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Showing 571 - 580 of 687 results for "Proceedings"

Market Wrap - Morning

AAP  |  WEDNESDAY, 8 JUN 2011
... by TEPCO, which rose on an announcement by chief government spokesman Yukio Edano that it should avoid bankruptcy proceedings to ensure compensation to people affected by its crippled nuclear power plant. The Nikkei's gain snapped three straight losses ...

Adviser banned for life

ALISON BEVEGE  |  TUESDAY, 22 FEB 2011
... breached financial services laws. ASIC cannot impose a fine but investigations are ongoing and may result in criminal proceedings. "ASIC banned Mr Carll in order to protect the public, deter similar conduct and maintain consumer confidence in the financial ...

ASIC strikes $67.45m in Westpoint settlement

MATT WOODINGTON  |  WEDNESDAY, 2 FEB 2011
... loss, the settlement will at least negate the need for a trial in September and end the regulator's Federal Court proceedings on behalf of nine Westpoint mezzanine companies. "A confidential commercial resolution is, because of the age and circumstances ...

Haste makes waste

BENJAMIN ONG  |  TUESDAY, 25 JAN 2011
... stronger economic growth and rising inflation pressure" is screening once again. The Bank of England (BOE) may start off proceedings toward higher interest rates and... it might not have to wait until the second half. The Financial Times quote BOE monetary ...

ASIC takes legal action against Storm founders and banks

ASIC RELEASE  |  FRIDAY, 26 NOV 2010
... corporations and restrained from providing financial services. Meanwhile, the regulator announced that it will start legal proceedings against Commonwealth Bank of Australia Limited (CBA), Bank of Queensland Limited (BoQ) and Macquarie Bank Limited (MBL) ...

Bell IXL eyes India Equities

RUTH LIEW  |  THURSDAY, 4 NOV 2010
... repeated attempts by the board to bridge the gap between the share price and the value of net tangible assets (NTA). The proceedings also saw John Pereira resign from his role as INE chief executive. Bell IXL was established in April 2005. It is an investment ...

MLC says no to PIH stake

RUTH LIEW  |  THURSDAY, 30 SEP 2010
... Services, said the relation between the two firms is "not going to change" but that he has mixed feelings about the latest proceedings. "It's a situation where it's great to have a 'big brother' like MLC, but [there] was always a question mark on how ...

ASIC recovers $24m for Westpoint victims

ASIC RELEASE  |  FRIDAY, 17 SEP 2010
... of the above settlements, returns from liquidators and returns from companies not in liquidation. Further Westpoint proceedings are going ahead in relation to directors, auditors and three Australian financial services licensees. ASIC hopes to resolve ...

ASIC targets MIS operators

ASIC RELEASE  |  THURSDAY, 16 SEP 2010
... include meeting ordinary living, business and operating expenses and reasonably incurred legal costs. ASIC commenced its proceedings in the Supreme Court for the appointment of receivers and managers to identify and secure the assets of the alleged scheme ...

ASIC reaches sixth Westpoint settlement

ASIC RELEASE  |  WEDNESDAY, 15 SEP 2010
... engaged in misleading and deceptive conduct. This settlement is the sixth reached by ASIC as part of its compensation proceedings commenced on behalf of Westpoint investors. The settlement was reached without any admission of liability by Dukes.