Search Results | Showing 31 - 40 of 792 results for "fraud" |
| | | ... SIS Act enables regulated super funds to make applications for financial assistance where they have suffered a loss due to fraud or theft, and the fraud or theft has resulted in the fund facing difficulties in paying benefits to members. Approval of ... |
| | | | ... certificate, validate the policy, and ensure the correct beneficiary is identified, followed by a compliance check with anti-fraud measures and legal obligations. "If the death occurs within the first two years of the policy, insurers may investigate ... |
| | | | ... operational, investment and liquidity. Cole noted members in the retirement phase are more vulnerable to cyberattacks, scams and fraud. "A continuing priority for APRA is to ensure that regulated entities have robust information controls in place, including ... |
| | | | ... preventative frameworks." In addition, the report said as funds digitise and rely heavily on third-party administrators, fraud and cyber risk remain critical vulnerabilities. "Weaknesses in account management, identity verification, and data change protocols ... |
| | | | Netwealth has continued to separate itself from the collapse of First Guardian, saying it was a "case of fraud". In its September quarterly business update, Netwealth said it was working cooperatively with industry bodies and regulators in relation ... |
| | | | ... Under the Corporations Act, ASIC may permanently ban a person from providing financial services if they are convicted of fraud. |
| | | | Global Investment Marketing (GIM) director Darren Geddes has been barred from leaving the country for the next six months as ASIC alleges he misappropriated money via a sham bond investment scheme. ASIC did not provide details behind its allegations ... |
| | | | A former Income Asset Management (IAM) employee has funnelled $1.5 million from the company using a bank account used by a "minority sub-custodian". IAM said it suspected fraudulent transfers made from a bank account maintained by its previous sub-custodian ... |
| | | | ... should contribute to a universal protection mechanism ensuring no member is left destitute due to misconduct, negligence or fraud," it said. Appearing before a parliamentary committee this morning, ASIC chair Joe Longo said it could be as many as 15,000 ... |
| | | | ... and their providers can clearly understand what is required legally and from regulation. "We've updated our Minimum Fraud Controls for superannuation funds, which are in line with APRA's requirement for multi-factor authentication or equivalent ... |
|