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Showing 401 - 410 of 683 results for "Proceedings"

Royal Commission: And that is a wrap

KANIKA SOOD  |  FRIDAY, 30 NOV 2018
... at Melbourne's Commonwealth law courts and Sydney's family and federal courts, and journalists who reported on the proceedings. "The Commission has not sought to influence how the media has reported. We've not backgrounded, we've not provided ...

Court fines stockbroker $350k

KARREN VERGARA  |  THURSDAY, 22 NOV 2018
... but did dismissed it. After State One failed to comply with the infringement notice, ASIC commenced civil penalty proceedings against it on 21 November 2016. ASIC Commissioner Cathie Armour said the Market Integrity Rules are vital to ensuring that Australia's ...

New terms for early super access receives mixed reaction

KARREN VERGARA  |  WEDNESDAY, 21 NOV 2018
... circumstances of domestic and family violence, as well as improving the visibility of superannuation assets in family law proceedings. "We support the development of tools that assist parties to create super splitting orders, including a tool to look ...

Trust in advice hits record low

JAMIE WILLIAMSON  |  MONDAY, 12 NOV 2018
... media. Two-thirds of Australians reported being aware of the inquiry, while about 25% said they have been following the proceedings closely. "The trust impact of the Royal Commission is real, and the financial advice industry must take proactive measures ...

Melbourne AFSL pays $9 million in fines

KANIKA SOOD  |  MONDAY, 5 NOV 2018
... against Financial Circle, ASIC called the Financial Circle case a "sequel" to Wealth Risk Management [injunction] proceedings of 2017. That case was settled in February this year with a $7.8 million fine from the Federal Court. Court documents from January ...

NAB signals more bad advice remediation

KARREN VERGARA  |  THURSDAY, 1 NOV 2018
... and total costs associated with this matter remain uncertain," NAB said. In addition, ASIC commenced Federal Court proceedings on 6 September 2018 against NULIS Nominees and MLC Nominees in relation to PSF. NAB has factored the outcome of this event ...

Enforceable undertakings are effective: Research

KARREN VERGARA  |  FRIDAY, 26 OCT 2018
... last decade. APRA prefers not to escalate matters to the administrative appeals tribunal (AAT) or the courts because proceedings take too long, she said. ASIC's favourite method of tackling misconduct - enforceable undertakings - came under fire ...

NAB, MLC face class action

JAMIE WILLIAMSON  |  THURSDAY, 27 SEP 2018
Class action proceedings have been filed against NAB and MLC for the sale of worthless consumer credit insurance. The two companies will face Slater and Gordon in Federal Court after the law firm officially filed proceedings. Slater and Gordon allege ...

DomaCom concludes Federal Court action

KARREN VERGARA  |  TUESDAY, 25 SEP 2018
Federal Court proceedings supported by DomaCom have concluded, allowing an SMSF to invest in DomaCom's fund even if a related party is a tenant in the underlying property. Last month, the Federal Court found that the sole purpose test was not breached ...

ASIC commences civil action against ANZ

KARREN VERGARA  |  MONDAY, 17 SEP 2018
ASIC has commenced civil penalty proceedings against ANZ for its involvement in an alleged criminal cartel relating to a $2.5 billion institutional share placement in August 2015. ASIC alleged ANZ failed to notify the ASX that $791 million of the $2.5 ...