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Showing 21 - 30 of 1638 results for "Investigation"

KKR joins consortium to acquire ASX-listed Steadfast

RIDDHIMA TALWANI  |  TUESDAY, 14 JUL 2026
... Last year, Steadfast chief executive Robert Kelly stepped aside for two weeks on full pay to enable an external investigation after a workplace complaint made against him. The share price for the firm has fallen ever since falling from $6.20 from October ...

ASIC fines Deutsche Bank for 'systemic' reporting failures

KARREN VERGARA  |  MONDAY, 13 JUL 2026
... reflected deficiencies in Deutsche Bank's internal reporting framework." Deutsche Bank cooperated with ASIC's investigation and has paid the penalty. The bank is also implementing measures to prevent further reporting errors. Deutsche Bank did ...

Federal Court lifts Merhi's travel ban

KARREN VERGARA  |  MONDAY, 13 JUL 2026
... opposed Merhi's application. The court slapped the travel ban order on Merhi in July 2025 amid ASIC expanding its investigation into the former financial adviser, alleging he engaged in unconscionable conduct, failed to act in clients' best interests ...

ASIC cancels AFSL of Capital Guard over fake bond sale

ELIZA BAVIN  |  FRIDAY, 3 JUL 2026
... indicated a risk of ongoing non-compliance and misconduct if the licence were to remain in force. ASIC said its investigation into Capital Guard remains ongoing. The licence cancellation is effective from 29 June 2026. Capital Guard may apply to the ...

Mercer Super fined $10.3m for reportable situations failures

KARREN VERGARA  |  MONDAY, 29 JUN 2026
... (GRC) database, where incidents were recorded, assessed and tracked, lacked the functionality to identify when an investigation commenced or track its duration. Furthermore, the court found Mercer Super had no adequate definition or description of an ...

ASIC calls out platform trustees: 'Clear breach of trust'

RIDDHIMA TALWANI  |  MONDAY, 29 JUN 2026
... "Where trustees have concerns about potential misconduct, they should immediately report it to ASIC for further investigation." Treasury recently put out a consultation to make platforms more accountable for the products they offer members, requiring ...

ASIC sues three Keystone Asset Management directors

KARREN VERGARA  |  FRIDAY, 26 JUN 2026
ASIC is suing former Keystone Asset Management directors Paul Chiodo, Ilya Frolov and Mark Yorston for allegedly failing their duties to safeguard superannuation members from the collapse of the Shield Master Fund. Some 5800 investors with $530 million ...

Generation Life confirms personal information leaked in cyber incident

MATTHEW WAI  |  THURSDAY, 25 JUN 2026
... Life' which claimed to have accessed some of its data in a separate update on 17 May 2026. Following a detailed investigation and data review, Generation Life is now "notifying individuals whose personal information has been confirmed as impacted." ...

APRA investigating Diversa's executive compensation

RIDDHIMA TALWANI  |  THURSDAY, 25 JUN 2026
APRA has commenced an investigation into if Diversa's executive remuneration decisions were made in accordance with prudential standards and trustees' duties under the Superannuation Industry (Supervision) Act. "Prudent remuneration practices play a ...

KPMG details action plan to address whistleblower probe

RIDDHIMA TALWANI  |  WEDNESDAY, 24 JUN 2026
... and action plan to address integrity issues across the firm after it admitted its treatment of a whistleblower and investigation into their allegations fell short. In effect to this, KPMG national chair Martin Sheppard has announced that he will leave ...