by Victoria Smith | 2022-10-10 | Our Thinking
summary In a judgement handed down on 20 September 2022, Moshinsky J of the Federal Court held in favour of the Australian Securities and Investments Commission (“ASIC”) against member companies of the AMP group in Australian Securities and Investments Commission v...
by Victoria Smith | 2022-09-28 | Our Thinking
On 26 August 2022, the Federal Court of Australia (the ‘‘Court’’) ordered ZIB Financial Pty Limited (“ZIB”) and its corporate authorised representative MobiSuper Pty Limited (“MobiSuper”) to pay combined penalties of $250,000 for breaching superannuation advice laws...
by Leela | 2022-02-09 | Industry News, Our News
SUMMARY As of 4 January 2022, the phase out of the London Interbank Offered Rate (“LIBOR”) has culminated in the cessation of: all Euro (“EUR”) and Swiss Franc (“CHF”) LIBOR settings; the overnight / spot next, 1-week, 2-month and 12-month sterling and Japanese Yen...
by Vicki McEwan | 2022-02-08 | Industry News, Our News
We are thrilled to announce the appointment of Warren Mead as Board Advisor to Cleveland & Co. Warren has over 25 years of in-depth experience in financial services, professional services and fintech and was previously the COO of KPMG’s advisory, tax and legal...
by Emma Cleveland | 2022-02-06 | Industry News, Our News
RECENT COURT AND REGULATOR PRONOUNCEMENTS ARE A TIMELY REMINDER FOR FUND MANAGERS AND RESPONSIBLE ENTITIES TO USE CAUTION IN THEIR DISCLOSURE, AND MAKE SURE THEY ARE BEING TRUE TO LABEL In a recent decision by the Federal Court on 26 November 2021, Australian...
