Search Results | Showing 61 - 70 of 485 results for "Civil" |
| | ... potential inconsistencies in claim information. Since March 2019, section 13(2)(A) of the Insurance Contracts Act 1984 imposes a civil penalty on an insurer that fails to act towards an insured with utmost good faith. The penalty did not apply at the ... |
| | | ... lending arrangements to retail clients," Press said. "Australian financial services licensees may be liable for substantial civil penalties if they do not do all things necessary to ensure the financial services covered by their licence are provided ... |
| | | ... of DanFX Trade by investors had come from investors' self-managed superannuation accounts, ASIC has alleged. Amid ongoing civil proceedings commenced by ASIC against him and during an ongoing ASIC investigation into his conduct, Ali fled to Poland on ... |
| | | ... complaints can be accepted. Administrators were appointed to Dixon Advisory on January 19, close to two years after ASIC launched civil penalty proceedings against the group for alleged conflicts, best interest failures, and inappropriate advice. A hearing ... |
| | | ... Under the legislation, failing to notify APRA of any changes that might affect how the product is assessed would attract a civil penalty equivalent to $532,800, explanatory materials show. Treasury is hoping to have the legislation updated in time for ... |
| | | ASIC has issued civil penalty proceedings against wholesale licensee Lanterne Fund Services, saying it operated with almost no compliance staff or risk management processes. The regulator alleges that Lanterne has on multiple occasions failed to meet ... |
| | | ... disgorgement of US$5.8 million and prejudgment interest of US$1.4 million, both of which have been paid. It will also pay a civil penalty of US$17.4 million which the SEC said will be distributed to harmed investors. |
| | | ... experiencing both real wage cuts and a cost-of-living crisis." McManus called on the new Labor government, business and civil society to ensure working people's living standards don't go backwards. Further to the ACTU's concerns, the Australian Bureau ... |
| | | ANZ has acknowledged the civil penalty proceedings launched against it in Federal Court by ASIC for allegedly misleading and overcharging thousands of customers. The corporate watchdog today alleged that between May 2016 and November 2016 around 165,750 ... |
| | | ... against it by the SEC, as well as more than US$5 billion in restitution to investors. It has also been handed a US$675 million civil penalty, some of which will be distributed to investors. The SEC is also seeking penalties against the three former portfolio ... |
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