Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 461 - 470 of 683 results for "Proceedings"

As clear as it gets

BENJAMIN ONG  |  WEDNESDAY, 27 SEP 2017
... inflation environment is due to "temporary, idiosyncratic factors." At the other extreme are those who favour a hold on proceedings because as Minneapolis Fed president Neel Kaskari asks: "...if you don't have any inflation why raise rates?" And then ...

CBA climate risk court case abandoned

JAMIE WILLIAMSON  |  FRIDAY, 22 SEP 2017
... between social justice group Environmental Justice Australia and CBA over an eight month period climaxed with EJA filing proceedings in the Federal Court against the bank on 8 August. The group was fighting on behalf of CBA shareholders to have the bank's ...

CBA class action moves forward

KARREN VERGARA  |  TUESDAY, 5 SEP 2017
... life insurance business, CBA said. The bank also confirmed yesterday it will file its defence to the civil penalty proceedings initiated by AUSTRAC by December 15. AUSTRAC will file its response by 16 March 2018. CBA said its board of directors will ...

Treasurer backs APRA's CBA probe

KARREN VERGARA  |  THURSDAY, 31 AUG 2017
... conduct an independent inquiry into CBA's governance and accountability frameworks, following AUSTRAC initiating legal proceedings for anti-money laundering allegations. In terms of appropriate action, he warned that "all options are on the table." It's ...

CBA commits to bond-structured climate change solutions

EMMA RAPAPORT  |  WEDNESDAY, 30 AUG 2017
... fighting for a climate change risk management to be embedded into the bank's constitution, and follow shareholder court proceedings against the bank over its alleged failure to consider climate change as a "material business risk." The claim alleges ...

APRA launches inquiry into CBA

EMMA RAPAPORT  |  MONDAY, 28 AUG 2017
... actions Andrew Watson alleged CBA shareholders suffered a significant share price drop in light of AUSTRAC's legal proceedings against the bank. "The AUSTRAC allegations are extensive and it is astounding that the market would not be advised of such ...

CBA faces shareholder class action

ALEX BURKE  |  WEDNESDAY, 23 AUG 2017
... Maurice Blackburn noted that shareholders had suffered a "significant share price drop" in light of AUSTRAC's legal proceedings against the bank. Maurice Blackburn national head of class actions Andrew Watson explained: "AUSTRAC alleges that CBA contravened ...

ASIC links previously banned adviser to court proceedings

EMMA RAPAPORT  |  WEDNESDAY, 16 AUG 2017
A previously banned adviser has been added to ASIC's proceedings against Wealth and Risk Management and its related companies following a successful Federal Court application. Joshua Fuoco, owner of WRM and its related companies Yes FP and Jeca (trading ...

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 senior executives forego bonuses

EMMA RAPAPORT  |  TUESDAY, 8 AUG 2017
... consideration the heightened public interest in executive remuneration, particularly having regard to the civil penalty proceedings initiated last week by the Australian Transaction Reports and Analysis Centre (AUSTRAC). "In advance of the presentation ...