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Showing 341 - 350 of 792 results for "Fraud"

Financial advice under the Royal Commission spotlight next month

ALEX BURKE  |  TUESDAY, 13 MAR 2018
The Royal Commission will set its sights on the financial advice industry in April, with the first hearing taking place on the 16th. The first round of public hearings commenced today and focused on consumer lending practices regarding credit products ...

FOS submission points finger at advisers

JAMIE WILLIAMSON  |  MONDAY, 5 MAR 2018
Financial advisers account for more than one-third of all serious misconduct issues identified by the Financial Ombudsman Service since early 2012. In a submission to the Royal Commission, FOS attributed 39% of serious misconduct identified in the last ...

Reinvigorated OneVue inches up platform rankings

JAMIE WILLIAMSON  |  MONDAY, 5 MAR 2018
OneVue is gaining traction among financial advisers, with its functionality trumping that of Colonial First State's FirstWrap, according to the latest platforms analysis from Investment Trends. Of the 19 full-function platforms studied, OneVue re-entered ...

EY issues ICO theft warning

KARREN VERGARA  |  WEDNESDAY, 24 JAN 2018
... the first place. Once new standards are in place that are accepted by all participants-allowing for improved transparency, fraud prevention, and legitimacy - the protection of investors and users alike has a greater chance of success." The International ...

Commonwealth Bank launches chatbot banker

JAMIE WILLIAMSON  |  MONDAY, 22 JAN 2018
... Steel said. The chatbot also provides an end-to-end experience if a customer needs to speak to a person to speak to report a fraud or apply for a product. "As our customers increasingly transact online, we have continued to develop additional channels ...

IOSCO issues caution over ICOs

DARREN SNYDER  |  FRIDAY, 19 JAN 2018
... illegally in violation of existing laws - raises investor protection concerns," IOSCO said. "There have also been instances of fraud, and as a result, investors are reminded to be very careful in deciding whether to invest in ICOs." ICOs, also known ...

RNY wind-up sought as ASIC blocks Aurora move

ALEX BURKE  |  TUESDAY, 9 JAN 2018
... to its former parent company, SIV Asset Management (SAM), formerly known as Aurora Funds Limited. It also said external fraud investigation consultants have been engaged to review the "conduct of a former executive involved in the misappropriation of ...

Aurora traces stolen $1 million to former owner

ALEX BURKE  |  TUESDAY, 19 DEC 2017
... that the money was transferred to SIV Asset Management (SAM), formerly known as Aurora Funds Limited. It also said external fraud investigation consultants have been engaged to review the "conduct of a former executive involved in the misappropriation ...

SMEs lack cybersecurity resilience: ASIC

KARREN VERGARA  |  MONDAY, 4 DEC 2017
... and businesses in the past 12 months, representing a 15% increase on the year prior. More than half were online scams or fraud, up 22% year-on-year.

Industry associations merge

KARREN VERGARA  |  FRIDAY, 1 DEC 2017
... the big four banks, by including the superannuation system in this inquiry." She added there is no evidence of gouging, fraud or unethical behaviour to warrant a Royal Commission into the superannuation industry.