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Showing 11 - 20 of 936 results for "Inquiry"

I can only apologise: PwC boss

CASSANDRA BALDINI  |  THURSDAY, 12 OCT 2023
PwC Australia boss Kevin Burrowes and former chief executive Luke Sayers were grilled this morning in a Senate Inquiry as fallout continues over the embattled firm's tax scandal. Emails sent by former PwC head of international tax Peter-John Collins ...

ASIC proposes five-year extension to DDO

ANDREW MCKEAN  |  WEDNESDAY, 16 AUG 2023
... was originally set for a two-year period. DDO was introduced following a recommendation from the 2019 Financial System Inquiry to compel firms to design consumer-centric financial products and optimise distribution strategies. The regulator said it intends ...

Mayfair 101 calls for senate inquiry into ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 2 AUG 2023
Mayfair 101 founder James Mawhinney believes the government should look into how ASIC's investigation into the firm was initiated and the speed at which it was carried out. Recent reports from The Australian suggest an email from John Hempton, founder ...

UK government investigates sexism in financial services

JAMIE WILLIAMSON  |  MONDAY, 17 JUL 2023
... know whether women feel more supported in the financial services industry than at the time of the previous committee's inquiry five years ago. We'll be investigating if enough work has been done to build more supportive workplace cultures, how harassment ...

New inquiry targets audit sector following PwC scandal

CASSANDRA BALDINI  |  FRIDAY, 23 JUN 2023
A parliamentary inquiry into Australia's audit sector has been launched following PwC's tax leak scandal. Undertaken by the Joint Standing Committee on Corporations and Financial Services, Senator Deborah O'Neill advised the inquiry will ...

Senate report labels PwC breach calculated, deliberate

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
Despite the inquiry continuing, a Senate committee has concluded that PwC deliberately covered up the actions of its staff and the plans to monetise the confidential information at the heart of its tax leaks scandal. A report published by the committee ...

Super fund ASX dominance stable: Research

KARREN VERGARA  |  WEDNESDAY, 17 MAY 2023
... keeping pace with this growth." Industry funds have long been scrutinised for ownership concentration on the ASX. A 2021 inquiry determined to find out if big super's domination over the Australian share market was stifling competition and leading ...

PwC senior leaders step down over tax scandal

CASSANDRA BALDINI  |  THURSDAY, 11 MAY 2023
... PwC said it reviewed and strengthened its controls, policies, and training with respect to conflicts of interest. The inquiry into PwC executives and their involvement in sharing information obtained during a confidential consultation with Treasury concerning ...

High Court rejects Mayfair 101 plea

JAMIE WILLIAMSON  |  MONDAY, 24 APR 2023
... service, it brings into question why ASIC reacted in the way it did. I anticipate this new trial, and the Parliamentary Inquiry into ASIC's conduct, will reveal just how broken ASIC really is." Separately, the Federal Court of Western Australia has scheduled ...

Apple dives deeper into financial services

CASSANDRA BALDINI  |  TUESDAY, 18 APR 2023
... entry into the space has caused some concern for regulators, last year the Financial Conduct Authority (FCA) launched an inquiry into big tech firms like Google, Facebook Amazon and Apple entering financial markets with fears the competition could harm ...