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Showing 531 - 540 of 1607 results for "Investigation"

Catherine Brenner case dropped

ELIZABETH MCARTHUR, ANNABELLE DICKSON  |  TUESDAY, 11 AUG 2020
ASIC has confirmed that it notified former AMP chair Catherine Brenner that it will not be taking any further action against her. A spokesperson for ASIC said that while Brenner was notified her case would not be pursued, the regulator continues to ...

Brisbane broker permanently banned

ALLY SELBY  |  TUESDAY, 11 AUG 2020
... Gordon has been barred from the industry and his Australian credit licence has been cancelled. ASIC commenced its investigation into Gordon following a tip-off from Australian Financial Complaints Authority. The corporate watchdog subsequently found ...

AFP charges early release scammers

ELIZABETH MCARTHUR  |  MONDAY, 10 AUG 2020
... account-holders, to attempt to access early release of superannuation payments totalling $113,500. As part of the investigation, search warrants were served at five addresses in South East Queensland in Morayfield, Worongary, Balmoral, Eagleby and Burpengary ...

Maurice Blackburn slams FSC

ALLY SELBY  |  MONDAY, 10 AUG 2020
... medical treatment. "Until the Committee's recommendations have been faithfully completed and the findings of the ASIC investigation are released, then any calls for an expansion of a life insurer's rights in the medical decisions of claimants is premature ...

UK competition watchdog blocks merger

ANNABELLE DICKSON  |  THURSDAY, 6 AUG 2020
... would have been the largest supplier of platform solutions in the UK making up nearly 50% of the market. The CMA's investigation provisionally found that FNZ's purchase of GBST could result in a lessening of competition and therefore could lead to UK ...

Alex Wade leaves AMP

JAMIE WILLIAMSON  |  THURSDAY, 6 AUG 2020
AMP has announced the departure of AMP Australia chief executive Alex Wade, effective immediately. Wade tendered his resignation and AMP accepted it, the group said. Chief executive of AMP's New Zealand Wealth Management, Blair Vernon, will replace ...

Another sentenced in ATO fraud

ELIZA BAVIN  |  MONDAY, 3 AUG 2020
A man has been sentenced to over seven years in jail for his role as principal conspirator in a syndicate alleged to have defrauded the Commonwealth of more than $105 million over three years. Simon Anquetil pleaded guilty to charges of conspiring to ...

Goldman chief faces backlash over DJ set

ALLY SELBY  |  TUESDAY, 28 JUL 2020
... "egregious social distancing violations". "I am appalled," he tweeted. "The Department of Health will conduct an investigation. We have no tolerance for the illegal and reckless endangerment of public health." In New York alone, there have been nearly ...

Westpac discovers additional transaction irregularities

ALLY SELBY  |  TUESDAY, 28 JUL 2020
... thousands of additional transactions of $10,000 or more that are "incomplete or inaccurate" to AUSTRAC. After further investigation, the bank has discovered an additional 175,000 transactions that were not reported to AUSTRAC, while 365,000 were reported ...

12 charged in $17m fraud

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
A joint-agency investigation into an elaborate $17 million fraud has resulted in charges against 12 people. Australian Federal Police (AFP) investigators executed search warrants at 10 locations across Sydney, nine in south-east Queensland and two in ...