All posts tagged "Federal Court"
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187Australia & NZCBA Faces Criminal Charges Over Consumer Credit Insurance Sales
Commonwealth Bank plans to plead guilty to making false or misleading representations to customers about insurance policies.
September 17, 2021 -
128Australia & NZAustralian Court Fines NAB Over Fee Disclosure Statements
NAB charged fees for personal advice without providing customers fee disclosure statements, providing them late, or containing false misleading information.
August 27, 2021 -
115Australia & NZAustralian Court Orders BOQ to Replace Unfair Contract Terms
Bank of Queensland has been ordered to replace unfair contract terms in all standard form contracts with small business customers entered into from November 2016.
August 16, 2021 -
125Australia & NZASIC Sues Credit Firms for Failing to Cooperate with AFCA
Two firms repeatedly engaged in disruptive, aggressive and uncooperative behaviour toward AFCA, a civil penalty offence since April 2019.
August 6, 2021 -
175Australia & NZWestpac Insider Trading Case May Not Be Heard Until 2023
A proposed February 2022 trial date will not be feasible as Westpac will have to be allowed sufficient time to review expert evidence.
August 2, 2021 -
124Australia & NZAustralia: BT, Asgard Fined for Charging Fees for No Service
Westpac will pay A$3mn in civil penalties for BT Funds Management and Asgard Capital Management in proceedings commenced by ASIC in August 2020.
July 30, 2021 -
94Australia & NZASIC Appeals Dismissal of Cigno, BHF Solutions Case
ASIC’s appeal seeks judicial clarification on the operation of key obligations under the National Credit Act and National Credit Code.
July 28, 2021 -
269Australia & NZASIC Files Suit Against Westpac for Alleged Insider Trading
ASIC says Westpac traded interest rate derivatives to pre-position itself while knowing it would be selected to execute a A$12bn interest rate swap hours later.
May 6, 2021 -
277Australia & NZ
ASIC Notches Win in Proceedings Against Mayfair 101 Group
ASIC warns it will take action when search engines are used in a misleading or deceptive way to entice investors into products they are not searching for.
March 28, 2021 -
248AML / KYCANZ, Deutsche, Citigroup Face Trial Over Criminal Cartel Case
The banks are alleged to have colluded on how to offload ANZ shares in 2015 by restricting supply to maintain market prices.
December 9, 2020
