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Showing 881 - 890 of 2458 results for "Court"

NAB to pay $15m for Royal Commission case study

ELIZABETH MCARTHUR  |  MONDAY, 19 OCT 2020
... licensees from conducting business with persons engaging in credit activity without an Australian credit licence. The Federal Court found that NAB had breached the act by using "introducers" who did not have a licence. These introducers were engaged ...

Derivatives issuer cops $75m penalty

ELIZA BAVIN  |  MONDAY, 19 OCT 2020
The Federal Court has imposed a $75 million penalty on OTC derivative issuer AGM Markets and former authorised representatives OT Markets and Ozifin. AGM was ordered to pay $35 million, while OTM and Ozfin have each been ordered to pay $20 million. ...

Man arrested over investment scam

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
... number of international passports which were later found to be fake. The corporate regulator obtained orders from the Federal Court of Australia against the man including that websites associated with the alleged scam be suspended and that associated ...

Grow Super founder sentenced in betting scandal

ELIZABETH MCARTHUR  |  THURSDAY, 15 OCT 2020
... pleading guilty to gambling with insider information. Appearing yesterday, Joshua Wilson was sentenced in Downing Centre Local Court to 18 months good behaviour. He was not fined or given a custodial sentence, instead released on the condition that he ...

Mayfair 101 promises investors pie in the sky

ELIZABETH MCARTHUR  |  TUESDAY, 13 OCT 2020
Mayfair 101 will submit a proposal to the Federal Court later this month promising investors the return of their capital. The company said it will present its proposal to the court on October 22, with the objective of giving noteholders a "clear pathway" ...

Adviser sentenced to eight years' prison

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
... His sentencing should send a strong message that such conduct will lead to individuals involved being brought before the court to face criminal charges."

AMP, former employee settle

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
... an undisclosed amount, a month before the matter was scheduled for trial. Cook last October filed a claim in the Federal Court alleging AMP dismissed her unfairly after she raised concerns about fee-for-no-service practices with its former top executives. ...

ANZ fined $10m

ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
ANZ will pay $10 million in penalties for unconscionable conduct after the Federal Court found it breached its obligations as a financial services licensee. Between August 2003 and September 2015, it was found ANZ charged certain fees to personal and ...

ACCC amends consumer data right rules

ALLY SELBY  |  FRIDAY, 2 OCT 2020
... consent, and will facilitate "greater participation in the consumer data right by fintech firms". ACCC commissioner Sarah Court said the changes are the first in a series of measures to reduce the time and cost to enter and operate within the consumer ...

Court blocks bid to freeze Phil Kingston's assets

KANIKA SOOD  |  WEDNESDAY, 30 SEP 2020
A court has blocked an attempt by Sargon's Chinese lender to freeze the assets of Phil Kingston, as the latter heads towards public questioning next month. China Insurance Finance Group Ltd commenced court proceedings on August 24, seeking repayment ...