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No hard time limit on criminal charges against ME Bank, prosecutors say
ASIC 2022-05-18 1:09 pm By Christine Caulfield

Challenging a ruling that tossed half the charges brought against direct bank Members Equity, prosecutors have told an appeals court the ASIC Act does not impose a strict deadline for bringing a criminal case of misleading or deceptive conduct.

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Full Court tosses James Ashby’s appeal over $4.5M legal bill
Appeals 2022-05-12 11:29 pm By Cat Fredenburgh

One Nation chief-of-staff James Ashby has failed to revive his lawsuit alleging the federal government breached the Fair Work Act by not paying his $4.5 million legal bill stemming from a dropped sexual harassment case against former House speaker Peter Slipper.

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Top silk had to take Christian Porter brief under cab rank rule, court hears
Anne Horvath 2022-04-20 8:29 pm By Cindy Cameronne

Former attorney-general Christian Porter has told the Full Court that silk Sue Chrysanthou had to act for him in his defamation action against the ABC over an article airing historical rape allegations, saying she could not refuse the brief simply because a friend of his rape accuser “wishes him ill”.

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CommSec agrees to $20M penalty for ‘serious and unacceptable’ system failures
ASIC 2022-03-03 9:02 pm By Bianca Hrovat

Commonwealth Bank unit CommSec has agreed to pay a $20 million penalty for a series of “serious and unacceptable” failures that lead to excessive fee charges, a court has heard.

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Money transfer business directors face jail in first criminal cartel sentencing of individuals
Abilene Singh 2022-02-03 1:47 pm By Christine Caulfield

The directors of two money transfer businesses will be the first individuals to be sentenced for criminal cartel offences after pleading guilty Thursday to charges over the fixing of foreign exchange rates.

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Vina Money Transfer to plead guilty in criminal cartel case
Abilene Singh 2021-11-29 10:09 pm By Cindy Cameronne

Money transfer business Vina Money Transfer and two of five individuals accused of fixing foreign exchange rates on millions of dollars transferred between Australia and Vietnam will plead guilty to criminal cartel charges, a court has heard.

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Crane maker NQCranes loses bid to strike out ACCC’s cartel case
ACCC 2021-10-20 12:20 pm By Cindy Cameronne

Queensland crane company NQCranes has lost its bid to strike out the bulk of the ACCC’s amended case alleging it engaged in a conspiracy with a multinational rival to divide the Brisbane and Newcastle markets.

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Prosecutors close to resolving criminal charges in cartel case against Vina Money
Abilene Singh 2021-09-28 1:25 pm By Miklos Bolza

Prosecutors have told a court they are nearing deals with a number of individuals accused of criminal charges in its cartel case against Vina Money Transfer.

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Cartel charges could be trimmed in forex price-fixing case against Vina Money
Abilene Singh 2021-08-17 4:30 pm By Cindy Cameronne

Prosecutors might cut the number of criminal cartel charges levelled against money transfer business Vina Money and five individuals who allegedly fixed the foreign exchange rate on millions of dollars transferred between Australian and Vietnam between 2011 and 2016, a court has heard.

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Crane maker NQCranes blasts ACCC’s ‘bizarre’ new claims in cartel case
ACCC 2021-07-26 5:26 pm By Christine Caulfield

Queensland crane company NQCranes wants to strike out the bulk of the ACCC’s amended case alleging a conspiracy with a multinational rival to divide the Brisbane and Newcastle markets, saying there was no evidence of the regulator’s new allegations of a second cartel agreement.

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