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Showing 1341 - 1350 of 6175 results for "Statement"

Disgraced lobbyist charged

ALLY SELBY  |  FRIDAY, 26 JUN 2020
A disgraced American lobbyist, businessman and movie producer, who was played by actor Kevin Spacey in a movie about his life, has been charged over his role in a fraudulent bitcoin scheme. Jack Abramoff, who in 2006 was sentenced to six years in federal ...

German fintech goes bust, $2.9bn gone

ELIZA BAVIN  |  FRIDAY, 26 JUN 2020
German fintech Wirecard, has filed for insolvency after revealing over $2.9 billion in cash missing from its balance sheet didn't exist. The company's former chief executive Markus Braun was arrested days after stepping down over allegations of inflating ...

New requirements for SMSFs

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2020
The Australian Taxation Office has announced new accounting requirements for SMSFs, which will come into effect 1 July 2021. New accounting standard AASB 2020-2 has been released by the Australian Accounting Standards Board (AASB) and will come into ...

AMP Life sale nears completion, new execs appointed

KANIKA SOOD  |  TUESDAY, 23 JUN 2020
... interest of NZ policyholders. Resolution Life New Zealand's board will be chaired by Anne Blackburn, Resolution said in a statement.

Another billion removed from super

ELIZA BAVIN  |  MONDAY, 22 JUN 2020
... be providing false or misleading information could face penalties of more than $12,000 for each false and misleading statement. Additionally, it said it will be targeting people who withdraw and recontribute to their super to gain a tax deduction. "Withdrawing ...

ATO cracks down on ERS misuse

ELIZA BAVIN  |  MONDAY, 22 JUN 2020
... criteria and making false statements or fraudulent attempts to meet the criteria. The ATO said each false and misleading statement will carry a penalty of over $12,000. Additionally, the ATO said it is on the lookout for people seeking to withdraw and ...

Chief economist update: Victoria's Cinderella moment

BENJAMIN ONG  |  MONDAY, 22 JUN 2020
... vice-versa. Wealth before health. This is underscored by Australian Industry Group's (AiG) chief executive Innes Wilcox statement that: "It is crucial that nationally our economy is able to open as far as possible to drive business and consumer confidence... ...

Judgement delivered in binary options fraud

ALLY SELBY  |  FRIDAY, 19 JUN 2020
The Federal Court of Australia has slapped a trading company with a $1.8 million fine, while two people have been barred from financial services for their involvement in the fraudulent binary options scheme. The judgement comes following findings made ...

Platform prototypes compliance capability

ALLY SELBY  |  THURSDAY, 18 JUN 2020
HUB24 is developing a new tech capability, which it says will identify compliance issues before they happen. The specialist platform is currently working with five licensees to build the tool, including its subsidiary Paragem, which will use machine ...

Sargon buyers announce execs, ditch Sargon name

KANIKA SOOD  |  THURSDAY, 18 JUN 2020
... as a trustee and custodian of such a critical and important asset class as retirement savings," the company said in a statement. Price said his immediate priority will be to restore confidence in the business, while maintaining and building its technology ...