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

Search Results

Showing 161 - 170 of 891 results for "Banned"

Quinbrook acquires US biofuel producer

RACHEL ALEMBAKIS  |  FRIDAY, 14 APR 2023
... organic waste streams to energy. Scaysbrook noted that an increasing number of US states, particularly in the northeast, have banned the dumping of organics in landfill, putting pressure on food manufacturers to find more efficient ways to use and dispose ...

Former Shaw and Partners adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 13 APR 2023
A former Shaw and Partners financial adviser was permanently banned by ASIC after it was determined he was not competent and likely to breach the law again. It followed an investigation that found he, among other things, accepted unlawful commissions ...

ASIC cans Binance AFSL

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... dollars and accepted Singapore-specific payment modes such as PayNow and PayLah," MAS said. In the UK, Binance Markets is banned from undertaking any regulated activity. "No other entity in the Binance Group holds any form of UK authorisation, registration ...

Linchpin, Endeavour directors found guilty

JAMIE WILLIAMSON  |  TUESDAY, 4 APR 2023
... of Endeavour. Daly is the former chair of the Association of Independently Owned Financial Professionals. All four were banned from providing financial services for five years in November 2019. Much of the money was allegedly used by Linchpin to make ...

ASIC bans Gold Coast adviser

CHLOE WALKER  |  FRIDAY, 31 MAR 2023
Gold Coast-based financial adviser Jeneve Matai has been banned from providing financial services for four years. Matai, an authorised representative and financial adviser of National Advice Solutions, was banned by ASIC in December last year for failing ...

Fund manager acquired by US fintech

JAMIE WILLIAMSON  |  THURSDAY, 30 MAR 2023
... however no definitive agreement has been signed. In December 2019, former Bateau Asset Management owner Wayne Blazejczyk was banned for five years. He was was responsible manager, director, owner and an authorised representative of Ballast Financial ...

Former AMP adviser pleads guilty to dishonest conduct

KARREN VERGARA  |  MONDAY, 27 MAR 2023
... knew to be false on forms submitted to AMP as part of client insurance applications. Three years later, ASIC permanently banned Fong from working in advice on the grounds he engaged in dishonest conduct relating to client records and applications for ...

February exam records 67% pass rate

KARREN VERGARA  |  MONDAY, 27 MAR 2023
... areas where they have underperformed. Bluepoint Consulting chief executive and co-founder Todd Karamian was permanently banned by ASIC recently for faking his exam results. In December 2021, Karamian changed the result on his Financial Adviser Certificate ...

BT to wind up Retirement Wrap

JAMIE WILLIAMSON  |  FRIDAY, 24 MAR 2023
... that were charged to close to 10,000 members, through to 2020. The issue was the premiums included commissions which were banned under the Future of Financial Advice reforms in 2013. BT Funds Management was fined $20 million by the court.

Advice group chief fakes exam result, banned

JAMIE WILLIAMSON  |  THURSDAY, 16 MAR 2023
The chief executive of a North Sydney financial advice group is permanently banned by ASIC for faking his Financial Adviser Exam results. In December 2021, Bluepoint Consulting chief executive and co-founder Todd Karamian altered the result on his Financial ...