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Showing 111 - 120 of 342 results for "Investigations"

Former adviser charged with $3.3m fraud

KARREN VERGARA  |  THURSDAY, 27 MAY 2021
... defrauded clients between May 2017 and March 2020 as an authorised representative of Sentinel. The police kicked off investigations in March 2020, when the North Shore Police Area Command received reports of an alleged fraud committed against an 86-year-old ...

Delay breach reporting law: AFA

KARREN VERGARA  |  FRIDAY, 16 APR 2021
... breach-reporting regulations when representatives engage in misconduct. Hayne recommended that significant breaches and investigations relating to suspected breaches must be reported within 30 days, and that criminal penalties should be increased for ...

Bernie Madoff dies in prison

ELIZABETH MCARTHUR  |  THURSDAY, 15 APR 2021
... Madoff's life expectancy was 18 months. The US Securities and Exchange Commission (SEC) had conducted five major investigations into Madoff, dating back to 1992, but had failed to find evidence of his fraud for over a decade. Madoff was at one point ...

Junk insurance lands Westpac in court

KARREN VERGARA  |  THURSDAY, 8 APR 2021
... investigation of 11 major banks and other lenders selling junk insurance. ASIC deputy chair Karen Chester said the investigations in late 2018 and 2019 found lenders had disappointingly not changed policies and conduct to stem harms from the design and ...

Credit Suisse confirms multibillion-dollar loss

JAMIE WILLIAMSON  |  WEDNESDAY, 7 APR 2021
... Credit Suisse has launched an investigation into the hedge fund matter and another into Greensill Capital. Both investigations are to be undertaken by third parties. Archegos Capital was a family office run by Bill Hwang. Other investment giants reportedly ...

ASIC drops Caddick charges

ELIZABETH MCARTHUR  |  TUESDAY, 30 MAR 2021
... Dover Heights home during the evening of Wednesday 11 November 2020. Police have since presumed Caddick dead and investigations in the circumstances surrounding her disappearance are ongoing. ASIC had found evidence that Caddick was misappropriating ...

APRA closes Westpac probe

ELIZA BAVIN  |  FRIDAY, 12 MAR 2021
... related matters. APRA said, having carefully considered the results of ASIC's investigation, it decided to close its investigations into the matter. APRA said despite the decision to close its investigation, Westpac is still subject to a court enforceable ...

ASIC pursues criminal charges in super

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAR 2021
... criminal charges with the Commonwealth Director of Public Prosecutions and is undertaking more than 20 enforcement investigations. Addressing the AFR Business Summit, ASIC deputy chair Karen Chester said its recent actions against Rest and Statewide ...

Woodford flags comeback

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
... recognised how long the FCA's investigation has taken, pointing out that it is "vital we investigate thoroughly and investigations are not limited at their outset". "Instead, we look at what all the evidence tells us before we make conclusions about ...

MLC Wealth general manager jumps to Ashurst

ELIZABETH MCARTHUR  |  TUESDAY, 13 OCT 2020
... remediation of customers at MLC following the Royal Commission as well as MLC's response to the ongoing regulatory investigations resulting from the conduct issues that were exposed.