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Showing 471 - 480 of 4091 results for "Conduct"

Government proposes framework for clearing and settlement services regulation

ANDREW MCKEAN  |  WEDNESDAY, 17 JAN 2024
... under the authority of assistant treasurer Stephen Jones, outlines the framework for ASIC to enforce rules governing the conduct and activities of CS facility licensees and associated entities. However, the imposition of such requirements is contingent ...

Treasury releases climate disclosure draft legislation

RACHEL ALEMBAKIS  |  TUESDAY, 16 JAN 2024
... enforcement. We trust ASIC to take action based on the public interest." Much like the Modern Slavery Act, the government will conduct a review of climate disclosure requirements 2028-29. The review will be led by Treasury, working with the Council of ...

Centuria REIT valuation dives $124m

JAMIE WILLIAMSON  |  FRIDAY, 12 JAN 2024
About $124 million has been shaved off the value of Centuria's Office REIT. Conducting its half-year external valuations, Centuria Office REIT had 12 of its 22 investment properties - about 49% by value - reviewed as at 2023 end. It said the result ...

Court fines Linchpin, Endeavour directors

KARREN VERGARA  |  THURSDAY, 11 JAN 2024
... to achieve the objective of specific deterrence." Further, Judge Cheeseman said that Daly "lacks real insight into his conduct and in substance has demonstrated limited remorse". Nielsen, Raftery and Williams have also agreed to each pay $175,000 towards ...

Macquarie Wrap rolls out new features for advisers

ANDREW MCKEAN  |  TUESDAY, 9 JAN 2024
Macquarie introduced new digital features and security enhancements on Macquarie Wrap, including account-level performance reporting and a live chat function in Adviser Online. The platform's updated account-level performance reporting functionality ...

Insignia Financial class action dismissed by court

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2024
... management. The group was accused of breaching its continuous disclosure obligations and engaging in misleading and deceptive conduct between March 2014 and July 2015 because it did not disclose to the market material information that it was or ought ...

ASIC permanently bans adviser who stole client funds

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2024
... services. Between May 2017 and June 2022, Pagliaccio was found to have engaged in dishonest and deceptive and misleading conduct related to a financial product or service. At the time, he was the director of Veridian Securities and Veridian Markets ...

ASIC extends intervention orders against predatory lenders

CHLOE WALKER  |  MONDAY, 8 JAN 2024
... targeting vulnerable consumers is an ongoing priority of ASIC, and we will continue to intervene to address this type of conduct," she said.

Court finds Canna Campbell infringed trademark

KARREN VERGARA  |  MONDAY, 8 JAN 2024
... he invited both parties to make submissions on these areas. Korolak is taking further action by raising Campbell's conduct with the Financial Advice Association Australia (FAAA). As a licensed financial planner and member of FAAA, Campbell is bound ...

Former director sentenced to over four years imprisonment

ANDREW MCKEAN  |  THURSDAY, 21 DEC 2023
... Naseeruddin has been sentenced to four years and four months in prison following his guilty plea to charges of dishonest conduct and failure to discharge duties in good faith. Naseeruddin goaded investors to rollover their superannuation monies into ...