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Showing 151 - 160 of 333 results for "Watchdog"

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.

DomaCom and ASIC reach agreement on retirement products

JAMIE WILLIAMSON  |  WEDNESDAY, 13 SEP 2017
... in early-2018, the decision by ASIC brings a close to a four-and-a-half year battle between DomaCom and the corporate watchdog. DomaCom chief executive Arthur Naoumidis said the product, which allows retirees to sell part of their home while remaining ...

Suncorp Tower takeover denied by competition watchdog

EMMA RAPAPORT  |  THURSDAY, 27 JUL 2017
Fears that "substantially lessened" competition in New Zealand's personal insurance market would result from Suncorp's takeover of Tower has led to the New Zealand Commerce Commission denying the proposed merger. In a statement commission chairman Mark ...

ASIC bans ex-AMP adviser

KARREN VERGARA  |  TUESDAY, 27 JUN 2017
... concerns about how he arranged completing clients' paperwork and questioned the integrity of such records. The corporate watchdog decided to ban Fong permanently on the grounds he engaged in dishonest conduct relating to client records and applications ...

Permanent ban for ex-OnePath adviser

KARREN VERGARA  |  MONDAY, 19 JUN 2017
... advisers banned from the financial services industry, according to ASIC deputy chair Peter Kell. It is part of the corporate watchdog's Wealth Management Project aiming to lift the standards of major financial advice providers, namely NAB, Westpac, CBA ...