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Showing 881 - 890 of 896 results for "Failing"

ASIC investigation leads to Tasmanian director ban

... fictitious debtor list to support a loan applications and paying interest on the loans to avoid detection by the bank; and failing to ensure that procedures for processing loan applications were reasonably carried out. ASIC further alleged that Mr Howes ...

Midday market wrap: Nikkei rises to highest level since July 2002

... buy high-tech issues. The Australian dollar was stronger to noon, consolidating the progress made offshore Friday but failing to add much to those gains in local business. At 1256 AEST the Australian dollar was trading at $US0.6468/73 compared with Friday's ...

Afternoon market wrap: Shares edge lower

The Australian share market continued to drift lower in the afternoon session, with generally in-line profit results failing to excite investors. Foster's and AXA, which both reported today, both ended lower, as did three of the four major banks. Westpac ...

ASIC moves against late disclosure

The Australian Securities and Investments Commission (ASIC) is continuing to crack down on listed companies late or failing to lodge financial statements. The industry watchdog announced it has issued 22 orders under the Corporations Act against companies ...

Trescowthick charged, Clifford Corporation directors committed for trial

... retailer in April 2001. The charges, brought by the Australian Investments and Securities Commission (ASIC), include 17 for failing to act honestly in the exercise of his powers and the discharge of his duties as an officer of Harris Scarfe Holdings ...

Ban on Nicholas Whitlam lifted

... become a company director. The Supreme Court earlier found Mr Whitlam breached his duties as an officer of NRMA Limited by failing to cast almost 5,000 proxy votes against a resolution to increase the pool of directors' fees at the October 1998 annual ...

Three charged over FAI reinsurance arrangements

... Fronting the Downing Centre District Court, Timothy Maxwell Mainprize and Daniel Wilkie were each charged with two counts of failing to act honestly in the exercise of their powers and discharge of their duties as officers of FAI General Insurance Company ...

Morning market wrap: US stocks edge lower

Major US share price indexes drifted lower Monday, with new manufacturing data failing to excite investors. The Chicago NAPM index edged up 0.3 points to 52.5 in June, suggesting manufacturing production continues to expand only modestly in the mid-west ...

Property Council slams NSW Government over stamp duty

The Property Council of Australia has expressed bitter disappointment with the NSW Government for failing to reduce stamp duty in its latest budget. "When it comes to stamp duty, we have the Gordon Geko Government - greed is good", said Ken Morrison ...

ASIC imposes three-year ban on South Australian adviser

... South Australia from acting as a representative of a securities dealer or as an investment adviser for three years, for failing to conduct his duties properly. "ASIC will continue to take action to protect the public from advisers who do not act efficiently ...