Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 141 - 150 of 342 results for "Investigations"

Grow Super co-founder in alleged betting scandal

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAY 2020
... Mathew Keeley as managing director and Peter Savage as chief executive of Grow Admin. Strike Force Mirrabei's investigations into the matter are ongoing.

ASIC secures $160m in remediation over junk credit insurance

ALLY SELBY  |  THURSDAY, 14 MAY 2020
... consistently failed customers. "As a result of the widespread failings in CCI we identified last year, ASIC has investigations underway and has secured a significant program of remediation for consumers," she said. "Over $160 million will be back in ...

Super must come together over cybercrime

HARRISON WORLEY  |  THURSDAY, 14 MAY 2020
... down to deal with fraud attempts. One confirmed case of identity theft put the scheme to a halt, as the AFP begun investigations. Deputy Treasurer Michael Sukkar said the ATO had not been compromised as a result of the fraudulent activity, but still ...

Curtains fall for two financial services companies

ALLY SELBY  |  MONDAY, 27 APR 2020
... both firms. ASIC applied to have both Audrn Group and Optima Lending Solutions wound up earlier this year, with investigations into both companies ongoing. South Australian-based Audrn has previously traded as Palm Remit Financial Group, Audrn Financial ...

Former ASIC lawyer joins private firm

ELIZA BAVIN  |  MONDAY, 20 APR 2020
... sides of the financial regulation spectrum," the law firm said. "Having run large-scale and complex enforcement investigations for ASIC and, more recently, acted on behalf of private clients in response to such matters." While at ASIC, she was one of ...

ASIC winds up three financial services companies

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2020
... circumstances where it holds concerns about the conduct of the affairs of those companies and their solvency. ASIC's said investigations into each of the companies are ongoing. The regulator cancelled the AFSL of Marigold Falconer in August 2016 when ...

HUB24 also in line at Sargon

KANIKA SOOD  |  FRIDAY, 28 FEB 2020
... The Taiping secured loan was used to buy Tidswell Financial Services and Diversa Trustees, according to initial investigations by EY. The sales process for the eight companies had received interest from about 60 parties as at February 13. An exclusive ...

ASIC turns up the heat on enforcement

HARRISON WORLEY  |  THURSDAY, 27 FEB 2020
... latest six monthly report into its enforcement and regulatory work, ASIC has revealed a 52% increase in enforcement investigations involving Australia's largest financial institutions, including the Commonwealth Bank, NAB, Westpac, ANZ and AMP and their ...

Analyst guilty of insider trading

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2020
... administrators determined Big Un was likely insolvent for more than a year while still listed on the ASX. ASIC said its investigations into Big Un and its officers and executives is continuing.

Wells Fargo coughs up $4.5 billion

ALLY SELBY  |  MONDAY, 24 FEB 2020
... blame upon individual employees to remove onus from Wells Fargo management and its board of directors. During its investigations, the SEC found that millions of customers were ripped off by the bank. "The order finds that Wells Fargo sought to induce ...