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Showing 371 - 380 of 566 results for "Civil"

VanEck launches sustainable ETF

KARREN VERGARA  |  MONDAY, 12 FEB 2018
VanEck is set to launch a global equities ETF on the ASX to meet investors' shifting preferences for sustainable options. The VanEck Vectors MSCI International Sustainable Equity ETF, to list under ticker code ESGI, will invest in international companies ...

CBA puts away $500m for regulatory costs

DARREN SNYDER  |  WEDNESDAY, 7 FEB 2018
... contributor the overall business - about 5.5% of all profit. The banking group said it has set aside $375 million for an estimated civil penalty in relation to the ongoing AUSTRAC proceedings in the Federal Court. During the six month period it also ...

CBA embroiled in rate-rigging allegations

KARREN VERGARA  |  WEDNESDAY, 31 JAN 2018
... made by ASIC that it rigged the bank bill swap reference rate (BBSW) and engaged in unconscionable conduct. ASIC initiated civil penalty proceedings yesterday, alleging CBA traded a large number of its products with the intention to influence the BBSW ...

Infrastructure investment needs rethink

DARREN SNYDER  |  WEDNESDAY, 24 JAN 2018
... enough to meet society's changing needs. Thirty-nine percent cited a lack of public funding as one of the key reasons why civil infrastructure is failing to keep pace with society's needs. Ninety percent of respondents believed innovative funding models ...

CBA hit with fresh AML breaches by AUSTRAC

EMMA RAPAPORT  |  FRIDAY, 15 DEC 2017
... machines (IDMs). AUSTRAC chief executive Nicole Rose said the additional alleged contraventions were identified after the civil penalty proceedings were instituted through AUSTRAC's ongoing investigation into CBA. "These allegations are very serious ...

CBA admits to anti-money laundering breaches, AUSTRAC flags new allegations

KARREN VERGARA  |  THURSDAY, 14 DEC 2017
... occasions, and flagged it is bracing itself for new allegations to be handed down by AUSTRAC. In filings submitted in response to civil proceedings commenced by AUSTRAC, the bank said its Intelligent Deposit Machines (IDMs) "did not adequately adhere" ...

Industry fund chair steps down after three decades

EMMA RAPAPORT  |  MONDAY, 27 NOV 2017
Chair of industry super fund BUSSQ is stepping down after 33 years of service to the building, construction and civil services industry. Bob Lette, who has served on the board since the fund's inception in 1984, will be remembered for making a major ...

Financial services industry welcomes 'Yes' result

EMMA RAPAPORT  |  WEDNESDAY, 15 NOV 2017
... J.P. Morgan managing director Janine Middleton, who personally signed a joint letter to the Prime Minister in support of civil marriage equality in March, said that all employees should have the opportunity to perform to the best of their potential - ...

ASIC needs tougher, direct powers: Taskforce

KARREN VERGARA  |  THURSDAY, 9 NOV 2017
... deal with misconduct that occurs in the financial markets and financial services sectors. It proposed huge increases in civil penalties for individuals from $200,000 to $525,000, as well as lengthy prison times. A final report is due at the end of No ...

Fed does the expected, will do as expected

BENJAMIN ONG  |  THURSDAY, 2 NOV 2017
It was the event that wasn't. This event, of course, is the US Federal Reserve's 31 October - 1 November FOMC meeting. The Fed's forward guidance is the same as it was in the 20 September FOMC statement when it announced that it would initiate its balance ...