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Showing 21 - 28 of 28 results for "Federal Court proceedings"

CBA contemplates CommInsure sale

ALEX BURKE  |  WEDNESDAY, 9 AUG 2017
... outlook, the results presentation was marred somewhat by the recent news that AUSTRAC has initiated Federal Court proceedings against the bank, alleging that CBA contravened the Anti-Money Laundering and Counter-Terrorism Financing Act 2006. CBA acknowledged ...

CBA blames reporting failure on software error

EMMA RAPAPORT  |  MONDAY, 7 AUG 2017
... existing weaknesses, but also to meet the growing complexity in this area." On Friday, AUSTRAC initiated Federal Court proceedings against the bank, alleging that CBA contravened the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 more ...

CBA faces anti-money laundering allegations

EMMA RAPAPORT  |  FRIDAY, 4 AUG 2017
... laundering and counter-terrorism law. Financial intelligence and regulatory agency AUSTRAC has initiated Federal Court proceedings against the bank, alleging that CBA contravened the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 more ...

Challenger negotiates Care Annuity compromise

JAMES FERNYHOUGH  |  THURSDAY, 18 DEC 2014
... with the DSS to develop a new Care product. As a result of the back down, Challenger has withdrawn its Federal Court proceedings against the government. The hearing due today will no longer take place. Challenger chief executive Brian Benari said: "This ...

Swift resolution sought on Storm trial

MELANIE TIMBRELL  |  WEDNESDAY, 5 SEP 2012
... Commonwealth Bank, Macquarie and Bank of Queensland are expected to hold an emergency meeting tomorrow ahead of Federal Court proceedings on the 2008 collapse of Storm Financial. The meeting will attempt to negotiate a swift resolution to the trial ...

ASIC strikes $67.45m in Westpoint settlement

MATT WOODINGTON  |  WEDNESDAY, 2 FEB 2011
... loss, the settlement will at least negate the need for a trial in September and end the regulator's Federal Court proceedings on behalf of nine Westpoint mezzanine companies. "A confidential commercial resolution is, because of the age and circumstances ...

ASIC bans SMSF adviser

... injunctions permanently restraining Manito and Preston in December 2004. The regulator issues further federal court proceedings against Preston and SRS after 34 Melbourne clients were recently approached by SRS to have their superannuation rolled into ...

ASIC obtains undertakings following Federal Court proceedings

The Australian Securities and Investments Commission (ASIC) has obtained undertakings from Henry Kaye and Alan Meagher, of National Investment Institute Pty Ltd (NII) and Novasource Consulting Pty Ltd, following proceedings commenced in the Federal ...
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