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Showing 411 - 420 of 1607 results for "Investigation"

Criminal charges filed against CBA

ELIZABETH MCARTHUR  |  FRIDAY, 17 SEP 2021
... CBA released a statement to the ASX acknowledging the proceedings. "CBA has cooperated fully with ASIC during its investigation... CBA will plead guilty to the charges and has agreed a statement of facts with ASIC and the CDPP," the bank said. CBA added ...

Former Vocus chair charged with insider trading

ANNABELLE DICKSON  |  WEDNESDAY, 15 SEP 2021
... dumping his Vocus shares after he knew an acquisition of the company was unlikely to go ahead. Following an ASIC investigation, Vaughan Bowen was charged with two counts of insider trading in Melbourne Magistrates Court. Bowen disposed of 5.6 million ...

Criminal charges in property investor collapse

ELIZABETH MCARTHUR  |  MONDAY, 13 SEP 2021
... procuring the commission of an offence. The charges follow an ASIC-led Serious Financial Crime Taskforce (SFCT) investigation into the collapse of the groups and alleged associated phoenix activity. The matter will next be heard in court in November. ...

ASIC urged to act on common ownership

KARREN VERGARA  |  FRIDAY, 10 SEP 2021
... that oversight over how super funds vote ultimately sits in APRA's domain. "We certainly haven't done an investigation on the proxy advisers policies of the super funds [and] their voting of proxy shares. I do think though each super fund will ...

Breach reporting guidance released

KARREN VERGARA  |  WEDNESDAY, 8 SEP 2021
... Advisers must investigate the situation within 30 days and notify clients of the outcome no later than 10 days of the investigation's conclusion. "We expect that your investigation will be thorough, complete and robust, and that you will make whatever ...

State Street bolsters cybersecurity, recruits 400

KARREN VERGARA  |  MONDAY, 6 SEP 2021
State Street is adding 400 new roles to bolster its technology and cybersecurity support for its global operations. The roles will be based in Kilkenny, Ireland where it currently employs some 2000 staff across Dublin, Drogheda and Naas. The new unit ...

ASX outage result of process failures, disagreement

KARREN VERGARA  |  MONDAY, 23 AUG 2021
... major trading glitch last November, the Australian Securities Exchange has come out relatively unscathed. The joint investigation by ASIC, the Reserve Bank of Australia and IBM into the implementation of the Nasdaq equity market trading system that went ...

CBA to publicise misconduct

ANNABELLE DICKSON  |  TUESDAY, 17 AUG 2021
... failing to have the systems in place to prevent overcharging," ASIC commissioner Sean Hughes said. Following an investigation by ASIC, CBA admitted to false or misleading representations and engaged in misleading and deceptive conduct over to 12,119 ...

ASIC takes property development group to court

KARREN VERGARA  |  FRIDAY, 13 AUG 2021
... business premises on 17 December 2020. Freezing orders have also been slapped on the companies' assets. As the investigation continues, the regulator ultimately wants to shut down the companies by appointing liquidators and issue disqualification ...

Conditional release for former Hillross adviser

ANNABELLE DICKSON  |  TUESDAY, 10 AUG 2021
... under the Crimes Act 1900 (NSW). The magistrate took into account Kourieh's remorse and cooperation with the investigation when handing down her decision in Parramatta Court on August 6. Kourieh was a director of Nexus Financial Planning which was ...