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Showing 101 - 110 of 252 results for %22Victims%22

Labor responds to Royal Commission, sheds light on victims of misconduct

HARRISON WORLEY  |  TUESDAY, 13 NOV 2018
... submitted a response to Commissioner Kenneth Hayne's interim report, documenting feedback to the Royal Commission through victims of bank misconduct, including claims banks go out of their way to avoid compensation settlements. In its submission ...

Labor proposes RC implementation task force

KANIKA SOOD  |  FRIDAY, 28 SEP 2018
... said. "There is a strong case to consider extending the banking Royal Commission in order to hear from more people, more victims in more parts of Australia." Labor called for the Royal Commission in April, 2016 and Prime Minister Scott Morrison voted ...

Financial abuse: A hidden epidemic

JAMIE WILLIAMSON  |  MONDAY, 6 AUG 2018
... support initiatives, including training branch staff and financial counsellors in identifying and supporting potential victims. While speaking at a forum hosted by Financial Standard and Challenger earlier this year, KJB Law senior solicitor Kerstin ...

Government consults on super access for victims of crime

JAMIE WILLIAMSON  |  MONDAY, 28 MAY 2018
The Federal Government released draft proposals for improving compensation for victims of crime, including the ability to claw-back irregular superannuation contributions made by criminals. To ensure superannuation accounts cannot be used as a safe ...

More victims of financial crime in APAC: Reuters

HARRISON WORLEY  |  MONDAY, 28 MAY 2018
The latest financial crime research from Thomson Reuters found companies in Asia Pacific experienced financial crime above the global level. The survey found that globally 47% of companies had fallen victim to financial crime, however regionally, APAC ...

VOFF asks Medcraft to "face the music"

ALEX BURKE  |  WEDNESDAY, 23 MAY 2018
Victims of Financial Fraud (VOFF) are calling on former ASIC chair Greg Medcraft and deputy chair Peter Kell to answer for alleged mishandling of financial services regulation. VOFF wants Medcraft and Kell to be recalled to the Royal Commission so they ...

Federal government responds to white collar crime Senate inquiry

KANIKA SOOD  |  MONDAY, 7 MAY 2018
... Allowing disgorgement of profits in civil penalties, the government agreed that courts should give priority to compensating victims over collecting penalties. It has also agreed to expand ASIC's banning powers, allowing it to ban a person "not adequately ...

ROYAL COMMISSION: Our top stories

JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
... RC The Royal Commission censored the names of two AMP financial planning clients who currently don't know they are the victims of improper advice provided by an authorised representative. AMP knew as early as March 2017 the husband and wife suffered ...

AMP kept unsuspecting clients in the dark: RC

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... services Royal Commission censored the names of two AMP financial planning clients who currently don't know they are the victims of improper advice provided by an authorised representative. AMP knew as early as March 2017 the husband and wife suffered ...

Crime victims should receive super access: Poll

DARREN SNYDER  |  MONDAY, 9 APR 2018
Financial Standard readers mostly support a Federal Government proposal which would see victims of horrific crimes have an ability to access the superannuation balances of perpetrators. The publication's weekly spot poll shows about two-thirds (63%) ...