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Tasavallan presidentin esittelyn ja valtioneuvoston yleisistunnon asialistat 29.6.2021 valtioneuvosto.fi - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from valtioneuvosto.fi Daily Mail and Mail on Sunday newspapers.
Mayfair founder James Mawhinney has said a new venture he’s offering to investors is within the bounds of the law despite being hit with a 20-year ban from financial services in April. ....
Mayfair founder's new offer 'compliant with court orders' investordaily.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investordaily.com.au Daily Mail and Mail on Sunday newspapers.
Federal Court rules for CASA in Angel Flight Case 11 May 2021 Justice Anderson handed down his decision this morning, also awarding costs against the aviation charity. Angel Flight was seeking to have the Federal Court strike out the conditions placed on Angel Flight pilots and aircraft maintenance standards, saying the regulator had acted outside its authority ( ultra vires) and that CASA s exercise of its power was unreasonable. Justice Anderson ruled that Angel Flight had not established the grounds on which they applied for the review, rejecting the four grounds of ultra vires submitted, mostly on interpretation of legistative and regulatory instruments that frame CASA s authority. ....
Anderson said there was a high likelihood that Mawhinney, or entities controlled by him, would engage in similar conduct if not prevented by the court from doing so. “Mr Mawhinney’s conduct can accurately be described as reprehensible conduct which demonstrates a complete disregard for financial services laws and, as a consequence, places the public at great risk of financial loss should Mr Mawhinney not be restrained by the form of injunction sought by ASIC,” Anderson said. In relation to the IPO Capital, Core Notes, M+ Notes, and IPO Wealth fund products, Anderson found Mawhinney engaged in conduct that was “inherently problematic, risky, and fatally flawed”. The companies that offered the Core Notes and the IPO Wealth Fund were in liquidation and redemptions in the remaining products had been suspended since March 2020. ....