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Showing 541 - 550 of 4470 results for "Case"

Massive crypto Ponzi scheme unravels

KARREN VERGARA  |  TUESDAY, 30 JAN 2024
... allure of profits from crypto asset mining, but the only thing that HyperFund mined was its investors' pockets." "This case illustrates yet again how noncompliance in the crypto space facilitates schemes where promoters capitalise on the promise ...

ASIC files contempt orders against repeat offender

CHLOE WALKER  |  MONDAY, 29 JAN 2024
... and credit licenses were cancelled in November 2018, and the company was fined $9 million. ASIC called the Financial Circle case a "sequel" to the WRM [injunction] proceedings of 2017. The current matter has not yet been listed for its first appearance ...

Emerging markets well placed for 2024

CHLOE WALKER  |  FRIDAY, 19 JAN 2024
... said, leaves the space exhibiting some of the highest levels of real and nominal yields of the past 20 years. "We make the case that this combination of fair fundamentals, well identified risks, ultra-low ownership by still doubtful global investors ...

Experts expect the RBA to hold: Finder

CHLOE WALKER  |  MONDAY, 15 JAN 2024
... Bloxham said. "By the second half of the year, the risk gets larger that cuts could arrive... but this is not our central case." Janus Henderson fixed interest strategist Emma Lawson noted that most G10 markets (meaning the markets which are most heavily ...

Court fines Linchpin, Endeavour directors

KARREN VERGARA  |  THURSDAY, 11 JAN 2024
... associated with the contested hearings. Commenting on the latest decision, ASIC deputy chair Sarah Court said: "ASIC took this case because we believed reasonable steps were not being taken by the directors to comply with their own compliance plan and ...

Bragg proposes super fund reforms to protect retail investors

ANDREW MCKEAN  |  WEDNESDAY, 10 JAN 2024
... investors to protect the interests of small investors would be known," Bragg said. He cited the AustralianSuper and Origin case as an example where the proposed changes could've facilitated detailed interaction between major and minor shareholders ...

Investors livid over fresh portfolio valuation: Mayfair 101

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2024
... seen some small wins recently. In November 2023 ASIC was ordered to pay Mawhinney's costs in its bid to bring an expanded case against him which was rejected by the Federal Court a month earlier. The Federal Court will re-hear the case in a two-week ...

AFCA reports unprecedented complaint spike

ANDREW MCKEAN  |  TUESDAY, 9 JAN 2024
The Australian Financial Complaints Authority (AFCA) received a record 102,790 complaints from consumers and small businesses unable to resolve disputes with financial firms in 2023. This marks the first time Australia's financial dispute resolution ...

AFCA amends consumer compensation caps

KARREN VERGARA  |  TUESDAY, 9 JAN 2024
The Australian Financial Complaints Authority (AFCA) has revised the maximum amount consumers can claim for compensation. As of 1 January 2024, the maximum compensation amount a complainant can apply for is $1.263 million, which was previously $1.085 ...

Court finds Canna Campbell infringed trademark

KARREN VERGARA  |  MONDAY, 8 JAN 2024
... the flimsy explanations she proffered to justify her unethical and unlawful actions," Korolak said. In the lead up to the case that went to the court in 2021, Campbell ignored Korolak's requests to cease and desist from her solicitor, as well as ...