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Showing 171 - 180 of 342 results for "Investigations"

Wealth management investigations spike

KANIKA SOOD  |  FRIDAY, 21 JUN 2019
The corporate regulator's wealth management investigations increased 129% in the year to March 2019, ASIC commissioner John Price said yesterday. In opening comments to a keynote panel discussion at the Governance and Risk Management Forum in Melbourne ...

ASIC bans AFSL chief executives

ELIZABETH MCARTHUR  |  MONDAY, 29 APR 2019
... House. Worboys was also the chief executive and founder of Halifax Investment Services, which is in administration. Investigations are continuing into the company, with ASIC having suspended its financial services licence in January. Barnett's LinkedIn ...

APRA to up the ante

HARRISON WORLEY  |  TUESDAY, 16 APR 2019
... the adequacy of penalties. The review also recommended that the Government remove barriers to conducting joint investigations with ASIC, including allowing the two regulators to share the information they collect. "APRA and ASIC should have full and ...

ASIC outlines enforcement efforts

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 APR 2019
... instances of individuals being removed or restricted from providing financial services or credit. This comes from 75 investigations opened by the regulatory body, 57 of which werecompleted. ASIC said it resolved 30 corporate governance related outcomes ...

ASIC flags post-RC criminal prosecutions

JAMIE WILLIAMSON  |  WEDNESDAY, 20 FEB 2019
The corporate regulator is anticipating a number of criminal actions to stem from its investigations into misconduct revealed at the financial services Royal Commission. Providing an update on its enforcement work in relation to the Royal Commission ...

ASIC enforcement must get tough: Commissioner

KANIKA SOOD  |  TUESDAY, 5 FEB 2019
... (ACCC). He stopped just short of recommending a civil enforcement agency for misconduct evidence gathered in ASIC investigations. While such a body could have specialist litigation expertise, and it would preserve the twin peaks model, it would be a ...

ASIC suspends online broker AFSL

KARREN VERGARA  |  TUESDAY, 15 JAN 2019
... meet its financial commitments. Morgan Kelly, a partner at Ferrier Hodgson, said all accounts remain frozen until investigations into what investors are owed and how much is available is complete. Kelly said as the platform is still operating, users ...

MetLife Australia wins tech award

KANIKA SOOD  |  TUESDAY, 8 JAN 2019
... award-winning platform did not use any machine learning or artificial intelligence. The team has done some initial investigations into AI, including into IBM Watson through its international teams. However, at this stage, the focus was on collecting ...

FPA reviews disciplinary regulations

JAMIE WILLIAMSON  |  WEDNESDAY, 12 DEC 2018
... afforded greater resources; consideration of entering into MOUs with ASIC where appropriate to assist enquiries and investigations; and more deputy chairs should be appointed as necessary to the CRC. Guidelines outlining what constitutes grounds for ...

Advisers failing to submit SMSF returns

DARREN SNYDER  |  TUESDAY, 11 DEC 2018
... total debt of about $115 million. "After six weeks, firmer action will be taken to enforce the laws, including investigations, prosecutions and proactive collection action where appropriate," Taylor said.