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Showing 481 - 490 of 687 results for "Proceedings"

Super tax reforms take effect

KARREN VERGARA  |  FRIDAY, 16 JUN 2017
... reduce legal complexity, increase certainty for insolvency practitioners and remove unnecessary costs from insolvency proceedings," she said.

ASIC cancels AFSL, bans former executives and fund managers

JAMIE WILLIAMSON  |  TUESDAY, 30 MAY 2017
... amounts in compensation - up to $205,755,601 to investors in the fund - and the majority of ASIC's costs. Overseeing the proceedings, Justice Douglas endorsed ASIC's view that legal requirements were flagrantly ignored, saying the penalties should reflect ...

Stone and Chalk lends voice to start-ups by women

MICHELLE BALTAZAR  |  THURSDAY, 13 APR 2017
... the fintech sector. On last count, less than 13% of start-ups in Australia were founded by women. The host started proceedings by calling on the audience to take on the risk of entrepreneurship. Many women don't want to risk their job security in exchange ...

ASIC wins first court action for FoFA breaches

EMMA RAPAPORT  |  WEDNESDAY, 5 APR 2017
... in the best interests of clients and provide advice that is appropriate," Kell said. In June 2016, ASIC commenced proceedings against NSG in the Federal Court, alleging the company failed to take reasonable steps to ensure that its advisers complied ...

Super funds support PRI statement on slavery

EMMA RAPAPORT  |  FRIDAY, 24 MAR 2017
... there will be negative financial implications, whether it's from increasing regulatory oversight, fines and legal proceedings or staff turnover," Newton said.

Westpac faces lending practices breach: ASIC

KARREN VERGARA  |  THURSDAY, 2 MAR 2017
... period when assessing the borrowers' ability to repay. "Of the seven specific loan applications ASIC references in its proceedings, all loans are currently meeting or ahead in repayments," Westpac said in a media statement. Westpac chief executive, consumer ...

FPA expels and fines dishonest member

EMMA RAPAPORT  |  WEDNESDAY, 15 FEB 2017
... of $16,000, and must pay the costs and expenses of the FPA relating to the FPA's investigating and the disciplinary proceedings in the amount of $12,423.39. Tindall first came to the attention of the FPA in 2014 after the association received a complaint ...

Bus operator fails to pay super

EMMA RAPAPORT  |  MONDAY, 30 JAN 2017
... constituted 'sham contracting' as the workers were not genuinely engaged as independent contractors. "The FWO has commenced proceedings relating to sham contracting in the passenger vehicle industry previously and the allegations put forward in this ...

Adviser appeals ASIC ban

EMMA RAPAPORT, JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2017
... defend a claim against them. As is the case in this circumstance, on one claim the adviser is facing disciplinary proceedings from multiple organisations. This is a substantial burden on an adviser (whether or not they have committed any offence), and ...

FPA expels cheating member

EMMA RAPAPORT  |  THURSDAY, 19 JAN 2017
... concerning Tindall's conduct in late 2013, and following investigations, recommended the commencement of disciplinary proceedings. The FPA alleged that Tindall's conduct amounted to four breaches of the code including the giving of advice in relation ...