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Showing 671 - 680 of 2526 results for "Court"

Unlicensed forex trader extradited from Poland

CHLOE WALKER  |  FRIDAY, 19 AUG 2022
Unlicensed foreign exchange trader Daniel Farook Ali has faced the Brisbane Magistrates Court charged with eight counts of fraud, after being extradited from Poland and arrested following an ASIC investigation. The corporate regulator alleges that between ...

WA introduces new super laws for de facto couples

ANDREW MCKEAN  |  FRIDAY, 19 AUG 2022
... However, super was treated differently to other types of property because it's held in a trust. Further, under the Family Court Act 1997 (WA) which applies to separated de facto couples, super can only be considered a financial resource and can't ...

Commonwealth Bank profit nears $10bn

CASSANDRA BALDINI  |  WEDNESDAY, 10 AUG 2022
... investment in a joint venture." The group is currently defending itself against several class actions filed against it in Federal Court. Three are in relation to superannuation products while another superannuation class action was settled in June. Other ...

Convicted former financial adviser banned for life

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
... three-year intensive correction order, including a 12-month home detention order. During the hearing, ASIC deputy chair Sarah Court said that instead of showing the honesty and integrity required of someone who works in the financial services sector ...

ASIC announces sizeable prosecution list

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
... 2020 and one half-year financial report for the half year ending 31 December 2019. The matter was committed to the District Court for a sentence mention on 23 September 2022. Financial reports provide shareholders, creditors and the public with important ...

Advisers receive guidance on rights under FSCP

JAMIE WILLIAMSON  |  THURSDAY, 4 AUG 2022
... no burden of proof on an adviser in a hearing situation, the guidance outlines, and the rules of evidence that apply in a court of law do not apply at a FSCP hearing. "A hearing by a sitting panel is an inquiry to determine the facts and help the panel ...

Financial abuse linked to violence: CBA, UNSW

ANDREW MCKEAN  |  MONDAY, 1 AUG 2022
... costs in the victim's name, even after the relationship ends; for example, perpetrators can deliberately extend Family Court matters affecting property settlement. "Perpetrators can also block or sabotage employment and education opportunities, what's ...

Suncorp agrees to super class action settlement

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
... also includes as-yet unpaid legal fees for William Roberts Lawyers. The settlement amount must still be approved by the court, with an approval hearing scheduled for September 22. If it is not approved, the case will continue. Anyone who was or remains ...

Government moves to amend military super benefits tax

ANDREW MCKEAN  |  TUESDAY, 26 JUL 2022
... The government is introducing legislation that aims to ensure no veteran pays higher income taxes because of the Federal Court decision in Commissioner of Taxation V Douglas (the Douglas decision). The Douglas decision found that certain veterans' invalidity ...

Fraud charges laid over unlicensed scheme

CASSANDRA BALDINI  |  WEDNESDAY, 20 JUL 2022
... unlicensed investment scheme boss Chris Marco has been charged with 50 counts of fraud and is due to appear in Perth Magistrates Court on Friday. The charges follow ASIC's investigation which alleged that, between July 2013 and October 2018, Marco defrauded ...