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Showing 491 - 500 of 1607 results for "Investigation"

Westpac extends chief executive's contract

ANNABELLE DICKSON  |  FRIDAY, 30 OCT 2020
... was appointed acting chief executive in December 2019, following the resignation of Brian Hartzer over the AUSTRAC investigation. King took on the role as permanent chief executive in April this year. King has worked at the bank for the last 25 years ...

SMSF fraudster charged

ANNABELLE DICKSON  |  THURSDAY, 29 OCT 2020
... involving a total of $345,000. The matter was prosecuted by the Commonwealth Director of Public Prosecutions after an investigation and referral by ASIC.

Financial crime victims fume at Shipton, Crennan

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 OCT 2020
... own head in the trough allegedly at taxpayer expense," Telford said. "At no time during the ordeal surrounding the investigation into the Trio fraud did ASIC help the 1000 victims that were not part of the APRA-supervised funds that were covered by Part ...

IOOF compensation bill soars

KARREN VERGARA  |  MONDAY, 26 OCT 2020
... "a significant number of self-employed and salaried financial advisers and having noted the ongoing impact of the investigation on clients, has voluntarily undertaken its own review." The review seeks to determine if fee-paying clients were provided ...

NAB to pay $15m for Royal Commission case study

ELIZABETH MCARTHUR  |  MONDAY, 19 OCT 2020
... alleging contraventions of s31(1) of the National Credit Act," ASIC deputy chair Daniel Crennan said. ASIC's investigation revealed that between 3 September 2013 and 29 July 2016, 16 NAB bankers accepted information and documents in support of at ...

Man arrested over investment scam

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
An investigation by the Australian Securities and Investments Commission has culminated in an arrest over a suspected investment scam. The 42-year-old Melbourne man was arrested following a joint investigation by ASIC and Victoria Police E-Crime Squad ...

Grow Super founder sentenced in betting scandal

ELIZABETH MCARTHUR  |  THURSDAY, 15 OCT 2020
... behaviour on 16 September 2020. Two more Grow employees stepped aside in relation to the incident as an internal investigation into the matter was conducted. The names of those employees have not been revealed. IOOF, which is a minority shareholder in ...

MLC Wealth general manager jumps to Ashurst

ELIZABETH MCARTHUR  |  TUESDAY, 13 OCT 2020
The former general manager of regulatory change and remediation at MLC Wealth has moved to law firm Ashurst. Chris Baker spent more than 12 years with National Australia Bank and MLC in various leadership roles and was general manager, regulatory change ...

Adviser sentenced to eight years' prison

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
... two years. From there, Dick joined Synchron where he was an authorised representative from 2014 to 2018. An ASIC investigation revealed that Dick used clients' money to fund his lifestyle, including $72,000 which was used to purchase and maintain ...

TPB bans tax agent over COVID-19 fraud

ALLY SELBY  |  FRIDAY, 9 OCT 2020
... 2009 relating to competency, honesty and integrity, and banned the tax agent for a period of two years. The TPB's investigation uncovered that Tong changed the bank account details of two clients to her own, without authority. She subsequently lodged ...