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Showing 591 - 600 of 3708 results for "Order"

BlackRock to develop super battery

CHLOE WALKER  |  THURSDAY, 20 OCT 2022
BlackRock's Akaysha Energy has been selected by the NSW government to build one of the largest committed utility scale batteries in the world. The Waratah Super Battery is understood to be the largest committed battery project in the southern hemisphere ...

James Mawhinney sues ASIC, deputy chair

JAMIE WILLIAMSON  |  TUESDAY, 18 OCT 2022
The Mayfair 101 managing director is claiming he was defamed by the regulator and deputy chair Sarah Court in a recent press release. Mawhinney has filed defamation proceedings against ASIC and Court in the Federal Court over information included in ...

Fed seeks feedback on rules to resolve large bank failures

ANDREW MCKEAN  |  MONDAY, 17 OCT 2022
The Federal Reserve has invited public comment on an advance notice of proposed rulemaking to enhance regulators' ability to resolve large bank failures. The Fed said recent merger activity and growth has increased the size of large US banking organisations ...

ASIC issues stop orders on Holon funds

CASSANDRA BALDINI  |  MONDAY, 17 OCT 2022
... after their launch. The regulator has prevented Holon from offering or distributing them to retail investors, explaining the order bans Holon from issuing interests in, giving a product disclosure statement for, or providing general advice to retail ...

Mayfair 101 bids for High Court appeal

JAMIE WILLIAMSON  |  THURSDAY, 13 OCT 2022
Mayfair 101's James Mawhinney has filed for special leave to appeal to the High Court, claiming ASIC being given the chance to have its case against him reheard is further denial of procedural fairness. Last month, the Full Federal Court overturned ...

IFM Investors adds to board

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2022
... of Investa Property Group and also group financial controller for APN News & Media. In 2020, she was made a member of the Order of Australia for services to the financial sector as well as diversity and inclusion. IFM chair Greg Combet said he's delighted ...

AFSL boss banned by ASIC

CASSANDRA BALDINI  |  TUESDAY, 11 OCT 2022
ASIC imposed banning orders on Quantum Funds Management managing director Peter Gribble for failing to pay $2.5 million in Australian Financial Complaints Authority determinations. Gribble is banned from controlling a financial services business or ...

Proposed CFD class action targets IG Markets

JAMIE WILLIAMSON  |  TUESDAY, 11 OCT 2022
... March and April 2020, more than $774 million was lost trading CFDs, ASIC found. The regulator imposed a product intervention order on the issue and distribution of CFDs in March 2021. In the first three months of the order, ASIC reported average net ...

Regulators to face committee scrutiny

JAMIE WILLIAMSON  |  MONDAY, 10 OCT 2022
... considered. Giving evidence will be ACCC chair Gina Cass-Gottlieb, APRA chair Wayne Byres, and ASIC chair Joe Longo in that order. This follows the hearing into the Reserve Bank of Australia last month.

Throw out financial services law clutter: ALRC

ANDREW MCKEAN  |  WEDNESDAY, 5 OCT 2022
... elements that make up the new model include: a de-cluttered Corporations Act with far less prescriptive detail, a Scoping Order, containing exclusions and exemptions; and thematic rulebooks. "If Australia's corporations and financial services statutes ...