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Showing 251 - 260 of 342 results for "Investigations"

Adviser jailed for blowing client funds on fast cars

MARK SMITH  |  THURSDAY, 21 AUG 2014
... statements made by Cini, which helped the crooked adviser avoid a debt to the investor of $420,000. "Two recent ASIC investigations have led to two individuals being sentenced to a combined total of more than 10 years in jail," ASIC commissioner Greg ...

CBA unveils tougher adviser standards

LAURA MILLAN  |  MONDAY, 14 JUL 2014
... transparent enough in the way they gave financial advice to their customers and in how they dealt with the subsequent investigations. After years of an "attitude of increasing defensiveness," as CBA's own chief executive Ian Narev defined it, the bank ...

Senate inquiry reccommends Royal Commission into CBA

LAURA MILLAN  |  THURSDAY, 26 JUN 2014
... planners within the CBA's financial planning businesses and the allegations of a cover up." It said that further investigations should aim to "identify any conduct that may amount to a breach of any law or professional standard." The report also asked ...

Better ASIC-AFP relationship could lead to more prosecutions

LAURA MILLAN  |  MONDAY, 24 FEB 2014
... inquiry about the performance of the regulator. ASIC chairman Greg Medcraft said that at the moment ASIC monitors AFP investigations to make sure that if a case was not going to be pursued as a criminal matter, the regulator could pursue it as a civil ...

Wilson HTM CFO steps down

MARK SMITH  |  WEDNESDAY, 15 JAN 2014
... 2010 and company secretary in March 2013. The group has suffered a bout of disappointing performance following investigations into allegations against former managing director Andrew Coppin, as well as changes in leadership and staff.

ASIC chair defends against media 'smear'

JAMES FERNYHOUGH  |  TUESDAY, 3 DEC 2013
... statistics from the last three years, according to which ASIC has completed over 4,000 institutional surveillances, 554 investigations and banned 168 people. He said the regulator had completed 73 civil and 79 criminal proceedings and obtained over $349 ...

Wilson HTM reports losses after year of "disruptions"

JAMES FERNYHOUGH  |  FRIDAY, 30 AUG 2013
... 2012. Wilson chair Steven M Skala put the disappointing performance in part down to "disruptions" caused by the investigations into allegations against former managing director Andrew Coppin, as well as "some unexpected changes in leadership and staff." ...

PIS could face class action over "inadequate" advice

LAURA MILLAN  |  THURSDAY, 29 AUG 2013
... on the advice of authorised representatives of Queensland-based Australian financial services licensee PIS. "Our investigations also indicate PIS advisors failed to adequately explain the risks involved in the investment and failed to offer any alternative ...

ASIC speeds up misconduct probe

MARK SMITH  |  WEDNESDAY, 27 FEB 2013
... supervision of markets and participants shows that the regulator has significantly reduced the time it takes to start investigations of suspicious market conduct. Of the 138 market matters referred to ASIC's enforcement team for investigations since ...

Adviser permanently banned after eight year fraud

ALEX DUNNIN  |  WEDNESDAY, 5 DEC 2012
... used for her own personal benefit knowing that this was not in accordance with the clients' instructions. ASIC's investigations into the matter are continuing.