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Showing 111 - 120 of 297 results for "Watchdog"

ASIC slams unacceptable reporting breaches

KARREN VERGARA  |  WEDNESDAY, 26 SEP 2018
... investigation was launched to a breach report being lodged with ASIC, this took an average of 150 days. The corporate watchdog also put Bank of Queensland, Bendigo Bank, Credit Union Australia, Greater Bank, Heritage Bank, Macquarie and Suncorp under ...

ASIC co-deputy chair named

KARREN VERGARA  |  THURSDAY, 29 MAR 2018
... remain in their roles for one and two years respectively. O'Dwyer added an additional deputy will also give the corporate watchdog's leadership the flexibility to support the implementation and administration of its new powers and increased responsibilities ...

ASIC hits former Westpac, NAB, YBR adviser with permanent ban

ALEX BURKE  |  MONDAY, 5 MAR 2018
... action on those failing to deliver ongoing advice services to financial advice customers paying for such services. The watchdog outlined that instances in which licensees claiming to provide only general advice to retail clients while selling financial ...

ASIC to target non-compliant advisers and AFSLs

JAMIE WILLIAMSON  |  THURSDAY, 1 MAR 2018
... action on those failing to deliver ongoing advice services to financial advice customers paying for such services. The watchdog outlined that instances in which licensees claiming to provide only general advice to retail clients while selling financial ...

CBA affirms BBSW position

DARREN SNYDER  |  TUESDAY, 27 FEB 2018
... as well as creating an artificial price and a false appearance to the market regarding some products, ASIC said. The watchdog is seeking from the Federal Court pecuniary penalties and a compliance program for CBA to implement. Bank bills are short-term ...

ASIC bans former NAB, Westpac adviser

KARREN VERGARA  |  TUESDAY, 27 FEB 2018
... Westpac between 2010 and 2015. He went on to work at GWM Adviser Services, a NAB subsidiary, until 2017. The corporate watchdog found Ramsay failed to make appropriate inquiries to determine if some clients' existing products met their needs. In other ...

CBA embroiled in rate-rigging allegations

KARREN VERGARA  |  WEDNESDAY, 31 JAN 2018
... as well as creating an artificial price and a false appearance to the market regarding some products, ASIC said. The watchdog is seeking from the Federal Court pecuniary penalties and a compliance program for CBA to implement. The newest lawsuit compounds ...

Former Fidante-aligned boutique targeted by UK regulator

JAMIE WILLIAMSON  |  THURSDAY, 30 NOV 2017
... In what is the first case to see the UK's Financial Conduct Authority exercise its competition enforcement powers, the watchdog alleges that in 2015 former Fidante Partners boutique River & Mercantile Asset Management shared details with BNY Mellon's ...

UK asset consultants face competition scrutiny

KARREN VERGARA  |  MONDAY, 18 SEP 2017
... anti-competitive practices of investment consultants have been referred to a consumer protection and anti-competition watchdog to further investigate the industry. The FCA announced it made a final decision to formally refer its concerns to the Competition ...

BEAR regime must extend entire industry: Medcraft

JAMIE WILLIAMSON  |  WEDNESDAY, 13 SEP 2017
... the tree." Medcraft conceded that the issue will stand as his biggest piece of unfinished business when he departs the watchdog in November.