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Showing 451 - 460 of 792 results for "fraud"

CBA needs to"lift its game": Treasurer

LAURA MILLAN  |  MONDAY, 30 JUN 2014
... Australian Securities and Investments Commission (ASIC) was prompted by the regulator's failure to address cases of alleged fraud, document forgery and improper advice within CBA. Read the full Senate Economics Committee report into ASIC here Read all ...

CBA apologies again, refutes reckless culture accusations

LAURA MILLAN  |  FRIDAY, 27 JUN 2014
... of the Australian Securities and Investments Committee (ASIC), which was prompted by cases of alleged document forgery, fraud and improper advice within CBA's advice division. "These actions were facilitated by a reckless, sales-based culture and a negligent ...

Senate inquiry reccommends Royal Commission into CBA

LAURA MILLAN  |  THURSDAY, 26 JUN 2014
... failure to act on whistleblower information that there were cases of serious advice misconduct, document forgery and alleged fraud within a number of CBA's financial planning businesses. Request for a Royal Commission The Committee said that a Royal ...

$US5b irregularities at China fund, banks

AFP  |  FRIDAY, 20 JUN 2014
Irregularities amounting to more than $US5 billion ($A5.41 billion) have been found at China's sovereign wealth fund and two large state-owned banks, according to the state auditor, offering a glimpse into the opaque management of government-controlled ...

Crime survey finds fraud rife in Australia

PETRINA BERRY, AAP  |  THURSDAY, 5 JUN 2014
Well-educated men in their 30s from middle management are the most likely perpetrators of internal fraud, a survey of Australian firms shows. PricewaterhouseCoopers' 2014 Global Economic Crime Survey found Australian organisations reported more crime ...

Former finance broker convicted for fraud

STAFF WRITER  |  THURSDAY, 29 MAY 2014
A former finance broker has been convicted of two fraud charges, following an investigation from the Australian Securities and Investments Commission (ASIC). Riyanka Puteri Shiraz, of Canterbury, New South Wales, admitted to using the identities of ...

NAB and ABS employees arrested for insider trading fraud

LAURA MILLAN  |  FRIDAY, 9 MAY 2014
A National Australia Bank (NAB) employee and a public servant working for the Australian Bureau of Statistics (ABS) have been arrested in a case of insider trading. They will appear this afternoon in front of the Magistrate Court in Canberra and in ...

New reports to stir financial planning perfect storm

LAURA MILLAN  |  MONDAY, 5 MAY 2014
... end of May. The inquiry looked into ASIC's performance when dealing with allegations of poor advice, document forgery and fraud within Commonwealth Bank's financial planning unit. Read all Financial Standard coverage of the ASIC inquiry here

ASIC admits wrongdoing in Senate hearing

LAURA MILLAN  |  FRIDAY, 11 APR 2014
... Senate hearing. The hearing focused on ASIC's performance in dealing with allegations of poor advice, document forgery and fraud within Commonwealth Bank's financial planning unit. ASIC commissioner Peter Kell admitted that "it took us too long to move ...

CBA promoted Nguyen to keep him away from clients

LAURA MILLAN  |  THURSDAY, 10 APR 2014
... Commission (ASIC) has heard that the Commonwealth Bank (CBA) promoted financial planner Don Nguyen, despite allegations of fraud. Speaking at the inquiry Commonwealth Bank (CBA) wealth management group executive Annabel Spring said:A "In this more senior ...