Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 61 - 70 of 213 results for "Financial Services Law"

Government opens consultation on key advice reforms

JAMIE WILLIAMSON  |  MONDAY, 19 APR 2021
... as a financial adviser, such as being insolvent or convicted of fraud. They may also have contravened a financial services law, or have breached the education and training requirements or the Code of Ethics. Advisers involved in someone else's breach ...

Mawhinney banned for 20 years

ELIZABETH MCARTHUR  |  MONDAY, 19 APR 2021
The Federal Court has ruled that Mayfair 101 founder James Mawhinney cannot fundraise for or advertise financial products for 20 years. The judgement, delivered this morning, ordered that Mawhinney and any of his employees or any companies he is a part ...

Vanguard Super appoints board

KANIKA SOOD  |  THURSDAY, 15 APR 2021
... Lui. O'Neal is a former partner at law firm Herbert Smith Freehills specialising in superannuation and financial services law. She was also a consultant to the Cooper Review, and a member of Vanguard Investments Australia's external compliance committee. ...

Foreign exchange brokers banned

ANNABELLE DICKSON  |  THURSDAY, 18 MAR 2021
The corporate watchdog has banned the sole director and four employees of contracts-for-difference and FX broker Forex Capital Trading from providing financial services. Forex CT chief executive officer, responsible manager and sole director Shlomo ...

Trading platform slapped with licence conditions

KARREN VERGARA  |  MONDAY, 15 MAR 2021
A trading platform was slapped with additional conditions from ASIC for several compliance failures. ASIC is doubtful if retail OTC derivative issuer AxiCorp Financial Services has the appropriate procedures and internal controls to meet regulatory ...

CBA guilty of deceptive conduct

ELIZA BAVIN  |  WEDNESDAY, 17 FEB 2021
... statements and engaged in deceptive conduct on over 12,000 occasions. Justice Lee found that CBA breached financial services law 12,119 times when charging a rate of interest on business overdraft accounts substantially higher than what customers were ...

Industry fund names chief executive

JAMIE WILLIAMSON  |  MONDAY, 14 DEC 2020
... this year. Prior to entering superannuation, she was a senior associate and solicitor in corporate and financial services law, working with King & Wood Mallesons and MinterEllison. In addition to this new role, Kaspar is chair of Cystic Fibrosis Community ...

CBA in court for overcharging interest

ELIZABETH MCARTHUR  |  TUESDAY, 1 DEC 2020
ASIC has commenced proceedings against the Commonwealth Bank (CBA) for overcharged interest to thousands of customers, as revealed during the Royal Commission. In the Federal Court, ASIC will allege that CBA charged a rate of interest on business overdraft ...

ASIC cancels two AFSLs

ELIZA BAVIN  |  MONDAY, 30 NOV 2020
ASIC has cancelled the AFSLs of two financial services providers, one from Victoria and the other from Western Australia. Victorian financial services provider Jels Financial Group has had its license cancelled by the regulator for failing to demonstrate ...

AAT affirms SMSF adviser ban

JAMIE WILLIAMSON  |  WEDNESDAY, 11 NOV 2020
... service provider he recommended they engage. While he did not contest ASIC's findings that he had broken financial services law and conceded a five-year ban was appropriate, Blazejczyk appealed to the AAT believing he should only be prohibited from providing ...