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Showing 51 - 60 of 2449 results for "Court"

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 ...

Sequoia weighs InterPrac's fate, launches review

KARREN VERGARA  |  TUESDAY, 24 FEB 2026
... chair of its inaugural AFSL Governance Committee. Last November, ASIC commenced civil penalty proceedings in the Federal Court against InterPrac. Sequoia is expected to complete its statement of claim in mid-March 2026. "The review is expected to be ...

Trump hit by Supreme Court's 'body blow', strikes back with 15% global tariff

RIDDHIMA TALWANI  |  MONDAY, 23 FEB 2026
US President Donald Trump has raised the blanket universal tariff on US imports from 10% to 15% after the US Supreme Court struck down his Liberation Day policies, deeming them unlawful. The response by the President came within a day of him announcing ...

Equity Trustees places superannuation arm under review

JAMIE WILLIAMSON  |  THURSDAY, 19 FEB 2026
... ensuring members best interests are protected through this process" and it does not change EQT's intention to defend the court proceedings brought by ASIC. The super funds under the group's trusteeship currently include AMG Super, Centric Super Fund ...

First half steady, net inflows positive for Fiducian

KARREN VERGARA  |  MONDAY, 16 FEB 2026
Fiducian Group said it kept the business steady and took in positive net inflows in the first half of the 2026 reporting period amid a turbulent backdrop. According to Fiducian chief executive Indy Singh, the ASX-listed financial services firm kept ...

Senate questions APRA's role in Shield, First Guardian disaster

KARREN VERGARA  |  FRIDAY, 13 FEB 2026
... affected 11,000 members and their $1 billion in retirement savings, according to ASIC. In December 2025, APRA accepted a court enforceable undertaking from Netwealth and imposed licence conditions on Diversa Trustees and Equity Trustees to address investment ...

CBA updates on class actions, governance review

ELIZA BAVIN  |  WEDNESDAY, 11 FEB 2026
... they could have received had CFSL/AIL offered similar products made available in the market by another bank. CBA said the court has ordered that mediation between the parties take place by 26 June 2026, with the matter listed for trial on 9 November ...

Helen Lofthouse to exit ASX in May

JAMIE WILLIAMSON  |  WEDNESDAY, 11 FEB 2026
... supposed to be rolled out in April 2021 but faced successive year-long delays. In 2024, ASIC sued the ASX in the Federal Court over allegedly misleading statements related to the project. One of Lofthouse's first calls as chief executive was to dump ...

FIIG Securities fined $2.5m for lengthy cyber failures

JAMIE WILLIAMSON  |  TUESDAY, 10 FEB 2026
... training for staff, and its cyber incident response plan was not tested on an annual basis. FIIG was ordered by the Federal Court to pay a penalty of $2.5 million as well as $500,000 towards ASIC's legal costs. FIIG must also engage an independent expert ...