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Showing 221 - 230 of 557 results for "Investigate"

Adviser bans fall

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
... said ASIC has worked on developing its enforcement strategy and priorities for 2019-21 and increase its capacity to investigate market, corporate and financial sector misconduct. The regulator said it has also focused on using its additional resources ...

Whistleblowers rewarded US $570k

ELIZABETH MCARTHUR  |  THURSDAY, 26 MAR 2020
Two whistleblowers in the US have been rewarded for their efforts with the Securities and Exchange Commission awarding them a combined US $570,000. The first whistleblower received US $478,000 and the second US $94,000. The SEC did not reveal which ...

SMSF property adviser pleads guilty

ELIZA BAVIN  |  MONDAY, 24 FEB 2020
The director of a 'one-stop-shop' for SMSFs has pleaded guilty to 17 counts of aggravated deception and one count of dishonest dealings with documents. George Nowak, director of EJ Property Developments, formerly Charterhill, entered the guilty plea ...

Tax chiefs crack down on tax evasion

ELIZA BAVIN  |  FRIDAY, 21 FEB 2020
... into the financial institution and its clients is just one example of the work the ATO has been doing with the J5 to investigate Australians who are using offshore arrangements to evade their tax obligations. "Tackling the abuse of correspondent banking ...

McGrathNicol launches cyber protection tool

HARRISON WORLEY  |  WEDNESDAY, 19 FEB 2020
... of human behaviours and their use of technology". The system uses inbuilt mechanisms which allow users to quickly investigate potential risks, and is backed by McGrathNicol's risk management, investigations, digital forensics and cyber security expertise. ...

SMSF adviser hit with ban

ELIZABETH MCARTHUR  |  MONDAY, 6 JAN 2020
ASIC has banned a self-managed super fund adviser from providing financial services for five years for failure to meet best interests obligations. Wayne Blazejczyk was investigated by ASIC when he was an authorised representative of Ballast Financial ...

What you read in 2019: Financial advice

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
... contracts entitling them to a multiple of 4x recurring revenue. According to numerous sources, AMP was and continues to investigate these firms with the aim of uncovering past compliance indiscretions, using today's standards to enable them to slash ...

ASIC takes action against former AMP adviser

HARRISON WORLEY  |  THURSDAY, 5 DEC 2019
... action falls within the corporate regulator's Wealth Management Major Financial Institutions Portfolio, which sees ASIC investigate the potential failings of Australia's six largest financial institutions: NAB, Westpac, CBA, ANZ, Macquarie and AMP.

Tasplan chief to exit, merger confirmed

KANIKA SOOD  |  FRIDAY, 29 NOV 2019
... Tasplan Chair Naomi Edwards. In June, the two funds said they had entered into a binding Memorandum of Understanding to investigate a possible merger that would see the creation of a $22 billion fund. This morning, it was confirmed an unconditional agreement ...

Former Apogee, GPS Wealth advisers banned

JAMIE WILLIAMSON  |  THURSDAY, 7 NOV 2019
... clients' best interests and failing to provide appropriate advice. Surveillance by ASIC found Rothnie failed to properly investigate and document his clients' relevant financial and personal circumstances. He also failed to give adequate consideration ...