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Showing 641 - 650 of 1608 results for "Investigation"

Senior lawyer drags AMP to court

KANIKA SOOD  |  THURSDAY, 24 OCT 2019
... a statement. "AMP terminated Ms Baker Cook's employment for misconduct on 21 June 2019 following an external investigation. The investigation found serious breaches by Ms Baker Cook including breaches of her contractual, fiduciary and statutory duties ...

AMPFPA selects law firm

JAMIE WILLIAMSON  |  TUESDAY, 15 OCT 2019
The AMP Financial Planners Association has appointed a high-profile law firm to explore legal options available to its members following AMP's decision to alter its Buyer of Last Resort policy. The AMPFPA has selected Corrs Chambers Westgarth to ...

Broker fined for lavish entertainment

ELIZABETH MCARTHUR  |  MONDAY, 14 OCT 2019
... acts for institutional clients transacting in the wholesale markets, carried out "name passing" broking. An FCA investigation found that between 2008 and 2010 the company did not have effective controls around broker conduct. Broker bonuses were based ...

Culture change must not be a fad: APRA

HARRISON WORLEY  |  FRIDAY, 11 OCT 2019
APRA chair Wayne Byres told Australia's banking lobby that changes to the sector's culture cannot disappear once the spotlight moves away. Speaking at the Australian Banking Association's national economic series in Sydney on Wednesday, Byres said APRA's ...

CommInsure charged over hawking

HARRISON WORLEY  |  FRIDAY, 4 OCT 2019
... Assurance Society (CMLA) - which trades as CommInsure - at the end of 2014. "These matters had been the subject of an investigation by the Australian Securities and Investments Commission (ASIC)," CBA said. "CMLA reported breaches of anti-hawking provisions ...

Major super funds caught in fraud scandal

ELIZA BAVIN, JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2019
... Standard : "Identity theft is an appalling crime and we've been working closely with authorities to aid their investigation, as well as conducting our own review. We have not identified any additional fraudulent activity where a member has not already ...

ASIC prepares to be primary super conduct regulator

ELIZABETH MCARTHUR  |  THURSDAY, 12 SEP 2019
... seen in recent weeks, a number of those referrals and case studies are before the courts, and we have more under investigation. As we have also seen, the new regulatory powers provided to ASIC are enabling early intervention on what we believe are matters ...

Consultation opens on new ASIC powers

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 SEP 2019
... draft legislation on enhancing ASIC's powers, including allowing the regulator to tap the phones of those under investigation. The new legislation follows on from the ASIC Enforcement Review Taskforce which made a number of recommendations that would ...

Calls to give ASIC power to repair reputations

ELIZA BAVIN  |  WEDNESDAY, 11 SEP 2019
... prominent lawyer has argued ASIC should be given the power to issue "no action letters" to those not under formal investigation for wrongdoing following the Royal Commission. Philip Crutchfield, QC, who previously acted for the corporate watchdog in ...

AMP hires head of whistleblowing

ELIZABETH MCARTHUR  |  MONDAY, 2 SEP 2019
... Paterson steps into the role, joining AMP from Commonwealth Bank where she was the executive manager and whistleblower investigation officer. Prior to joining Commonwealth Bank, Paterson was executive counsel/special counsel at Workdynamic Australia ...