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Showing 691 - 700 of 2458 results for "Court"

Mawhinney lawyer accuses ASIC of trial by media

ELIZABETH MCARTHUR  |  THURSDAY, 18 NOV 2021
... media release announcing contempt proceedings against Mawhinney before Mayfair's lawyers could access the full set of court filings. Rhys Roberts, senior partner at the firm, claimed ASIC sent out a media release at 8:06 am on Tuesday, November 16 ...

Former adviser pleads guilty to fabricating evidence

ANNABELLE DICKSON  |  THURSDAY, 18 NOV 2021
... Fortnum Private Wealth and Libertas Financial Planning, pleaded guilty to five criminal offences at the Downing Centre Local Court. Ezzat-Daniel Nesseim pleaded guilty to dishonestly providing three backdated wholesale client certificates to ASIC in ...

E&P Financial Group director steps down

ANNABELLE DICKSON  |  WEDNESDAY, 17 NOV 2021
... regulatory issues it was facing," E&P executive chair David Evans said. "With the settlement of the ASIC proceeding (subject to court approval) and a supportive major shareholder in place, this has been achieved. In addition to his sound judgement, Kevin's ...

AMP in enforceable undertaking

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
AMP has entered a court enforceable undertaking with APRA over historical matters related to its superannuation business. The CEU follows more than two years of investigation by APRA and relates to trustees AMP Superannuation Limited and N.M. Superannuation ...

ASIC files contempt application against Mawhinney

ELIZABETH MCARTHUR  |  TUESDAY, 16 NOV 2021
ASIC filed a contempt application in the Federal Court against James Mawhinney, the founder of Mayfair 101. The contempt order is in relation to allegations that Mawhinney has continued to raise funds through financial products, even though ASIC banned ...

Cbus to create rainy day fund to cover fines

ELIZABETH MCARTHUR  |  THURSDAY, 11 NOV 2021
Despite not currently facing any fines or penalties, Cbus has made a request to the Supreme Court for permission to change its rules to create a special pool of capital to pay any future fines. Following changes to the Superannuation Industry (Supervision) ...

PM Capital forges ahead with LIC merger

KARREN VERGARA  |  FRIDAY, 5 NOV 2021
... Capital Global Opportunities Fund (PGF) to take over the PM Capital Asian Opportunities Fund (PAF). This follows a Federal Court order that states PAF should convene and hold a meeting with its shareholders to allow them to vote on the merger. PAF directors ...

ASIC bans adviser over Linchpin, Endeavour fund

ANNABELLE DICKSON  |  THURSDAY, 4 NOV 2021
... his recommendation to switch client funds from existing financial products into the fund, ASIC said. In 2019, the Federal Court also ordered the registered scheme operated by Endeavour and the unregistered scheme operated by Linchpin, the Investport ...

ASIC shuts down unlicensed investment scheme

KARREN VERGARA  |  THURSDAY, 4 NOV 2021
... members is in the process of being shut down by ASIC. ASIC obtained interim orders and injunctions from the Queensland Federal Court in against A One Multi Services and its Gold Coast-based directors Aryn Hala and Heidi Walters. Hala allegedly told investors ...

E&P Financial Group hit with class action

KARREN VERGARA  |  THURSDAY, 4 NOV 2021
... engaging in misleading and deceptive conduct. The law firm has taken Dixon and E&P Financial Group (EP1) to the Federal Court, and also named subsidiary Dixon Advisory and Superannuation Services in the lawsuit for their alleged involvement in providing ...