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Showing 1 - 4 of 4 results for "ASIC penalties"

FPA supports "bitter harvest" recommendations

ALEX BURKE  |  FRIDAY, 18 MAR 2016
... Association has come out in support of the Senate Economics References Committee's recommendations for stronger ASIC penalties and redefining the term "general advice". FPA chief executive Dante De Gori said that the FPA "recognises that thousands of ...

ASIC penalties 'like being hit with a lettuce leaf': Murray

LAURA MILLAN  |  WEDNESDAY, 25 MAR 2015
The penalties applied by the Australian Securities and Investment Commissions (ASIC) are so weak that they are like being hit with a lettuce leaf, Financial System Inquiry chair David Murray said. Speaking at a panel session at the ASIC summit, only ...

Australia has softer approach to corporate wrongdoing

LAURA MILLAN  |  FRIDAY, 21 MAR 2014
... Report 387 Penalties for corporate wrongdoing compared penalties in Australia with those in other countries, as well ASIC penalties and those of other regulators. The document revealed that even if Australia's maximum criminal penalties (jail and fines) ...

New claimants join class action against CBA

MARK STORY  |  THURSDAY, 7 FEB 2013
... which would ground a case for negligence - Banton said there would be implications for CBA licencing, and possible ASIC penalties. It's understood there was significant non-disclosure of the risks associated with the CDOs, and that Piper Alderman is ...
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