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Showing 1111 - 1120 of 1612 results for "Investigation"

ASIC admits Commonwealth FP investigation was "not adequate"

LAURA MILLAN  |  MONDAY, 5 AUG 2013
Communication with the whistleblowers who revealed poor practices within the Commonwealth Bank Financial Planning (CFP) unit was inadequate the Australian Securities and Investments Commission (ASIC) has admitted. ASIC recently submitted a 18-page document ...

Perth mortgage broker permanently banned

LAURA MILLAN  |  THURSDAY, 18 JUL 2013
... Australian Securities and Investments Commission (ASIC) has permanently banned a Perth-based mortgage broker. An ASIC investigation found that he had falsified a letter stating finance approval had been provided for a client and then forwarded it to ...

Perth broker gets 3 year ban for falsifying documents

LAURA MILLAN  |  FRIDAY, 12 JUL 2013
A Perth-based finance broker has been banned from financial services for three years after an investigation found he falsified documents to support the loan applications of his clients without their knowledge. Mathew David Schmelzkopf, of Kelmscott ...

ASIC slaps permanent ban on insurance claim manager

MARK SMITH  |  WEDNESDAY, 10 JUL 2013
ASIC has permanently banned a Victorian insurance claims manager from providing financial services after an investigation found he fraudulently pocketed more than $1 million. Travers David Loy, of Heathmont in Victoria, was the national claims manager ...

ASIC bans Gateway Financial adviser permanently

LAURA MILLAN  |  MONDAY, 8 JUL 2013
... ASIC has also permanently banned former managing director of All Class Insurance Brokers Leroy Bowmaker after an investigation found that he was not competent to provide financial services.

Adviser uses dead people to earn commission

JAMES FERNYHOUGH  |  FRIDAY, 5 JUL 2013
... account. When they fall short, ASIC will take direct enforcement action," ASIC deputy chairman Peter Kell said. ASIC's investigation in Vyas is continuing.

Wilson HTM MD resigns on securities buyout plans

ALICE URIBE  |  TUESDAY, 2 JUL 2013
... allegations of inappropriate behaviour made against Coppin, by two former employees, which prompted an internal investigation, have not been substantiated by the independent investigator commissioned by the board. Alexander (Sandy) Grant has been appointed ...

Wilson HTM halts trade ahead of announcement

LAURA MILLAN  |  TUESDAY, 2 JUL 2013
... Exchange (ASX). Although it didn't specify what kind of discussions, the Wilson HTM board has been conducting an investigation on its managing director Andrew Coppin for months. The investigation on Coppin was prompted by claims of two former staff members ...

Former Everest CEO banned from financial services

LAURA MILLAN  |  THURSDAY, 27 JUN 2013
... financial services (AFS) licence and be employed by a financial services company. ASIC accepted Reid's EU following an investigation into his conduct between December 2007 and June 2008 as a director Everest Capital. Everest, which is now known as Redleaf ...

ASIC far too slow to act on misconduct: Senator

LAURA MILLAN  |  FRIDAY, 21 JUN 2013
... stemmed from our comprehensive review of the matter," CBA said. However, the inquiry will not only look at ASIC's investigation of the CBA case, but at the regulator's overall performance. Williams mentioned other cases where ASIC may have taken a long ...