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Showing 381 - 390 of 921 results for "Failing"

Investors welcome Rio resignations

ELIZA BAVIN  |  FRIDAY, 11 SEP 2020
Chief executive of Rio Tinto, Jean-Sebastien Jacques, will step down following pressure from investors and indigenous leaders over the destruction of the Juukan Gorge in May. Rio Tinto said the decision was made following the board review of the company's ...

ASIC can use RC evidence in RI Advice case

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 SEP 2020
... Royal Commission is ongoing. Separately, ASIC recently commenced proceedings in the Federal Court against RI Advice for failing to have adequate cyber security systems.

Banks to be questioned on COVID-19 response

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
The big four banks are set to face the House of Representatives Economics Committee to discuss their response to the COVID-19 pandemic. Committee chair Tim Wilson said the hearings are part of the parliament's role in publicly scrutinising and holding ...

Law firm summarises report AMP won't release

ELIZABETH MCARTHUR  |  MONDAY, 31 AUG 2020
... these are actually two separate and serious incidents of harassment. Bornstein also criticised the findings document as failing to consider the extended course of unwelcome sexual conduct, robbing incidents of their context. And, Bornstein pointed out ...

ASIC takes action against RI Advice

ELIZABETH MCARTHUR  |  FRIDAY, 21 AUG 2020
ASIC has commenced proceedings in the Federal Court against RI Advice for failing to have adequate cyber security systems. ASIC said its action is in response to a number of alleged cyber security breaches through authorised representatives of RI Advice. ...

Chief economist update: Worse news is better news

BENJAMIN ONG  |  THURSDAY, 20 AUG 2020
... yesterday But not as much as tomorrow..." - Spiral Starecase The S&P 500 index closed 0.4% lower to 3374.85 points overnight, failing to push above the previous trading day's record high finish of 3389.78 points... but not before hitting a fresh ...

ERS scheme referred to Auditor-General

ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
The Labor party has referred the government's Early Release of Superannuation scheme to the Auditor-General, citing administrative failures. Shadow Assistant Treasurer Stephen Jones sent the letter to the Auditor-General Grant Hehir asking him to review ...

Westpac discovers additional transaction irregularities

ALLY SELBY  |  TUESDAY, 28 JUL 2020
Westpac's money laundering woes continue to worsen, with the bank today announcing it has uncovered hundreds of thousands of additional transactions of $10,000 or more that are "incomplete or inaccurate" to AUSTRAC. After further investigation, the ...

Non-bank lender winds up fund

KANIKA SOOD  |  THURSDAY, 23 JUL 2020
A $5 million fund that invested in personal loans is winding up, after failing to achieve sufficient scale. The DirectMoney Personal Loan Fund invested in fixed-rate unsecured personal loans originated by non-bank lender Wisr Investment Management. ...

Forex Capital to face Federal Court

ALLY SELBY  |  FRIDAY, 17 JUL 2020
... licence, contravened its obligations under s912A of the Corporations Act," the corporate watchdog said. "This includes failing to do all things necessary to ensure that the financial services covered by the AFS licence were provided efficiently, honestly ...