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Showing 411 - 420 of 3705 results for "Order"

Provide Capital ordered to produce documents

CASSANDRA BALDINI  |  THURSDAY, 5 OCT 2023
... Act. The argument around jurisdiction was rejected by the court. Justice O'Bryan said: "I am also satisfied that an order requiring Provide to produce documents in accordance with categories 1, 2, 3 and 12 of the schedule to the notice should be ...

Future Fund slapped with new disclosure rules

ANDREW MCKEAN  |  WEDNESDAY, 4 OCT 2023
The Future Fund Board of Guardians will be forced to periodically disclose the investment holdings of the $250 billion sovereign wealth fund. Under the new reporting regime introduced by minister for finance Katy Gallagher, additional information must ...

AZ NGA acquires stake in $1bn advice firm

KARREN VERGARA  |  WEDNESDAY, 4 OCT 2023
... high-net-worth investors. MacMillan said: "We had grown to a certain size, mainly organically, but we recognised that, in order to achieve our goals, we needed additional firepower." "AZ NGA brings that firepower. We want to have a boutique office in ...

Betashares carves slice of superannuation pie

CHLOE WALKER, JAMIE WILLIAMSON  |  WEDNESDAY, 27 SEP 2023
... expand the super business' existing investment offering, as well as add further financial education and member tools in order to position the fund for sustainable growth, Vynokur confirmed. "For most Australians, superannuation is the largest asset ...

ANZ hit with $15m penalty for misleading customers

ANDREW MCKEAN  |  TUESDAY, 26 SEP 2023
ANZ Bank has been ordered to pay $15 million by the Federal Court for misleading customers over the funds available to them in select credit card accounts. The Court found that ANZ breached both the ASIC and the National Consumer Credit Protection Act ...

US regulator fines DWS US$25m for greenwashing, AML offences

RACHEL ALEMBAKIS  |  TUESDAY, 26 SEP 2023
... who is head of the SEC's Climate and ESG Task Force. "Here, DWS advertised that ESG was in its "DNA," but, as the SEC's order finds, its investment professionals failed to follow the ESG investment processes that it marketed." Relating to the AML allegations ...

BNP Paribas wins UniSuper mandate

CHLOE WALKER  |  TUESDAY, 26 SEP 2023
... obligations, which require financial institutions to post collateral to back up their non-cleared OTC derivatives trades in order to mitigate counterparty risk. The mandate compliments the existing relationship between UniSuper and BNP Paribas, which ...

NextGen Financial Group forced into liquidation

KARREN VERGARA  |  MONDAY, 25 SEP 2023
... NextGen to pay $270,523.67 to WJ & V Drakoulis Super. NextGen agreed to pay the amount within 28 days after accepting the order on 24 November 2022, but did not. The trustee took the case to Federal Court and on July 12, Justice O'Callaghan sided ...

NAB to pay $2.1m for knowingly overcharging customers

JAMIE WILLIAMSON  |  FRIDAY, 22 SEP 2023
NAB will pay $2.1 million in a fine issued by the Federal Court over knowingly overcharging customers certain fees and failing to tell them. The court has ordered the bank pay the penalty for continuing to charge periodic payment fees it knew was not ...

No bubble risk in Sydney housing market: UBS

CHLOE WALKER  |  THURSDAY, 21 SEP 2023
... home of that size near the city. An apartment of that size would also need to be rented out for an average of 29 years in order to be paid off.