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Showing 141 - 150 of 4084 results for "Conduct"

Former Income Asset Management staffer embezzles $1.5m

KARREN VERGARA  |  TUESDAY, 23 SEP 2025
A former Income Asset Management (IAM) employee has funnelled $1.5 million from the company using a bank account used by a "minority sub-custodian". IAM said it suspected fraudulent transfers made from a bank account maintained by its previous sub-custodian ...

Federal court slams director for 'fanciful' asset valuation

ELIZA BAVIN  |  TUESDAY, 23 SEP 2025
... investors during the period. The court also found that Hodgson and MacroLend engaged in very serious misleading or deceptive conduct in claims made in material provided to investors for investments in another company in the Paladin Group, Kradle Software. ...

ASIC chair calls it quits

KARREN VERGARA  |  FRIDAY, 19 SEP 2025
ASIC chair Joe Longo has tendered his resignation, to finish up in 2026. In June, Longo told the Secretary to the Treasury he would not be seeking an extension of his term, which finishes up on 31 May 2026. A former lawyer, Longo replaced James Shipton ...

Equity Trustees slashes value of Shield investments

JAMIE WILLIAMSON  |  THURSDAY, 18 SEP 2025
... looking at, a range of investigations we're looking at, and the number of investors who have been affected by this conduct is, I would have thought, closer to 25,000 or 30,000."

FEATURE: Problem detected

MATTHEW WAI  |  THURSDAY, 18 SEP 2025
While financial services organisations may be comfortable with taking risks, certainly when it comes to investing, there are other types of risks they're not so familiar with. It may be 2025, but we continue to consistently see examples of organisations ...

Former staffer sues ASX, Lofthouse over bullying

ELIZA BAVIN  |  TUESDAY, 16 SEP 2025
... arrangements for the maintenance and support of CHESS," the ASX said. On June 26, ASIC appointed three panel members to conduct an inquiry into the ASX. Leading the inquiry is Commonwealth Bank independent non-executive director Rob Whitfield as chair. ...

ANZ fined $240m for bond trading, retail misconduct

KARREN VERGARA  |  MONDAY, 15 SEP 2025
ANZ has copped a whopping $240 million fine for bank-wide "unconscionable conduct" that includes admitting it was guilty of misleading the government over the $14 billion bond scandal. The misconduct relates to five separate matters spanning the retail ...

ASIC takes aim at super, private markets

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
... sector. "This is assisting us to better understand current disclosure, distribution, conflicts of interest, valuation, conduct practices and use of ratings in the sector," she said. "The early indications from our surveillance report that we'll be releasing ...

Family offices stand firm on sustainable investing

KARREN VERGARA  |  WEDNESDAY, 10 SEP 2025
Family offices say they remain committed to sustainable investments despite ongoing political and financial uncertainty, according to a survey by the Sustainable Finance Initiative (SFI). Nearly all the 144 Asia Pacific family offices surveyed feature ...

Federal Court slaps Mawhinney with 15-year ban

KARREN VERGARA  |  MONDAY, 8 SEP 2025
... relief, saying that unless he is restrained "there is an unacceptable risk" that Mawhinney will re-enter the fray and conduct, most likely through corporate vehicles, a financial services business that "adopts a financially reckless approach that exposes ...