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Showing 1341 - 1350 of 4171 results for "Action"

ASIC's Chester spills Crennan truth

ANNABELLE DICKSON  |  WEDNESDAY, 28 OCT 2020
... normal for the auditor-general to write to a minister and say that in order to gain greater confidence that appropriate action was taken." ASIC commissioner Cathie Armour said the regulator accepts the failings while Peterson went on to say ASIC's leadership ...

Financial crime victims fume at Shipton, Crennan

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 OCT 2020
The Victims of Financial Fraud (VOFF) group have written to senators slamming ASIC chair James Shipton for ignoring their requests for help but finding "time to submerge his own head in the trough allegedly at taxpayer expense". VOFF secretary John ...

Crackdown on SAN misuse continues

ELIZA BAVIN  |  WEDNESDAY, 28 OCT 2020
... that they had not audited. The auditor then got in contact with the ATO and the agency was able to take the appropriate action. "The agent will not be able to apply for registration for two years. Penalties will apply if they continue to provide tax ...

360 Capital moves to acquire Evans Dixon

KARREN VERGARA  |  TUESDAY, 27 OCT 2020
... Dixon's net tangible assets, and a 54% premium to its trading price shortly after ASIC announced its was taking legal action against Dixon Advisory and Superannuation Services (Evans Dixon's share price closed at 45 cents on September 4). ASIC ...

ASIC chair steps aside pending pay review

JAMIE WILLIAMSON, KANIKA SOOD, ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
... mindful of the need to avoid any conflict of interest... deputy chair Crennan has taken the same approach." He added that action should have been taken sooner to rectify the issue. Shipton was paid $855,364 in total remuneration, according to papers ...

Bendigo and Adelaide Bank overstates liquidity

ANNABELLE DICKSON  |  THURSDAY, 22 OCT 2020
... remuneration practices. APRA awaits the outcome of an internal Bendigo and Adelaide Bank review before determining whether further action is required.

QSuper head of advice exits

KARREN VERGARA  |  TUESDAY, 20 OCT 2020
... Hughes said: "It has been an honour to work in an organisation where members are truly at the heart of every decision and action taken. The commitment, passion, intelligence and humility of my team, executive colleagues and the board has been both professionally ...

NAB to pay $15m for Royal Commission case study

ELIZABETH MCARTHUR  |  MONDAY, 19 OCT 2020
... penalty imposed by the Court reflects the serious contraventions by NAB and is an important result for ASIC's first civil action alleging contraventions of s31(1) of the National Credit Act," ASIC deputy chair Daniel Crennan said. ASIC's investigation ...

Derivatives issuer cops $75m penalty

ELIZA BAVIN  |  MONDAY, 19 OCT 2020
... given misconduct identified across the sector. Where misconduct is detected, ASIC will continue to take strong enforcement action and hold wrongdoers to account."

Man arrested over investment scam

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
... the pandemic, many people are experiencing financial stress and can be susceptible to scams. "ASIC will continue to take action to protect consumers from unlicensed financial investments and fraudulent activity," he said. "ASIC's investigation has prevented ...