Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 1604 results for "Investigation"

Magellan global equities lead exits amid investigation

JAMIE WILLIAMSON  |  THURSDAY, 20 NOV 2025
... direct report. This morning, Magellan said the matter was brought to its attention separately and that an internal investigation is underway. It also said Streimann resigned from his post yesterday. Alan Pullen and Casey McLean have been named interim ...

SQM vows to 'respectfully' defend ASIC case

MATTHEW WAI  |  TUESDAY, 18 NOV 2025
... house. "SQM takes its regulatory obligations extremely seriously and has cooperated fully with ASIC throughout its investigation," he said. "Our methodologies are robust, continually reviewed and enhanced, and our ratings have consistently been recognised ...

Interprac sued over Shield, First Guardian failures

JAMIE WILLIAMSON  |  THURSDAY, 13 NOV 2025
... clients affected by the external investment product failure confirming Interprac has cooperated fully with ASIC's investigation," Crole said. The group added that it believes it has acted in accordance with its obligations under the Corporations ...

HESTA, Vision Super divest Israeli securities

KARREN VERGARA  |  FRIDAY, 7 NOV 2025
... deleted any references to the "Israeli-Palestinian conflict area" from consideration in its human rights research. An investigation by Dutch publication Follow the money released in May found that MSCI quietly made the same move after analysing leaked ...

Majority of SMSF establishments based on bad advice: ASIC

KARREN VERGARA  |  THURSDAY, 6 NOV 2025
... SMSF establishment advice states. The advisers also acted more as "order-takers" and did not conduct a reasonable investigation and assessment of financial products. They also did not give priority to the interests of clients where there were conflicts ...

Private credit funds downplay risks, pose risk to financial system: ASIC

KARREN VERGARA  |  WEDNESDAY, 5 NOV 2025
... managers downplay the risks of their products and flout basic disclosures of the state of their investments, ASIC's investigation reveals, fearing they have the potential to harm investors, the sector itself and the broader financial system. ASIC's ...

First Mutual Private Equity gambled $80m of investor funds: ASIC

ANGELIQUE MINAS  |  MONDAY, 3 NOV 2025
... required to file affidavit evidence listing all the assets and liabilities of himself and FMPE by September 25. The investigation indicated that the funds were not shown to be invested in shares on any stock market but instead about $80 million has been ...

ASIC confirms investigation into a Clime fund

KARREN VERGARA  |  FRIDAY, 31 OCT 2025
ASIC has commenced a preliminary investigation into the Clime Australian Income Fund. The corporate watchdog set the record straight, stating that it has commenced an investigation into the fund with respect to its compliance with the target market ...

Chris Marco sentenced to prison over $34m fraud

MATTHEW WAI  |  FRIDAY, 31 OCT 2025
... deceit or fraudulent means. He was subsequently charged with 50 counts of fraud in 2022. Notably, following further investigation into Marco's business, ASIC alleged that Marco's former executive assistant, Linda Marissen, enabled or aided Marco ...

Court blocks Merhi from financial services

KARREN VERGARA  |  TUESDAY, 28 OCT 2025
... Chiodo Corp has provided ASIC with documents showing how the money was appropriated and is working with ASIC on the investigation."