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Showing 241 - 250 of 4157 results for "Conduct"

Four men charged over sophisticated bond scam

MATTHEW WAI  |  FRIDAY, 8 AUG 2025
... transferred to offshore bank accounts or to a crypto exchange. Tsalikidis was believed to have been engaged in similar conduct and aided the three during the process. As a result, Podaridis and Floropoulos were each charged with 28 offences of dealing ...

FCA fines Neil Woodford, WIM $94m

KARREN VERGARA  |  WEDNESDAY, 6 AUG 2025
... fundie' Neil Woodford and his defunct company have been collectively fined more than £45 million ($94m) by the Financial Conduct Authority (FCA). The regulator fined Woodford £5.89 million ($12.1m) and banned him from being employed in senior manager ...

Guilty plea entered in Ponzi scheme case

JAMIE WILLIAMSON  |  TUESDAY, 5 AUG 2025
... financial services business without and AFSL and duped investors out of nearly $2 million has pleaded guilty to dishonest conduct and dealing with proceeds of crime. Ashley Arandez pleaded guilty to dishonest conduct, unlicensed conduct, and dealing ...

ASIC calls out trustees 'passing the buck' on super switching

KARREN VERGARA  |  THURSDAY, 31 JUL 2025
... sales referral source, you should have in place adequate monitoring and supervision arrangements to detect concerning conduct and to make sure your advisers are acting in the best interests of their clients."

Former adviser charged over clients' near $1m loss

MATTHEW WAI  |  WEDNESDAY, 30 JUL 2025
... Professional Wealth Investments (PWI) appeared in the Downing Centre Local Court yesterday on six charges of dishonest conduct in relation to a financial product, contrary to s 1041G of the Corporations Act and one charge of the same offence committed ...

ASX updates waiver disclosure rules

KARREN VERGARA  |  MONDAY, 28 JUL 2025
... of work we are doing to review listing rules as they relate to shareholder approval requirements. We are continuing to conduct research and have been engaging stakeholders to help us refine the scope of a consultation paper we are planning to issue on ...

Macquarie suffers first strike on pay package

KARREN VERGARA  |  FRIDAY, 25 JUL 2025
... in recent years. Currently, ASIC is suing Macquarie Securities, the broking arm, for repeated and systemic misleading conduct in its short-sale reporting to the market operator, supposedly misreporting millions of trades for 14 years. Another action ...

Federated Hermes 'not far away' from launching Australian wholesale products

MATTHEW WAI  |  THURSDAY, 24 JUL 2025
Federated Hermes has primarily engaged with the institutional market, notably superannuation funds, in Australia, but this is set to change as the firm looks to tap into the local wholesale market. Federated Hermes international head of sales Clive ...

Younger Aussies want personalised financial advice: CALI

MATTHEW WAI  |  TUESDAY, 22 JUL 2025
New research conducted by the peak body of life insurance indicated close to half of young Australians want financial advice on life insurance, but only one in 10 receive it. The Council of Australian Life Insurers (CALI) said more Australians between ...

1MDB mastermind found in Shanghai with Aussie passport: Reports

JAMIE WILLIAMSON  |  MONDAY, 21 JUL 2025
Jho Low, the man accused of defrauding Malaysia's sovereign wealth fund, is reportedly living in Shanghai under a Greek alias with a fake Australian passport. Investigative outlet Brazen is reporting that Low, who has been on the run for several years ...