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Showing 201 - 210 of 1305 results for "Audit"

Bank of Queensland slapped with EU

CASSANDRA BALDINI  |  WEDNESDAY, 31 MAY 2023
APRA and AUSTRAC have agreed to a court enforceable undertaking (CEU) following weakness in the bank's risk management and money laundering controls. APRA said it's acted following several beaches or its prudential standards and a review that ...

More PwC staff to go, will remain anonymous

CASSANDRA BALDINI  |  TUESDAY, 30 MAY 2023
PwC acting chief executive Kristin Subbins confirmed the embattled firm will stand down more senior staff while tax breach investigations continue, however their names will not be revealed. In an open letter, Stubbins apologised for the firm sharing ...

Former fund manager director convicted

CHLOE WALKER  |  WEDNESDAY, 24 MAY 2023
Holly Grofski, formerly of Global Merces Funds Management, has been convicted and sentenced to six months' imprisonment for falsifying documents and providing false information to an auditor. Grofski, whose financial services licence was cancelled by ...

ASIC revokes Centurion subsidiary licence, suspends fund manager

ANDREW MCKEAN  |  WEDNESDAY, 24 MAY 2023
... wholesale client. The licence was suspended after Huntley Management failed to lodge financial statements and compliance plan audit reports for the 2021 and 2022 financial years for one of its managed schemes, RNY Property Trust. ASIC also found that ...

Super fund blunder likely down to bad data: Podcast

CASSANDRA BALDINI  |  THURSDAY, 18 MAY 2023
Holding Redlich partner Luke Hooper says when it comes to AustralianSuper's recent intra-fund consolidation breach, it's likely the root cause lays in data entry. The recent case of AustralianSuper refunding 100,000 members it had held multiple ...

Budget cuts advisers' power bills, admin burden

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
Operating a financial advice practice is set to become easier and cheaper under a raft of measures the federal government has introduced, which includes buffering the rising costs of power bills and reducing administration burdens. Federal treasurer ...

Venture capital rout rattles advice technology sector

KARREN VERGARA  |  MONDAY, 1 MAY 2023
... appointed liquidator of TIQK, a startup that provided an automated and objective assessment of financial advice, promising to audit Statements of Advice within a matter of seconds. Founded by Lane Cipriani in 2016 and led by Steve Brown as chief executive ...

HESTA adds Dahn to board

KARREN VERGARA  |  FRIDAY, 28 APR 2023
... down from the board of Spirit Super. Before Pitcher Partners, Dahn worked as an accountant gaining experience with KPMG in audit and Arthur Anderson in tax. She later held senior financial positions in the Victorian Government Departments of Premier ...

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 ...

New Australian digital assets bill to regulate crypto

ANDREW MCKEAN  |  THURSDAY, 30 MAR 2023
Crypto regulation in Australia has taken a giant leap, with Senator Andrew Bragg unveiling the Digital Assets (Market Regulation) Bill 2023. The Digital Assets Bill 2023 aims to transform Australia's digital asset landscape by implementing a robust ...