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Showing 51 - 60 of 63 results for "enforceable undertakings"

ASIC jobs cut as responsibilities rise

ALISON BEVEGE  |  FRIDAY, 22 JUL 2011
... civil penalty proceedings against those who breach the rules and would prefer infringement notices and enforceable undertakings. Sydney University Associate Professor of law Joanna Bird, said all regulatory organisations needed to live within their means ...

UBS wealth mgmt to review compliance

ELISE BURGESS  |  FRIDAY, 18 MAR 2011
... the actions and has since accepted UBS WMA's pledge to undergo a legally enforceable undertaking (EU). Enforceable undertakings are an alternative to civil or administrative action when a party doesn't comply with legislation, but remains enforceable ...

Treasury proposes mandatory governance principles

MICHAEL HOBBS  |  TUESDAY, 9 MAR 2010
... said the report. This comes after the Australian Securities & Investments Commission (ASIC) accepted enforceable undertakings from three partners of KPMG's Perth office for their auditing work on the Westpoint Group of companies in August last year. ...

Westpoint auditors get just desserts

ASIC RELEASE  |  TUESDAY, 18 AUG 2009
... nine to 24 months following ASIC's crackdown on their roles in the Westpoint collapse. ASIC has accepted enforceable undertakings (EUs) from three partners of KPMG's Perth office, Brett Charles Fullarton, Robert Charles Kelly and Jonathan Grant Robinson ...

AUSTRAC to probe anti-money laundering breaches

MICHAEL HOBBS  |  THURSDAY, 2 JUL 2009
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has accepted enforceable undertakings from Barclays Bank PLC and Mega International Commercial Bank Co for breaching anti-money laundering and counter terrorism laws. An AUSTRAC statement ...

AMP FP to call 35,000 over switching advice

... the presentation of their half year results yesterday, the group has given more details about the four enforceable undertakings it agreed to with the Austrailan Securities and Investments Commission (ASIC) last July after the regulator reviewed 300 randomly ...

ASIC and APRA accept undertaking from AXA Australia staff plan

... members with sufficient information in order to make an informed decision about the offer. Under the enforceable undertakings the trustee will reinstate for periods 2002 - 2003 and 2002 - 2003 the earlier method of calculating interest on members' superannuation ...

ACCC plans to revise merger process to increase transparency

AAP  |  FRIDAY, 24 SEP 2004
... introduced competition assessments, which outline its reasons for rejecting a merger, subjecting a merger to enforceable undertakings and when merger parties request it. Those assessments would be expanded to include matters where a merger was approved ...

Lifetrack director on hold for five years: ASIC

The Australian Securities and Investments Commission has accepted enforceable undertakings from Barry Egan, a former director of Lifetrack Management, which is a trustee of the AM Pooled Superannuation Trust. The undertakings require Egan to not act ...

Mortgage broker to compensate former clients

... Express Loans mortgage broking business, will be required to pay compensation to past clients, following enforceable undertakings won by the Australian Securities and Investments Commission (ASIC). An earlier investigation by ASIC found Express Loans ...