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Showing 191 - 200 of 545 results for "Investigate"

Calls to investigate treatment of AMP advisers

ELIZABETH MCARTHUR  |  FRIDAY, 26 JUN 2020
... Resort (BOLR) agreements. Labor senator for NSW Deborah O'Neill has written to ASIC chair James Shipton, urging him to investigate the AMP BOLR changes. Last year AMP made changes to its BOLR agreements, which guarantee the value of AMP Financial Planning ...

German fintech goes bust, $2.9bn gone

ELIZA BAVIN  |  FRIDAY, 26 JUN 2020
German fintech Wirecard, has filed for insolvency after revealing over $2.9 billion in cash missing from its balance sheet didn't exist. The company's former chief executive Markus Braun was arrested days after stepping down over allegations of inflating ...

ASIC sues CBA, CFS over RC case

HARRISON WORLEY  |  TUESDAY, 23 JUN 2020
... was first raised at the Royal Commission, and ASIC deputy chair Daniel Crennan said the regulator's decision to investigate, based on Commissioner Hayne's referral, demonstrates the regulator's commitment to its Royal Commission litigation ...

APRA hands reins to ASIC in AUSTRAC case

ALLY SELBY  |  THURSDAY, 18 JUN 2020
... AUSTRAC's allegations against Westpac. To limit any overlap, the prudential regulator will hand over responsibilities to investigate any matters that contravene accountability obligations under the Banking Executive Accountability Regime (BEAR) and standards ...

Financial services demands more mental health support

HARRISON WORLEY  |  WEDNESDAY, 17 JUN 2020
COVID-19 has caused an uptick in the demand for access to mental health and wellbeing training for the employees of financial services firms, according to SuperFriend. New analysis by the wealth management industry's mental health partner reveals a ...

FSU calls for NAB staff to audit pay

ALLY SELBY  |  MONDAY, 15 JUN 2020
... employees had been underpaid $1.3 million. FSU Queensland secretary Wendy Streets said the union had pressured NAB to investigate the remuneration of contracted Group 3 and 4 workers earlier this year "This has been a long-running issue with workers ...

Industry fund drops Rio Tinto amid sacred site outcry

HARRISON WORLEY, ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
... Rio Tinto has both publicly apologised for the distress its actions caused and commissioned an independent review to investigate the circumstances surrounding the incident. As reported by the Australian Financial Review this week, recordings of an internal ...

ASIC quietly granted new access to phone taps

ELIZABETH MCARTHUR  |  THURSDAY, 11 JUN 2020
... information about interception warrants or lawfully intercepted information to ASIC for any serious offences that ASIC can investigate," the memorandum said. "The amendments also allow an ASIC member or staff member to use, record or provide another ...

IFM Investors hits back at MP demanding probe

KANIKA SOOD  |  THURSDAY, 4 JUN 2020
... business and the demand for an APRA investigation into industry funds. Last month, Wilson wrote to APRA asking it to investigate industry superannuation funds' use of services from businesses related to them, which he termed as vertical integration. ...

Sargon liquidators want to dig deeper

KANIKA SOOD  |  FRIDAY, 29 MAY 2020
... recoveries in the administration," the report reads. "Unless funding is available to undertake public examinations, investigate specific transactions and litigate claims, there may be insufficient asset realisations available for any dividend to creditors." ...