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Showing 1 - 10 of 292 results for "Ruling"

Dexus executives step down over leaked airport data case

RIDDHIMA TALWANI  |  TUESDAY, 9 JUN 2026
... who didn't participate in the data leaks, it should be treated differently. However, the judge dismissed this claim, ruling that each investor group is run by a single manager who acts as the sole point of contact. Dexus has also commenced a review ...

InterPrac targets First Guardian victim, disputes AFCA ruling

KARREN VERGARA  |  FRIDAY, 15 MAY 2026
InterPrac Financial Planning is taking action against a former client and victim of the First Guardian Master Fund collapse for an Australian Financial Complaints Authority (AFCA) determination it is vehemently contesting. The new proceeding comes off ...

Super funds must protect members, says Kirkland

MATTHEW WAI  |  FRIDAY, 27 MAR 2026
... relation to Shield and First Guardian and have returned more than $420 million collectively to around 4000 members. A court ruling last Friday determined that Macquarie breached the Corporations Act by failing to place Shield on a watch list. However ...

ASIC has 'strong appetite' to hold boards to account

ELIZA BAVIN  |  WEDNESDAY, 11 MAR 2026
... are questions about where the line should be drawn between the board and executive management, and despite the court's ruling Longo said the regulator will continue to pursue these cases. "This is probably the most significant corporate governance case ...

Trump hit by Supreme Court's 'body blow', strikes back with 15% global tariff

RIDDHIMA TALWANI  |  MONDAY, 23 FEB 2026
... a majority of Supreme Court judges have done," Betashares chief economist David Bassanese said. Under the Supreme Court ruling, tariffs imposed for fentanyl trafficking and reciprocal tariffs imposed on most trade partners are now considered unlawful. ...

FIIG Securities fined $2.5m for lengthy cyber failures

JAMIE WILLIAMSON  |  TUESDAY, 10 FEB 2026
... was acquired by AUSIEX. In response to the judgement, AUSIEX chief executive Patrick Salis said the company accepts the ruling and will comply with all obligations. "We cooperated fully throughout the process and have continued to strengthen our systems ...

First Mutual Private Equity gambled $80m of investor funds: ASIC

ANGELIQUE MINAS  |  MONDAY, 3 NOV 2025
... believed at least $53 million was at risk. Now, it's believed to be more than double this at $131 million. Per the court ruling, ASIC initially extended the freeze order to September 10 and Cotton was required to file affidavit evidence listing all the ...

Adviser banned after $11.3m loss

ELIZA BAVIN  |  WEDNESDAY, 22 OCT 2025
... Northcott in April, over concerns it had around Northcott's involvement in the Noon Investment Fund and the Quant Fund, after a ruling by Administrative Review Tribunal (ART) allowed the regulator to make the ban public. ASIC said Northcott used algorithms ...

ASIC lands special leave against Block Earner

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... AFSL was not necessary to offer a fixed-yield digital asset-related product. ASIC said its appeal seeks the High Court's ruling on what falls within the definition of a financial product. It also wants to clarify when interest-earning products and products ...

ASIC loses appeal against Finder Wallet

MATTHEW WAI  |  FRIDAY, 25 JUL 2025
... failed to comply with the design and distribution obligations for Finder Earn. However, the court dismissed the claims by ruling that the product was not a "debenture" and therefore has not breached the Corporations Act. ASIC has subsequently appealed ...
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