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Showing 61 - 70 of 566 results for "Civil"

Global X launches defence technology ETF

ANDREW MCKEAN  |  WEDNESDAY, 9 OCT 2024
... most significant holdings are Lockheed Martin and RTX (formerly Raytheon), the latter of which agreed to pay a $200 million civil penalty in August for the unauthorised exportation of sensitive defence articles. As reported by Financial Standard, Betashares ...

Federal Court quashes ANZ appeal

KARREN VERGARA  |  THURSDAY, 3 OCT 2024
... Australia and Deutsche Bank AG and four senior banking executives as defendants were also dismissed. Last October, in a civil penalty hearing, Justice Moshinsky found ANZ did breach continuous disclosure laws as it failed to inform the market that the ...

ASIC slaps Macquarie with record $5m fine

KARREN VERGARA  |  WEDNESDAY, 25 SEP 2024
... Australia $775,000 for its failure to moderate suspicious orders in the ASX 24 wheat futures market. In July, ASIC commenced civil penalty proceedings against COFCO International Australia and COFCO Resources SA for alleged manipulation in the ASX 24 ...

Macquarie cops US$80m from SEC

KARREN VERGARA  |  FRIDAY, 20 SEP 2024
... accurately." MIMBT did not admit to any liability but agreed to a censure, to cease and desist from further violations, and pay the civil penalty of US$70 million and prejudgment interest of US$9.8 million. MIMBT also agreed to undertakings, such as ...

ASIC sees case against Rest thrown out

ANDREW MCKEAN  |  THURSDAY, 19 SEP 2024
... required to contribute to the fund under workplace agreements or enterprise bargaining deals. The corporate regulator initiated civil penalty proceedings against Rest in March 2021, claiming that from March 2015 to May 2018 the super fund made representations ...

ASX-listed firm invests with Osmosis

KARREN VERGARA  |  WEDNESDAY, 11 SEP 2024
Osmosis Investment Management, which is part of Clearway Capital Solutions' stable, has won a mandate from an ASX-listed firm. Evans and Partners allocated an undisclosed amount to Osmosis' Resource Efficient Ex Fossil Fuels Fund. The fund applies ...

APRA alleges First Super co-chair breached director duties

JAMIE WILLIAMSON  |  FRIDAY, 6 SEP 2024
... construction division, highlighting the manufacturing division's lobbying to withdraw from the CFMEU. APRA has commenced civil proceedings in the Federal Court of Australia seeking civil penalties and O'Connor's disqualification. The regulator ...

E&P free of legacy issues, FUA jumps 26%

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
... failing to take action against Dixon Advisory in a timely manner and then only focussing on advice issues in their ultimate civil penalty action, as well as postponing the end date of its AFCA membership to accept hundreds of extra claims in the final ...

ASIC wins case against crypto exchange Kraken

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
... clarity" regarding the margin offering and "will move quickly to comply and continue to service our customers." ASIC commenced civil penalty proceedings against Bit Trade in September 2023 after previously warning the company about its failure to comply ...

ASIC locks eyes on super industry

ELIZA BAVIN  |  THURSDAY, 22 AUG 2024
... Longo said in the past year ASIC had commenced around 170 new investigations - an increase of around 25% - and filed 33 new civil proceedings in the Federal Court - an increase of 27%. "Our investigations have led to 18 criminal convictions and seen ...