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Showing 471 - 480 of 1643 results for "Investigation"

AUSTRAC investigates NAB, JBWere

KARREN VERGARA  |  MONDAY, 7 JUN 2021
National Australia Bank and its subsidiaries, including JBWere, are allegedly failing their anti-money laundering and counter-terrorism financing obligations, according to AUSTRAC. The financial intelligence agency is investigating NAB's "potential ...

LIBOR phased out by year end

ELIZABETH MCARTHUR  |  FRIDAY, 4 JUN 2021
... significant collusion between big banks in the UK was revealed. The LIBOR scandal of 2012 resulted in a US Congress investigation and a parliamentary enquiry in the UK. Court documents filed in Singapore saw a Royal Bank of Scotland trader confirm that ...

Criminal charges filed against ME Bank

JAMIE WILLIAMSON, KANIKA SOOD  |  THURSDAY, 27 MAY 2021
... The Commonwealth Director of Public Prosecutions is pursuing criminal charges against ME Bank following an ASIC investigation. The regulator said the charges relate to contraventions of sections 12DB(1)(g) and 12GB(1) of the ASIC Act and sections 64(1) ...

Former adviser charged with $3.3m fraud

KARREN VERGARA  |  THURSDAY, 27 MAY 2021
... statement: "Gavin informed me of the allegations on Saturday 14th March 2020. I suspended him on the spot pending an investigation. Following that investigation that took a week, I sacked him. He had worked for us for 10 years." Hooper added that Fineff ...

ASX deputy chief executive resigns

KANIKA SOOD  |  WEDNESDAY, 26 MAY 2021
... technology to deliver innovation and efficiency across our industry. This is best exemplified by his leadership of the investigation and adoption of distributed ledger technology to underpin the replacement of CHESS." ASX said its blockchain replacement ...

Former adviser jailed for six years

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
... money without their knowledge to fund holidays, pay rent and credit card debts, and repay personal loans. ASIC's investigation into Hopkins commenced in 2019 in response to allegations that QWL had failed to assist the Australian Financial Complaints ...

NAB denies underpaying full-time workers

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
National Australia Bank is denying it underpaid full-time employees as part of its ongoing investigation into a payroll bungle, which to date has repaid $55 million. The Financial Sector Union has raised concerns that current and former full-time NAB ...

UBS, Nomura cop fines over bond cartel

KANIKA SOOD  |  TUESDAY, 25 MAY 2021
... five-year limitation period for imposition of fines. UBS got a 45% discount on its fine for cooperating with the EC's investigation.

ASIC to wind up PE Capital

ELIZABETH MCARTHUR  |  FRIDAY, 14 MAY 2021
... unregistered schemes and obtain declarations that the company acted in contravention of the Corporations Act. ASIC's investigation into PE Capital is ongoing. PE Capital is based in Victoria. Several investors have warned online that they lost money ...

ASIC cracks down on investment guru

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
... "ASIC financial services licence". These statements have been removed at the regulator's request. ASIC said its investigation into Grubisa is ongoing. Grubisa runs the DG Institute, which provides webinars and online courses focused on property investing ...