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Showing 231 - 240 of 1640 results for "Investigation"

Iress breach extends to OneVue business

JAMIE WILLIAMSON  |  WEDNESDAY, 15 MAY 2024
... shareholders its private user space on code repository GitHub had been breached. At the time, it said it was undertaking an investigation but was confident no data had been stolen. In an update today, Iress said it has since discovered a credential within ...

ANZ confirms ASIC investigation

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
ANZ has confirmed the Australian Securities and Investments Commission (ASIC) is investigating its execution of a 2023 bond issuance of 10-year Treasury Bonds by the Australian Office of Financial Management (AOFM). ANZ said it was appointed by the ...

Iress says its GitHub user space was breached

JAMIE WILLIAMSON  |  MONDAY, 13 MAY 2024
... information on GitHub. Iress said it restricted access to GitHub "immediately upon discovery and commenced a rapid investigation." "There is no evidence that client data has been compromised as a result of this issue," Iress said. "There is also no evidence ...

Brisbane financial adviser has assets frozen

ANDREW MCKEAN  |  FRIDAY, 10 MAY 2024
... Superannuation Fund - over concerns related to the misappropriation of client funds and unauthorised share trading. The investigation, still in its early stages, is expected to take at least nine months. As part of the probe, ASIC has conducted database ...

J.P. Morgan hit with $775k penalty

ELIZA BAVIN  |  THURSDAY, 9 MAY 2024
... Australia Limited (JPMSAL) has been hit with a $775,000 fine by the Markets Disciplinary Panel (MDP) following an investigation by the Australian Securities and Investments Commission (ASIC). The MDP found JPMSAL permitted suspicious client orders to ...

ASIC clamps down on advisers, trustees cold calling

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
Financial advisers, licensees, and superannuation trustees are facing the ire of ASIC after an investigation found they are profiting from boiler room tactics that convince members to switch funds. An overwhelming number of members are goaded into leaving ...

ASIC hits back at parliament: 'Simply not realistic'

ELIZA BAVIN  |  TUESDAY, 30 APR 2024
... many thousands of complaints a year, for any agency - let alone ASIC - to treat each and every one of them as if an investigation is justified. "Many of the complaints are actually issues that are not appropriate for a regulator to deal with. They may ...

Adviser fakes exam certificate, cops ASIC ban

KARREN VERGARA  |  FRIDAY, 26 APR 2024
... representative for licensee AAN Wealth Management, has been banned from entering financial services. ASIC's investigation found that she rendered personal advice to 121 clients in circumstances where she knew that she did not meet the prescribed ...

Macquarie Bank to pay $10m for unauthorised fee transactions

ELIZA BAVIN  |  MONDAY, 22 APR 2024
... Macquarie's bulk transaction system, totalling $2.9 million. Hopkins was sentenced to six years' imprisonment after an investigation and referral of a prosecution brief from ASIC and has also been permanently banned from providing financial services ...

ASIC chief executive to depart

ELIZA BAVIN  |  TUESDAY, 16 APR 2024
The chief executive of the Australian Securities and Investments Commission (ASIC) will be leaving the regulator, effective June 1. ASIC chair Joe Longo accepted a request from the Commonwealth Director of Public Prosecutions (CDPP) for ASIC chief executive ...