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| | | ... Association (TAA), which represents a large number of AMP FP advisers, said it is "disappointed" about AMP's latest action. The court ruled in favour of the class action's lead applicant and sample group member, finding AMP had breached the terms ... |
| | | | ... timely manner. It should not have taken ANZ several years to address this issue," Court said. "ASIC will continue to take action against banks who fail in their duty to act efficiently, honestly and fairly in dealings with customers." ANZ has already ... |
| | | | ... Karen Chester said. "Going forward, while ASIC will generally not oversee remediation programs, we will consider regulatory action where licensees fail to deliver fair and timely remediation to affected consumers." Further, the regulator warned that ... |
| | | | ... sector, and civil society. The government has also outlined nine main areas of focus and said it will look to take immediate action on each. Amid the nation's rapidly changing demographic, the white paper announced two key changes for pension and ... |
| | | | ... and terrorism financing. I congratulate the Asset Management Unit for bringing this important mutual fund AML enforcement action." Without admitting or denying the SEC's findings, DWS agreed to a cease-and-desist order and a US$6 million penalty in the ... |
| | | | ... including AFCA determinations. "Directors, officers, and responsible managers of licensees may also be exposed to regulatory action by ASIC, including banning orders." Nutley added that this case shows ignoring an AFCA determination can not only lead ... |
| | | | ... Brokers' response to the situation was inadequate for several reasons, including how long it took to close alerts, a lack of action to address the suspicious trades, and its failure to lodge a suspicious activity report with ASIC until 5 November 2021. ... |
| | | | ... continue to be scrutinised by ASIC to ensure they comply with regulatory obligations in order to protect consumers." "ASIC's action should be a reminder of the importance to comply with the design and distribution obligations so that financial products ... |
| | | | ... said. "He has also played a critical role in establishing our multifaceted climate strategy and as an active advocate for action on diversity, equity and inclusion, both internally and through engagement with our portfolio companies." For his part, Hindo ... |
| | | | ... misconduct by advisers, including but not limited to confidentiality breaches, to professional associations for disciplinary action. Whistleblower reforms will also be extended, to protect persons who wish to disclose alleged misconduct to the TPB, the ... |
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