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Showing 471 - 480 of 1607 results for "Investigation"

Woodford flags comeback

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
... to be able to operate. The watchdog is still investigating the downfall of the Woodford Equity Income Fund. "The investigation is being appropriately resourced and is progressing, though there has been some impact on accessing certain documents and witnesses ...

Super scammer permanently banned

ELIZABETH MCARTHUR  |  MONDAY, 15 FEB 2021
... charged with 20 dishonesty offences in 2018, as well as one offence for falsifying books as a company director. An investigation by ASIC found that McSweeny had transferred or directed others to transfer funds from bank accounts holding client funds. ...

ASX profits slide, names chair

ANNABELLE DICKSON  |  THURSDAY, 11 FEB 2021
... investment. The exchange noted the outage of its equity platform ASX Trade in November but did not acknowledge the ongoing investigation undertaken by ASIC. ASX chief executive Dominic Stevens said the incident overshadows the work it has made in recent ...

ASIC faces cybersecurity attack

KARREN VERGARA  |  WEDNESDAY, 27 JAN 2021
... prevent third-party cyber data breaches and compliance violations with its enterprise content firewall. While the investigation is ongoing, ASIC said, it appears that "there is some risk that some limited information may have been viewed by the threat ...

Australian banks among most fined

ELIZABETH MCARTHUR  |  TUESDAY, 12 JAN 2021
... That figure was mostly made up of Westpac's record $1.3 billion (US$910 million) fine, handed down after an AUSTRAC investigation found the bank had breached anti-money laundering and counter-terrorism financing law. The other two Australian bank fines ...

ASIC takes fintech to court

KARREN VERGARA  |  WEDNESDAY, 6 JAN 2021
... contentious. The Sydney-based firm ceased distributing the material in July 2018. Five months later, ASIC commenced its investigation. "The provision of misleading information about SMSFs undermines the SMSF sector and limits the ability of Australian ...

Jail time for tax adviser

ELIZABETH MCARTHUR  |  TUESDAY, 22 DEC 2020
... was a welcome outcome, and expressed concern that Hacker had continued to act illegally throughout the protracted investigation and litigation that has now seen him jailed. The court granted the TPB's request for permanent injunctions restraining ...

ASIC takes action on Union Standard

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... asset restraint orders in the Federal Court against EuropeFX and TradeFred to protect customers' funds while an investigation was underway. Union Standard gave an undertaking to the court to keep specified monetary amounts in a separate bank account. ...

Clive Palmer ramps up calls for Shipton's head

ELIZABETH MCARTHUR  |  FRIDAY, 11 DEC 2020
... tweeted in November. In July 2020, Palmer was charged over breaches of directors' duties and fraud following an ASIC investigation. ASIC alleges that between in 2013, Palmer dishonestly obtained a benefit or advantage for his company Cosmo Developments ...

The real cost of a bad chief executive: AICD, ACSI

ELIZABETH MCARTHUR  |  THURSDAY, 10 DEC 2020
... the chief executive of QBE, Pat Regan, departed suddenly after a complaint from a female employee. Following an investigation, the board concluded Regan's poor judgement on workplace communications did not meet its standards and Regan was ousted. His ...