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Showing 391 - 400 of 1606 results for "Investigation"

Backlash after 'unprecedented' ASIC action against Westpac

ELIZABETH MCARTHUR  |  THURSDAY, 2 DEC 2021
An industry group for independent financial advisers and lawyers have come out criticising Westpac over the six cases brought against it by ASIC. Slater and Gordon Lawyers is calling on Westpac to 'walk the talk', after Westpac's chief executive Peter ...

Courtenay House director faces court for alleged fraud offences

CHLOE WALKER  |  WEDNESDAY, 1 DEC 2021
... conduct occurred to allow a Ponzi scheme to operate and grow. The matter is being prosecuted by the CDPP after an investigation and referral by ASIC. The matter is listed for first mention in the Downing Centre Local Court in Sydney on 22 February 20 ...

ASIC files numerous cases against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 30 NOV 2021
... deputy chair Sarah Court said these were exceptional circumstances. "ASIC had numerous Westpac-related matters under investigation through the course of 2021, and we decided to expedite those matters for consideration by the Court at the earliest opportunity," ...

ASIC enforces licence conditions on ASX

ANNABELLE DICKSON  |  WEDNESDAY, 24 NOV 2021
The corporate regulator concluded its investigation of the ASX market outage and imposed conditions to mitigate risks for future upgrades. Conditions have been imposed on the market licence of ASX Limited, and the clearing and facility licence of ASX ...

Former WA adviser charged with dishonest conduct

CHLOE WALKER  |  TUESDAY, 23 NOV 2021
... financial planning company Fong Financial Partners have been charged with engaging in dishonest conduct, following an investigation by the regulator. ASIC alleges in its legal action that in 2014, Fong via Fong Financial Planners acted dishonestly while ...

MLC to face court over insurance failures

JAMIE WILLIAMSON  |  FRIDAY, 19 NOV 2021
ASIC is suing MLC over insurance failures spanning more than 20 years. The regulator commenced civil penalty proceedings in the Federal Court for insurance policy and service failures that occurred between 1999 and 2020. The action is against MLC Limited ...

Former adviser pleads guilty to fabricating evidence

ANNABELLE DICKSON  |  THURSDAY, 18 NOV 2021
... dishonestly providing three backdated wholesale client certificates to ASIC in an attempt to stop the regulator from its investigation and also providing ASIC with false information under oath in regard to the certificates. Nesseim also pleaded guilty ...

AMP in enforceable undertaking

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
... with APRA over historical matters related to its superannuation business. The CEU follows more than two years of investigation by APRA and relates to trustees AMP Superannuation Limited and N.M. Superannuation Proprietary Limited and funds Super Directions ...

APRA moves to force EISS Super merger

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
... licence - including that it must merge with a larger fund by the middle of next year. The move follows APRA's investigation into expenditure and governance matters, the regulator said. It also follows the fund's failure of the inaugural Your ...

ASIC shuts down unlicensed investment scheme

KARREN VERGARA  |  THURSDAY, 4 NOV 2021
... facilitate the transfer of remaining crypto assets held or controlled by the defendants to the receivers. ASIC said its investigation into Hala, Walters and A One Multi remains ongoing.