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Showing 411 - 420 of 806 results for "Fraud"

Former adviser charged with fraud

KERRIE SYDEE  |  TUESDAY, 5 JUL 2016
A former financial adviser and accountant has been charged with multiple counts of fraud involving approximately $800,000. Satvir Birk, of Reedy Creek, appeared in Southport Magistrates Court charged with five counts of fraud, carrying a maximum penalty ...

Synchron appointment looks to the future

KERRIE SYDEE  |  MONDAY, 20 JUN 2016
... transactions and advisory compliance. Prior to this he was a compliance officer at IFM Investors and a senior compliance officer, fraud prevention officer at National Australia Bank. The appointment will allow director and current compliance manager ...

Advisers beware the uncomfortable truth of the ageing brain

MARK SMITH  |  FRIDAY, 13 MAY 2016
... issues, such as a fear of losing independence." Investors who are experiencing cognitive decline are especially vulnerable to fraud, which can have a devastating effect on their quality of life. Family members often aren't aware their loved ones are ...

ASIC makes two permanent bans

KERRIE SYDEE  |  FRIDAY, 13 MAY 2016
... Nicolai D'Lamartin was permanently banned after it came to ASIC's attention that he had been convicted for numerous counts of fraud and related offences. These included impersonating persons and creating and using false documents to gain a financial ...

Robo-advice to impact not replace: CFA

KERRIE SYDEE  |  THURSDAY, 28 APR 2016
... robo-advisers. The survey highlighted that respondents were divided about the impact of financial advice tools on market fraud/mis-selling and the quality of advice, with a close to even split between respondents who believe that the growing presence ...

ASIC user-pay model "eminently sensible": SEC veteran

ALEX BURKE  |  WEDNESDAY, 20 APR 2016
... administration you have," he said. "In my view, law enforcement should not be influenced by politics. Insider trading and accounting fraud should not be a partisan issue. "The US conservatives, obviously, want less regulation and progressives want more ...

APRA releases report on Trio investigation

KERRIE SYDEE  |  MONDAY, 11 APR 2016
... adequately manage conflicts of interest from dealings with related parties; and failure to have adequate controls to mitigate fraud-related investment risk Following the Trio matter APRA argues that the introduction of prudential standards in superannuation ...

Tax incentives for early stage investors too narrow: KPMG

DARREN SNYDER  |  FRIDAY, 4 MAR 2016
... regulatory framework and safeguards developed around that to protect investors from financial and other risks, including fraud, could be extended and applied to the new tax incentive. But we acknowledge that this is a difficult issue, which requires ...

ASIC hits ex-ANZ adviser with ban

ALEX BURKE  |  THURSDAY, 14 JAN 2016
ASIC has banned a former ANZ bank adviser for 10 years. According to ASIC's investigation, Ben Cheung engaged in misconduct between April 2013 and March 2014, during which he was an authorised ANZ representative. ASIC alleged that Cheung forged client ...

ASIC spots PI insurance gaps

ALEX BURKE  |  TUESDAY, 15 DEC 2015
... report said. The regulator cited some insurance policies as lacking "at least one automatic reinstatement" and the necessary fraud and dishonesty cover. Problems with aggregating claims with a single limit of indemnity were also found, both due to potential ...