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Showing 431 - 440 of 1643 results for "Investigation"

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.

ASIC sues timeshare company

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
... Timeshare company Ultiqa Lifestyle Promotions is in the firing line for providing bad financial advice, following an investigation by ASIC. ASIC alleges that between October 2017 to March 2019 the advice was provided by authorised representatives promoting ...

Most shorted companies on ASX: Report

ELIZABETH MCARTHUR  |  TUESDAY, 2 NOV 2021
... short sellers taking positions on the stock. "The company is a leading casino operator and a recent royal commission investigation concluded that the company had engaged in 'illegal, dishonest, unethical, and exploitative' conduct," Fintel said. "Despite ...

BOQ divests St Andrew's Insurance

KARREN VERGARA  |  WEDNESDAY, 27 OCT 2021
... St Andrew's made a voluntary disclosure to ASIC about Select potentially mis-selling funeral insurance. An ASIC investigation also found that phone-based sales practices of Let's Insure, a subsidiary of Select, had three times more inappropriate ...