Search Results | Showing 381 - 390 of 663 results for "Penalty" |
| | | ASIC has launched civil penalty proceedings against NAB in the Federal Court over fees-for-no-service, which the bank continued to charge after the Royal Commission. The corporate regulator is seeking to find NAB made several thousand contraventions ... |
| | | | ... of the federal securities laws and agreed to be permanently barred from the securities industry. He will have to pay a penalty of $62 million (US$43.7 million), which has been partially offset by amounts already paid in relation to parallel criminal ... |
| | | | ... ASIC is seeking civil penalties for TAL's alleged breach of section 12DB of the ASIC Act - which attracts a maximum penalty of 10,000 penalty units or $1.7 million. This is in addition to "declarations" in relation to section 12DA of the act, section ... |
| | | | ... and one count of failing to comply with requirements relating to a client money account. Pershing could face a maximum penalty of $135,000. ASIC alleged that the company failed to comply with client money obligations between June 2016 and December 2018. ... |
| | | | ... ASIC's inquiries raise additional matters of prudential concern." In this instance, APRA is unable to wield its new civil penalty powers under the SIS Act because of the historic nature of the conduct. Avanteos self-reported its breaches to APRA ... |
| | | | ... from retail investors pursuant to the alleged defective PDSs. Each of the alleged breaches carries a maximum possible penalty of $200,000. |
| | | | ... save more money for retirement. The HELPER Act will allow US citizens to take up to $5250 from a 401(K) or IRA, tax and penalty free, to pay off student loans or pay tuition costs. With student debt levels in the US at their highest, the plan would also ... |
| | | | ... insurers engaging in poor sales conduct, noting its successful court case against CommInsure which last week drew a $700,000 penalty after the firm plead guilty to 87 counts of unlawful life insurance hawking. In February 2018, an ASIC review of ClearView's ... |
| | | | ... in whatever they choose to, that being one of the main reasons someone would have an SMSF... Still, it did outline the penalty for not meeting requirements," Dunn said. That penalty is $4200, applicable to every individual trustee within the SMSF, to ... |
| | | | ... Corporations Act. The firm made an early guilty plea to the charges earlier this month, which carried a maximum total penalty of $1,848,750. ASIC noted that if the conduct had occurred under the new penalty regime effective from March 2019, the maximum ... |
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