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| | | ... hearings, strike-off and criminal prosecution for serious offences," the judge said. Also commenting, ASIC deputy chair Sarah Court said: "Instead of showing the honesty and integrity required of someone who works in the financial services sector, Mr ... |
| | | | Following on from RI Advice's Federal Court loss, the corporate regulator has laid out its expectations of licensees when it comes to cybersecurity. Just last week, in what was an Australian-first, the Federal Court found RI Advice failed its obligations ... |
| | | | ... planned takeover of the social media platform. The Orlando Police Pension Fund filed a class action in the Delaware chancery court on Friday, alleging that Delaware law forbade a quick merger as Musk had discussed the move with Morgan Stanley and Twitter ... |
| | | | The Federal Court has found RI Advice breached its obligations as a licensee by failing to have adequate systems in place to manage cybersecurity risks, leading to several incidents that put client information at risk. In what ASIC says is an Australian ... |
| | | | ... we were concerned that Maritime members may have been misled by the communications about fees," ASIC deputy chair Sarah Court said. "ASIC has a number of regulatory tools to address alleged misconduct where we are concerned that consumer harm may occur ... |
| | | | The six Federal Court cases brought against Westpac by ASIC late last year have been finalised, with the banking giant to pay a total of $113 million in penalties. A decision in the final of the six matters, all overseen by Justice Beach, was handed ... |
| | | | ... It includes a new simplified plain-English form and a streamlined process that has removed the requirement for certified court orders. Rest chief executive Vicki Doyle said splitting superannuation during a divorce was often a complex and time-consuming ... |
| | | | ... which was worth $26,000, a number of jewellery items and a digital Louis Vuitton watch. According to documents filed in court yesterday, Koletti used to earn approximately $70,000 a year as a hairdresser. However, due to the media storm surrounding Caddick's ... |
| | | | ... his 20-year ban from Financial Services and the $30 million penalty handed down to Mayfair companies. In March 2021, the court found Mayfair Wealth Partners and Online Investments (trading as Mayfair 101), M101 Nominees Pty Ltd and M101 Holdings Pty ... |
| | | | ... may have been provided to demonstration accounts that didn't contain any real capital. At a hearing on 8 April 2022, the Court ordered that, until 26 April 2022: McCabe is prohibited from leaving Australia without the consent of the Court. McCabe be ... |
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