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Showing 1011 - 1020 of 1611 results for "Investigation"

FSC hails register a step towards profession status

DARREN SNYDER  |  WEDNESDAY, 1 APR 2015
The Financial Services Council (FSC) welcomed the ASIC national register of advisers. Seen as an important step for rebuilding trust in the financial advice industry, FSC chief executive Sally Loane said the register of advisers is one of many important ...

Unlicensed adviser faces court

ALEX BURKE  |  MONDAY, 30 MAR 2015
... Licence between September 11 and June 2012. ASIC has since frozen over $3 million held by IIC during the course of its investigation. If convicted, Pousa faces a maximum penalty of both two years' imprisonment and a $22,000 fine.

Labor backs ASIC data retention authority

ALEX BURKE  |  MONDAY, 23 MAR 2015
... importance of "authorising ASIC and the ACCC to have access to telecommunications data to assist those agencies in the investigation and prosecution of white-collar crime." He added: "These amendments are critically important to making this bill what ...

NAB, ABS insider traders jailed

ALEX BURKE  |  WEDNESDAY, 18 MAR 2015
... all of which has been forfeited to the Commonwealth's Confiscated Assets Account. The sentencing follows a complex investigation led by the AFP and ASIC which revealed that a NAB employee had been working closely with a partner at the ABS to use sensitive ...

ASIC bans Charterhill director from financial services

ALEX BURKE  |  WEDNESDAY, 11 MAR 2015
... 2014. As a result of this ban, Nowak can no longer act as company director. This announcement follows ASIC's ongoing investigation into the Charterhill Group, which focused on property investment through SMSFs and went into insolvency in January 2014 ...

Nationals pressure Treasury for RC into white collar crime

LAURA MILLAN  |  MONDAY, 23 FEB 2015
... people who have been victims of bad financial planning and failed investment schemes, and they're pressuring for an investigation." Williams believes that "the weight is leaning now towards a Royal Commission," following revelations by Fairfax that ASIC ...

SMSFs attract too much criticism

MARK SMITH  |  THURSDAY, 19 FEB 2015
... members against themselves." He also admitted that a recent Australian Securities and Investments Commission (ASIC) investigation into the quality of SMSF advice had unearthed too many problems. "We still have some way to go before everyone in the country ...

ASIC ends Macquarie EU but sees gaps in advice files

LAURA MILLAN  |  FRIDAY, 13 FEB 2015
... Macquarie Private Wealth (MPW) advisers are being investigated and said that ASIC is "in a critical phase on this investigation." He added that MPW has gone through "a major cultural change" and that "KMPG has found no cases of inappropriate advice since." ...

Ex-ANZ adviser sent to jail over $6m fraud

LAURA MILLAN  |  WEDNESDAY, 11 FEB 2015
... million to 140 clients with whom it has reached agreement on the payment compensation. ANZ and M3 cooperated with the investigation by the Australian Securities and Investments Commission (ASIC) and also engaged Clayton Utz and Ernst and Young to ensure ...

ATO recovers $30 million from HSBC accounts

ALEX BURKE  |  TUESDAY, 10 FEB 2015
... Elle Macpherson, former ANZ chair Charles Goode and late media proprietor Kerry Packer, have been linked to the investigation - although there is no indication as to whether or not these were among the accounts that were incorrectly reported to the ATO. ...