Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 91 - 100 of 342 results for "Investigations"

Link Fund Solutions hit with further legal action

JAMIE WILLIAMSON  |  TUESDAY, 17 JAN 2023
... were then told to serve any claims by January 18. About 20,000 claimants are represented by the firms. "From our investigations, we believe that Link allowed WEIF to hold excessive illiquid or difficult-to-sell investments, which caused investors significant ...

Dixon Advisory pays $7m for poor advice

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
... diversified and exposed to risk of capital loss, ASIC said. Justice McEvoy said there is no evidence that reasonable investigations into the products or alternatives were conducted, nor that the personal circumstances of the clients were considered. ...

Insurers are 'fishing' for non-disclosures: ASIC

ANDREW MCKEAN  |  FRIDAY, 2 SEP 2022
... the potential consumer harm resulting from the overuse of intrusive claims handling practices like non-disclosure investigations and physical surveillance. The regulator's review of nearly 4800 individual disability income insurance claims found that ...

UK regulator appoints Camille Blackburn to leadership team

CASSANDRA BALDINI  |  WEDNESDAY, 6 JUL 2022
... strategy, policy, international and intelligence. It promoted Anthony Monaghan to director of retail and regulatory investigations and advised interim director Simon Walls will continue in the role of director of wholesale, sell-side on a permanent b ...

DWS chief resigns amid greenwashing claims

JAMIE WILLIAMSON  |  THURSDAY, 2 JUN 2022
... investigation into allegations of greenwashing by the group's former chief sustainability officer. There is currently two investigations underway into the matter, this one in Germany and another being undertaken in the US by the Securities and Exchange ...

Charges laid in lengthy ASIC investigation

JAMIE WILLIAMSON  |  MONDAY, 16 MAY 2022
... the time. Elsmore Resources was subsequently de-listed in August 2016. At the time of the banning, ASIC said its investigations into Howard were ongoing. Howard faces two years in prison or a fine of up to $11,000 for each of the 17 charges laid.

Modern Slavery Act needs strengthening: Panel

RACHEL ALEMBAKIS  |  THURSDAY, 14 APR 2022
... worse, said Jeff Bond, senior director, sustainability consulting (APAC), Elevate. Bond noted that Elevate conducts investigations on the ground in various markets to gain a grounded view on labour and human rights related issues, as well as conducting ...

APRA 'digging into' super fund contributions to unions

ANDREW MCKEAN  |  WEDNESDAY, 13 APR 2022
... questioning from Senator Andrew Bragg at Senate estimates, prudential regulator APRA shared it has done some preliminary investigations about payments to unions. Bragg has claimed that superannuation which should be for workers has turned into a sinkhole ...

JANA hires legal expert from industry fund

KARREN VERGARA  |  WEDNESDAY, 19 JAN 2022
... serving as a senior solicitor and principal. Hunt also worked for APRA's enforcement group where she conducted investigations into breaches of superannuation laws. The new role focuses on managing JANA's contractual relationships, governance and ongoing ...

Longo's ASIC less aggressive: Report

ELIZABETH MCARTHUR  |  FRIDAY, 10 DEC 2021
... of reforms in October and reminded industry that the full suite of ASIC's regulatory tools (including 'express investigations' and enforceable undertakings - a flexible resolution mechanism) are now back on the table," the law firm explained. "Against ...