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Showing 351 - 360 of 1334 results for "Corporations"

Virtual company meetings to stay

ANNABELLE DICKSON  |  FRIDAY, 25 JUN 2021
... introduced draft exposure legislation that will allow companies to use technology in meetings while satisfying the Corporations Act 2001 requirements. These reforms make the temporary measures put in place during the COVID-19 pandemic permanent, where ...

ASIC fines trading firm

ANNABELLE DICKSON  |  WEDNESDAY, 23 JUN 2021
... Rules (Futures Markets) 2017, whereby a market participant ensures compliance with market integrity rules and the Corporations Act. The MDP found that Life Trading did not have appropriate supervisory policies and procedures from the time it became a ...

ASIC takes on NAB for fee-for-no service breaches

KARREN VERGARA  |  FRIDAY, 18 JUN 2021
... In 2018, the Hayne Royal Commission heard NAB and its two trustees, NULIS Nominees and MLC Nominees, breached the Corporations Act and Superannuation Industry Act with respect to plan service fees (PSF) and adviser service fees charged that rendered ...

AAT dismisses adviser ban appeal

KARREN VERGARA  |  THURSDAY, 17 JUN 2021
... Hutchison did not engage in dishonest conduct or misleading or deceptive conduct based on its interpretations of the Corporations Act. ASIC then appealed the AAT's decision to the Federal Court on 13 July 2020. The Federal Court upheld ASIC's ...

ASX200 sexual harassment transparency needed: ACSI

ANNABELLE DICKSON  |  THURSDAY, 17 JUN 2021
... to workplace sexual harassment," she said. "The report's recommendations offer a blueprint for Australia's largest corporations to reduce the prevalence of sexual harassment in their workplaces and build safer, more equal workplaces for all." Davidson ...

Forex CT cops $20 million fine

ANNABELLE DICKSON  |  WEDNESDAY, 2 JUN 2021
... by clients support the imposition of a significant pecuniary penalty". Yoshai has also been banned from managing corporations for eight years, along with his 10-year ban from engaging in financial services. The court found Forex CT failed to do all things ...

Class action consultation opens

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
... consulting on the recommendations for litigation funding and class actions. The Parliamentary Joint Committee on Corporations and Financial Services Report Litigation funding and the regulation of the class action industry, which was handed down on 21 ...

AMP sued for charging dead clients

JAMIE WILLIAMSON  |  THURSDAY, 27 MAY 2021
... the circumstances, unconscionable," ASIC said. ASIC is seeking declarations of contraventions of the ASIC Act and Corporations Act, and is also seeking pecuniary penalties and other orders to be made by the court. AMP acknowledged the action and said ...

ASIC cancels AFSLs

ANNABELLE DICKSON  |  TUESDAY, 25 MAY 2021
... its Australian credit licence (ACL). Direct My Wealth also failed to maintain its membership with AFCA. "Under the Corporations Act 2001 and National Consumer Credit Protection Act 2009, ASIC may suspend or cancel an AFSL and ACL if the licensee is no ...

ASIC takes action against Equiti

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
... 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 FS paid three advisers bonuses worth $164,750 ...