence of fresh threat tweets from the US president has allowed me to take a fresh look at the US non-farm payrolls report released over the weekend. It was good. Nah, it was excellent, the stuff of every central bank's dream. US non-farm payrolls ...