Search Results | Showing 51 - 60 of 554 results for "Penalty" |
| | | ... derivatives, options, and other derivative arrangements. To date, ASIC has issued 10 interim stop orders and commenced a civil penalty proceeding for alleged breaches of DDOs and has engaged with product issuers to do the right thing. Such instruments ... |
| | | | ... breaches of the regime, and direct entities to take remedial action and to apply to the Federal Court to impose a civil penalty on accountable entities," Jones said. BEAR, the FAR's first iteration, was recommended by Commissioner Kenneth Hayne in ... |
| | | | ... 200 customer hardship requests over seven years, for which the bank blames "technology failure". ASIC commenced civil penalty proceedings in the Federal Court, alleging that Westpac failed to respond to hardship notices within 21 days as required by ... |
| | | | ... conduct, and this was taken into account upon sentencing," ASIC said. The charges were brought in April 2022. The maximum penalty for a contravention of this type is one year in prison and/or a fine of $25,200. A second charge relating to alleged content ... |
| | | | ... assets after the invasion of Ukraine while purporting otherwise to members. The markets regulator has commenced civil penalty proceedings alleging "misleading conduct and misrepresentations to the market relating to claims it was an ethical and responsible ... |
| | | | ... Capital agreed to pay US$15 million. Furthermore, Moelis & Company and Wedbush Securities each copped a US$10 million penalty, while SMBC Nikko Securities America is forced to pay US$9 million. "Each of the broker-dealers was charged with violating certain ... |
| | | | ... restore public confidence and help prevent this from happening again." The government said it will expand tax promoter penalty laws so they're easier for the Australian Taxation Office (ATO) to apply to advisers and firms who promote tax avoidance. It ... |
| | | | ... citing that Naseeruddin had operated a financial services business without the appropriate licence. The highest maximum penalty for such offences is up to 15 years imprisonment. This matter is being prosecuted by the Commonwealth Director of Public Prosecutions ... |
| | | | ... fund. This is the second time the market regulator has acted against Vanguard over greenwashing. ASIC has lodged civil penalty proceedings in federal court, alleging Vanguard "made false and misleading statements and engaged in conduct liable to mislead ... |
| | | | ... inconvenient. But from a fund's perspective, the major impacts are reputational damage, the loss of member trust, and penalty from the regulators. "There's also the other impact of spending the time effort and resource in uplifting those processes ... |
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