Registered company auditor Rocco (Roy) Luciano Spagnolo has been suspended from practice for 12 months by the Companies Auditors Disciplinary Board (CADB) after it found two of his audits failed to comply with auditing standards. Mr Spagnolo, a director of Corporate Audit & Advisory Services Pty Ltd, was responsible for auditing the 30 June 2019 …
Company auditor suspended for 12 months over deficient audits Read More »
Name: FXPRIME Address: Suite 604, City Avenue Building, Port Saeed Road, Dubai, UNITED ARAB EMIRATES Email: [email protected], [email protected] Website: www.fxbrokerprime.com Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or …
The Federal Court has ordered Australia and New Zealand Banking Group Limited (ANZ) to pay a $15 million penalty after it admitted to misleading customers as to the funds available to those consumers in certain credit card accounts. The Court found ANZ breached the ASIC Act and the National Consumer Credit Protection Act by falsely …
ANZ penalised $15 million for misleading customers about available funds Read More »
ASIC has disqualified Philip Whiteman of Mount Dandenong, Victoria, from managing corporations for the maximum period of five years due to his involvement in the failure of five companies. Between November 2010 and June 2017, it was determined that Mr Whiteman acted as a ‘shadow director’ by controlling companies and acting in the position of …
ASIC is calling on Australian financial services and credit licensees (licensees) to ensure they remediate affected customers quickly and fairly, in line with ASIC’s guidance in Regulatory Guide 277 Consumer Remediation (RG 277). This follows ASIC’s recent review of the remediation policies and procedures of some large financial institutions to assess their implementation of RG …
ASIC calls on licensees to strengthen remediation procedures Read More »
Name: SPENCEDERIV.COM Address: 4 Fitz-James Ave, Hammersmith, London, UNITED KINGDOM, W14 0RP Telephone: +14422423297 Email: [email protected] Website: https://spencederiv.com Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or individual, so …
The Federal Court has ordered National Australia Bank Ltd (NAB) pay a $2.1 million penalty for unconscionable conduct by continuing to charge periodic payment fees even though NAB knew it was wrongfully overcharging customers. ASIC Deputy Chair Sarah Court said, ‘NAB continued to charge fees when it knew it lacked any entitlement to do so …
NAB penalised $2.1 million for unconscionable conduct over account fees Read More »
ASIC today has released its annual licensing report today. Report 772 Licensing and professional registration activities: 2023 update (REP 772) outlines ASIC’s licensing and professional registration activities, discusses new and proposed changes to processes, and notes other ASIC work that affects licensees. ASIC’s Chief Executive Officer, Warren Day said, ‘Our report highlights the important gatekeeping …
Licensing and professional registration activities – 2023 update Read More »
ASIC has commenced civil penalty proceedings in the Federal Court against Bit Trade Pty Ltd, provider of the Kraken crypto exchange to Australian customers. ASIC alleges that Bit Trade failed to comply with the design and distribution obligations for the margin trading product it offers Australian customers on the Kraken exchange. ASIC’s case focuses on …
ASIC sues crypto exchange alleging design and distribution failures Read More »
Name: Solid Finance Bank Address: Economic House, High Street, Coventry, CV25QN Telephone: 0207846533 Email: [email protected] Website: https://solidfinancebank.com/ Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or individual, so the …
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