OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
Reserve Bank censures ANZ
The Reserve Bank has revoked ANZ Bank New Zealand Limited’s (ANZ) accreditation to model its own operational risk capital requirement due to a persistent failure in its controls and attestation process. ANZ is now required…
Adelaide financial adviser banned for five years
ASIC has banned Adelaide-based adviser Peter Anthony Chigwidden from providing financial services for a period of five years. Following a review of Mr Chigwidden’s advice, ASIC found that Mr Chigwidden consistently failed to address the…
ASIC Commences Civil Penalty Proceedings Against ANZ for…
ASIC has today commenced civil penalty proceedings in the Federal Court of Australia against Australia and New Zealand Banking Group Limited (ANZ) for an alleged continuous disclosure breach in relation to a $2.5 billion institutional…
Federal Court finds Westpac traded to affect the…
Justice Beach of the Federal Court today found that Westpac engaged in unconscionable conduct under s12CC of the Australian Securities and Investments Commission Act 2001 (Cth) by its involvement in setting the bank bill swap reference rate…