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Showing 31 - 40 of 101 results for "Federal Court of Australia"

Westpac served class action

JAMIE WILLIAMSON  |  WEDNESDAY, 18 DEC 2019
... sought, Westpac said. The bank will defend the claims, it said. In November AUSTRAC applied to the Federal Court of Australia for civil penalty orders against Westpac over systemic non-compliance with anti-money laundering and counter-terrorism laws ...

Retail fund faces class action on MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 17 OCT 2019
... action: "CBA acknowledges that class action proceedings have been filed by Maurice Blackburn in the Federal Court of Australia against Colonial First State Investments Limited (CFSIL), a subsidiary of CBA, and a former executive director of CFSIL.The ...

Former IOOF company loses court battle in timber scheme

KANIKA SOOD  |  FRIDAY, 27 SEP 2019
... spokesperson said. IOOF has been contacted for comment on its intention to reappeal. Earlier this month, the Federal Court of Australia ruled that IOOF did not contravene the Superannuation Industry Supervision Act in the case brought against its APRA-regulated ...

Federal Court delivers APRA, IOOF verdict

JAMIE WILLIAMSON  |  FRIDAY, 20 SEP 2019
The Federal Court of Australia has found IOOF did not contravene the Superannuation Industry Supervision Act in the case brought against its APRA-regulated entities by the prudential regulator. The Federal Court has held that IOOF's Investment Management ...

MYEFO: Regulatory funding increases, Budget surplus doubles

DARREN SNYDER  |  MONDAY, 17 DEC 2018
... serious crimes that present the highest risk to Australia's tax and superannuation systems." The Federal Court of Australia will receive $7.7 million over four years from 2018-19 to manage the expected increase in case load as a result of "increased ...

Industry dubious about one regulatory body: Survey

KARREN VERGARA  |  MONDAY, 10 DEC 2018
... was only last week that it decided to take a firm hand and commence proceedings against IOOF in the Federal Court of Australia. APRA chair Wayne Byres recently told the last round of the Royal Commission that the prudential regulator is still uncertain ...

APRA takes action against IOOF

HARRISON WORLEY  |  FRIDAY, 7 DEC 2018
... firm's executive leaders. In a media release this morning, APRA said it had commenced proceedings in the Federal Court of Australia. It seeks to disqualify five individuals, including managing director Chris Kelaher and chair George Venardos. IOOF ...

Frydenberg splashes $50m to pursue financial services crime

HARRISON WORLEY  |  FRIDAY, 16 NOV 2018
... $51.5 million would be provided to the Commonwealth Director of Public Prosecutions (CDPP) and the Federal Court of Australia, in an effort to increase prosecutions of criminal misconduct by financial institutions. The additional funding will help the ...

AIOFP slams FASEA proposals, launches petition

KARREN VERGARA  |  MONDAY, 20 AUG 2018
... board in response to recent controversy. On August 9, ASIC announced it obtained an order from the Federal Court of Australia against Linchpin Capital Group and Endeavour Securities regarding the operation of the Investport Income Opportunity Fund. ASIC ...

Aurora takes acquisition bid to Federal Court

KARREN VERGARA  |  FRIDAY, 3 AUG 2018
Aurora Funds Management will take its acquisition bid for Molopo Energy to the Federal Court of Australia after the Takeovers Panel decided to put the brakes on the transaction. Aurora has applied for a judicial review of the panel's decision, which ...