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Showing 531 - 540 of 566 results for "Civil"

Planners should not face criminal charges: FPA

HAMISH MADDEN  |  MONDAY, 4 JUN 2007
... confirmation of advice already given orally. A criminal sanction should be reserved for serious or substantial wrongdoing; civil sanctions would be far more appropriate for non-disclosure of documents.

ASIC and Citigroup lock horns on insider trading

The Australian Securities and Investments Commission (ASIC) has filed civil penalty proceedings in the Federal Court against Citigroup Global Markets Australia in a landmark case on alleged insider trading activities. Back in August 2005, Citigroup ...

ACT Super to review investment in tobacco and nukes

NICK OLIVER  |  MONDAY, 22 JAN 2007
The ACT Government superannuation fund has investments in tobacco firms, arms manufacturers, uranium producers and the gambling industry, it has been revealed. A list of stocks that the government super fund holds that was released by ACT Treasury revealed ...

Not on our watch: ASIC

... Investments Commission (ASIC) has recorded a 34 per cent increase in action against illegal investment schemes, 90 per cent more civil orders against professional misconduct and enforcement proceedings against 352 companies, all in a year's work for ...

SEC hits fraudulent insurer with $790m penalty

... company in the US to avoid federal prosecution. "Today's action is the result of unprecedented cooperation among criminal and civil regulators in pursuit of a common goal: the protection of investors," said Linda Chatman Thomsen, director of the SEC's ...

Investors get money back from failed mortgage scheme

HAMISH MADDEN  |  WEDNESDAY, 31 MAY 2006
... has made cross-claims against St Paul Insurance Company and QBE Insurance because both had declined to indemnify MDRN for civil liability. The Federal Court directed MDRN to recover against St Paul in the case of one investor and against QBE for the ...

ASIC clarifies its powers

... consumers clarifying its role and powers. The guide details the range of actions available to ASIC, classified as criminal, civil and administrative. It is aimed at making financial service participants more aware of the penalties and enforceable framework ...

ASIC pursues Citigroup for alleged insider trading

... serious allegations that Citigroup Global Markets Australia has engaged in substantial insider trading activity. ASIC filed a civil proceeding in the Federal Court against Citigroup, alleging conflicts of interest breaches and insider trading around ...

Daily economic update

The US trade deficit narrowed to US$64.2 billion in November, from US$68.1 billion in the previous month, and was better than the expected US$66.1 billion. While the narrower trade gap is welcome, it remains the third highest deficit on record. US exports ...

NZ godfather joins B&B board

... practice and leader of the firm's people development processes locally and globally. He holds an MBA from Harvard and a BSc in Civil Engineering from the University of the Witwatersrand. Dortkamp is the chief executive of Rivergum Investors, which is ...