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Showing 911 - 920 of 1680 results for "Breach"

ASIC consults on advice code monitoring bodies

JAMIE WILLIAMSON  |  TUESDAY, 15 MAY 2018
... to provide information to all code monitoring bodies to enable effective and proactive monitoring, chiefly where a code breach is suspected but not yet confirmed. At present, they are only required to do so in the event of a reactive investigation. The ...

AMP hit with another proposed class action

JAMIE WILLIAMSON  |  TUESDAY, 15 MAY 2018
... disclose the information [revealed by the Royal Commission] to the ASX amounts to misleading and deceptive conduct and a breach of its continuous disclosure obligations under the Corporations Act 2001 (Cth) and the ASX Listing Rules." Two shareholder ...

Keybridge outraged at latest Molopo transaction

ALEX BURKE  |  MONDAY, 14 MAY 2018
Keybridge Capital said its "concerns have now turned to outrage" as Molopo Energy, in which it has a 20% ownership stake, revealed another US$23 million transaction in an asset the manager considers worthless. This transaction with Drawbridge Energy ...

Adviser disciplinary regime has holes: AFA

JAMIE WILLIAMSON  |  MONDAY, 14 MAY 2018
The Association of Financial Advisers concedes the existing disciplinary regime for financial advisers is largely ineffective due to a lack of communication between responsible parties. In its response submission to the Royal Commission the AFA said ...

CBA cops $25 million for BBSW rigging

KANIKA SOOD  |  WEDNESDAY, 9 MAY 2018
... adding to the bank's pile of settlement payouts. CBA will acknowledge it "attempted to engage in unconscionable conduct in breach of the ASIC Act" while trading on the BBSW market on five occasions from February to June in 2012. The bank will also concede ...

Royal Commission sees increased ASIC, APRA funding

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... manner in which ASIC determines breaches are worth investigating, and Macaulay said it had to do with the nature of the breach, how long ago it occurred (or whether it is still occurring) and balancing it against ASIC's current strategic priorities. ...

S&P reaffirms Sirtex after new offer from Chinese manager

ALEX BURKE  |  TUESDAY, 8 MAY 2018
ASX-listed healthcare firm Sirtex, whose investors include some of Australia's leading fund managers, will remain in the S&P/ASX 200 after its US takeover has been postponed in light of a new offer. Sirtex entered into a trading halt and then announced ...

Federal government responds to white collar crime Senate inquiry

KANIKA SOOD  |  MONDAY, 7 MAY 2018
The Federal Government has agreed to strengthen some of ASIC's powers but has deferred acting on recommendations to tighten self-reporting and industry codes as it waits for the dust to settle on Royal Commission findings. In its response to the Senate ...

S&P to remove ASX healthcare firm from index

ALEX BURKE  |  FRIDAY, 4 MAY 2018
An ASX-listed healthcare firm, currently subject to a potential class action by shareholders which include major Australian asset managers, will be removed from the ASX 200 pending acquisition by a US company. S&P Dow Jones Indices said Sirtex Medical ...

CBA finds no evidence of customer data breach

ALEX BURKE  |  THURSDAY, 3 MAY 2018
Following an investigation by KPMG, the Commonwealth Bank said no evidence was found that customer information was compromised when two magnetic tapes went missing in 2016. The tapes in question contained customer names, addresses, account numbers and ...