Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 2447 results for "Court"

FEATURE | Regulation: Picking up the pieces

KARREN VERGARA  |  TUESDAY, 24 MAR 2026
... questionable due diligence by giving a "favourable" rating to Shield. Macquarie was most recently admonished by the Federal Court for failing to put Shield on a watchlist. "You should have processes in place that allow you to identify practices that ...

APRA greenlights Insignia Financial takeover

JAMIE WILLIAMSON  |  MONDAY, 23 MAR 2026
... acquisition still needs to be approved by the Foreign Investment Review Board, Insignia Financial shareholders, and the court. It was already approved by ASIC, the ASX and the Australian Competition and Consumer Commission. Insignia said its board continues ...

Macquarie broke law by not putting Shield on watch list, says court

JAMIE WILLIAMSON  |  FRIDAY, 20 MAR 2026
... Investment Management breached the Corporations Act by failing to place the Shield Master Fund on a watch list, the Federal Court has found. Handing down findings today, Justice Wheelahan determined Macquarie should have placed the fun on a watch list ...

ASIC has 'strong appetite' to hold boards to account

ELIZA BAVIN  |  WEDNESDAY, 11 MAR 2026
Following the landmark Federal Court decision in the case ASIC brought against Star Entertainment, ASIC chair Joe Longo said the regulator will not shy away from holding company directors to account. The Federal Court found two former senior executives ...

Interprac sues AFCA over Shield determination

JAMIE WILLIAMSON  |  TUESDAY, 10 MAR 2026
Interprac Financial Planning has commenced Federal Court proceedings against the Australian Financial Complaints Authority (AFCA), believing it has not been treated fairly. Sequoia Financial Group, Interprac's parent company, said the case relates ...

Brisbane financial adviser appears in court on dishonesty charges

RIDDHIMA TALWANI  |  TUESDAY, 10 MAR 2026
Brisbane financial adviser Sunny Mahendra Prakash appeared in the city's Magistrates Court on March 6 to face multiple charges of dishonesty offences. Prakash is a director of Principal Financial Services, Self-Managed Super, Provest Enterprises, and ...

Former adviser incurs additional charges for dishonest conduct

RIDDHIMA TALWANI  |  FRIDAY, 6 MAR 2026
... a financial product and one charge of the same offence committed by proxy. Cuthbertson appeared at Downing Centre Local Court on 10 February 2026, where the additional charges were laid. The matter was adjourned to 14 April 2026 for committal mention. ...

Treasury proposes options to block victim-survivors' super going to perpetrators

JAMIE WILLIAMSON  |  THURSDAY, 5 MAR 2026
... eligible to receive victims' benefits. Under the forfeiture-like rule or set of rules, if a person has been found by a court to have committed domestic and/or family violence which has resulted in the murder or manslaughter of their victim, they ...

UK influencers fined over promotion of unauthorised forex scheme

JAMIE WILLIAMSON  |  FRIDAY, 27 FEB 2026
... influencers have been fined in the UK for spruiking an unauthorised forex trading scheme. Seven influencers were sentenced in a UK court this month after pleading guilty to charges of issuing unauthorised financial promotions. It followed a years-long ...

Governance issues on the rise: ASIC

ELIZA BAVIN  |  WEDNESDAY, 25 FEB 2026
... behaviour. "The figures point to an increase in concerns being raised about corporate governance issues," ASIC deputy chair Sarah Court said. "They underscore ASIC's enforcement priorities, which include tackling governance and directors' duties failures ...