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Newmont CEO's Statement on Pending Acquisition of Newcrest Achieving Legal Effectiveness in Australia

DENVER, October 18, 2023 Newmont CEO’s Statement on Pending Acquisition of Newcrest Achieving Legal Effectiveness in Australia ....

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Australia regulator wins landmark 'continuous disclosure' case against ANZ

The Australian Securities and Investments Commission has won a landmark continuous disclosure case against ANZ.
In a ruling today (13 October) the Federal Court. ....

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Aussie lender ANZ loses case over troubled 2015 share placement worth $1.6 billion

The country's Federal Court found the third-largest lender guilty of breaking disclosure laws by failing to notify the market that between A$754 million and A$791 million of the shares were acquired by its underwriters instead of being placed with investors. The Australian Securities and Investments Commission (ASIC) in September 2018 sued ANZ over the issue, while the competition regulator in June 2018 filed criminal cartel charges against the lender and its two investment banks, Citigroup Inc and Deutsche Bank AG. ....

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5 Best Forex Brokers in Kenya

Admirals is well-known for its competitive spreads and transparent pricing model, both critical for profit maximization. Exness holds a prominent position as one of the highly favoured forex brokers in Kenya. The remarkable aspect that sets Exness apart is its wide variety of trading instruments available for traders. ....

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Australia sues Westpac for negligence over financial hardship notices

Under Section 72 of Australia's National Credit Code, an individual with overdue payments can request a change to the terms of their credit contract on the grounds of financial hardship, and creditors are expected to provide a response in writing within 21 days of being informed. The Australian Securities and Investments Commission (ASIC) has initiated civil penalty proceedings in the Federal Court against Westpac stating that shortcomings with the lender's online hardship notice process resulted in 229 Westpac customers not receiving a response on time, ASIC said in a statement. ....

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