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Showing 341 - 350 of 1640 results for "Investigation"

PwC picks senior leaders to oversee review

CASSANDRA BALDINI  |  TUESDAY, 16 MAY 2023
... reputation officer Sean Gregory also exited their positions after being swept up in the fallout. In January, an investigation by the TBD initially found former PwC head of international tax Peter-John Collins in breach after he let confidential law reform ...

HCF Life under ASIC surveillance

CASSANDRA BALDINI  |  FRIDAY, 12 MAY 2023
... of new unfair contract term laws in 2021. "Prior to this notification HCF Life has been participating in ASIC's investigation into these products in good faith for over 12 months," it explained. "HCF Life believes these products comply with the new laws ...

PwC senior leaders step down over tax scandal

CASSANDRA BALDINI  |  THURSDAY, 11 MAY 2023
... advisory and Asia Pacific Americas tax leader and, prior to that, managing partner, tax and legal. In January, an investigation by the Tax Practitioners Board (TPB) found former PwC head of international tax Peter-John Collins in violation after he let ...

PwC chief exits over scandal

CASSANDRA BALDINI  |  TUESDAY, 9 MAY 2023
... looped into emails which highlighted "the marketing approach and financial success of the tax advice." In January, an investigation by the Tax Practitioners Board (TPB) found former PwC head of international tax Peter-John Collins in breach after he ...

Issuers must lift DDO game: ASIC

CASSANDRA BALDINI  |  THURSDAY, 4 MAY 2023
The regulator issued a warning to investment product issuers after a review found woeful compliance in meeting the design and distribution obligations (DDO). Since last July, ASIC has placed interim stop orders on 26 investment products from 18 issuers ...

ASIC updates breach reporting guidelines

KARREN VERGARA  |  FRIDAY, 28 APR 2023
... legislative reporting timeframe." ASIC also introduced guidance on what constitutes a "similar" reportable situation, an "investigation trigger" and what is a "root cause". ASIC acting executive director of financial services and wealth Suneeta Sidhu ...

Ascent Investment ordered into liquidation

KARREN VERGARA  |  WEDNESDAY, 26 APR 2023
The Federal Court has ordered Ascent Investment and Coaching to be wound up following ASIC's investigation into a $149 million Ponzi scheme. ASIC froze the assets of Ascent and its director Michael Dunjey in late December 2021. Dunjey was also forced ...

Former Shaw and Partners adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 13 APR 2023
... permanently banned by ASIC after it was determined he was not competent and likely to breach the law again. It followed an investigation that found he, among other things, accepted unlawful commissions and didn't disclose others. Brisbane-based Kristofer ...

Startup founder charged for defrauding JPMorgan

JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2023
... aid solution has been formally charged with fraud by the US regulator over the company's sale, while a criminal investigation is also underway. In September 2021, JPMorgan Chase paid US$175 million for Frank, a platform that assisted college students ...

ASIC investigates CHESS replacement blunder

KARREN VERGARA  |  WEDNESDAY, 29 MAR 2023
The corporate and securities watchdog has commenced an investigation into the ASX's botched CHESS replacement program. The ASX, its subsidiaries ASX Clear and ASX Settlement, and responsible directors and officers are under scrutiny for their role ...