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Showing 301 - 310 of 721 results for "Misconduct"

AMP, former employee settle

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
... claims made by Cook and intended to vigorously defend the matter. "AMP terminated Ms Baker Cook's employment for misconduct on 21 June 2019 following an external investigation. The investigation found serious breaches by Ms Baker Cook including breaches ...

Budget commitment to aged care not good enough

ALLY SELBY  |  TUESDAY, 6 OCT 2020
... standard." The government also announced it would move to improve oversight and the investigation into serious incidents of misconduct in the aged care sector through a serious incident response scheme, with additional funding of $29.8 million. It also ...

Manipulative trading at J.P. Morgan costs it over $1bn

ALLY SELBY  |  WEDNESDAY, 30 SEP 2020
... into a deferred prosecution agreement (DPA) with the DOJ. This will see it pay approximately US$920 million for the misconduct, including a civil monetary penalty of around US$436 million, as well as restitution (around US$312 million) and disgorgement ...

Mawhinney lashes out at regulator

ELIZABETH MCARTHUR  |  TUESDAY, 29 SEP 2020
... resource has been poured into looking for technical flaws in our structure and business activities to support theories of misconduct, which are simply untrue," Mawhinney said. He defended Mayfair 101 by saying that a depletion of value has naturally ...

J.P. Morgan set to cough up US$1bn

ALLY SELBY  |  THURSDAY, 24 SEP 2020
... individuals involved in the case, including Jordan, Nowak and Smith, moved to dismiss the charges on the grounds that their misconduct did not constitute fraud.

ASIC puts SMSF auditors on notice

ANNABELLE DICKSON  |  MONDAY, 21 SEP 2020
... Securities and Investments Commission imposed tougher registration conditions for two SMSF auditors following a slew of misconduct. William Krammer from Victoria and Yuk Wong from New South Wales have breached auditor independence and audit quality deficiencies. ...

Former analyst gets three year sentence

KANIKA SOOD  |  MONDAY, 14 SEP 2020
... suspended from quotation on the ASX and finally delisted in August that year. "ASIC will take strong action against market misconduct in order to ensure Australia's financial markets remain robust, fair and efficient," ASIC deputy chair Daniel Crennan ...

Super funds to face parliamentary grilling

ELIZA BAVIN  |  WEDNESDAY, 9 SEP 2020
... also include monitoring the sector's progress on implementing relevant recommendations from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. The news comes after the committee called on the four big ...

Fund manager charged with fraud

ALLY SELBY  |  FRIDAY, 4 SEP 2020
... buy the securities," the SEC alleged. "When his actions came to light, Kamensky allegedly attempted to cover-up his misconduct by trying to persuade the other bidder not to describe Kamensky's conduct as a threat." The SEC division of enforcement's ...

Count Financial faces class action

ANNABELLE DICKSON  |  FRIDAY, 4 SEP 2020
... financial advisers from 21 August 2014 to 21 August 2020. The class action has come off the back of Count Financial's misconduct revealed in the Royal Commission and alleges it contravened obligations owed to clients when taking commissions from ...