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Showing 21 - 30 of 65 results for "Downing Centre Local Court"

Pershing convicted for client breaches

ANNABELLE DICKSON  |  THURSDAY, 6 AUG 2020
... prosecuted over breaching client money obligations. The BNY Mellon subsidiary pleaded guilty in Sydney's Downing Centre Local Court and was ordered to pay a $40,000 penalty. ASIC alleged that the company failed to comply with client money obligations ...

Sam Henderson in court over phantom degree

KANIKA SOOD  |  WEDNESDAY, 10 JUN 2020
... that he held a Master of Commerce (Financial Planning)," ASIC said. The charges were mentioned at the Downing Centre Local Court yesterday. Henderson did not enter a guilty plea and the matter will be next heard on August 4. The Commonwealth Director ...

AFSL pleads guilty to mishandling client money

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
... monies, and has pleaded guilty. Pershing Securities Australia Pty Ltd (PSAL) pleaded guilty at the Downing Centre Local Court in Sydney to mishandling client monies after ASIC laid charges following an investigation. Pershing now faces a sentencing on ...

CommInsure cops $700k hawking fine

HARRISON WORLEY  |  THURSDAY, 28 NOV 2019
... penalty would have been $10,962,000. In handing down her sentence, Magistrate Atkinson of Sydney's Downing Centre Local Court said there was a "significant need for deterrence" and added those who market and sell insurance products "must ensure that ...

ASIC drags former adviser to court

HARRISON WORLEY  |  THURSDAY, 17 OCT 2019
... $1.865 million. The court adjourned the matter until December 17, when it will then be mentioned in the Downing Centre Local Court in Sydney. In January the Federal Court slammed Miller with a 25-year ban for advising SMSFs and other CFS Private Wealth ...

CommInsure charged over hawking

HARRISON WORLEY  |  FRIDAY, 4 OCT 2019
... breaches of anti-hawking provisions to ASIC." The case will be first mentioned on November 19 at the Downing Centre Local Court in Sydney. CommInsure was recently sold to Hong Kong-based insurance giant AIA, though delays in the deal's completion ...

ASIC bans adviser over super theft

ELIZABETH MCARTHUR  |  THURSDAY, 23 MAY 2019
... lodged by liquidators to make its decision to ban McSweeny. In December last year, McSweeny appeared in Downing Centre Local Court in Sydney facing 20 charges related to conduct while he was director of one of the 14 companies, Wealth Achievers. It was ...

Former adviser charged over super theft

JAMIE WILLIAMSON  |  WEDNESDAY, 19 DEC 2018
... offences after stealing clients' superannuation savings for his own use. Daniel McSweeny appeared in Downing Centre Local Court in Sydney this week facing 20 charges relating to dishonest conduct while he was director of Wealth Achievers. It is alleged ...

Charges laid in ANZ criminal cartel conduct case

KANIKA SOOD  |  TUESDAY, 5 JUN 2018
... basis the bank intends to defend both the company and our employee." The matter is listed before the Downing Centre Local Court in Sydney on 3 July 2018.

ASIC employee faces court

KERRIE SYDEE  |  FRIDAY, 11 NOV 2016
An ASIC employee has faced Sydney's Downing Centre Local Court faced with two charges following an investigation by the Australian Federal Police. Mahmoud Daher was charged with unauthorised access to restricted data contrary to subsection 478.1(1) ...