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Showing 51 - 60 of 545 results for "Investigate"

ASIC freezes assets Shield, First Guardian marketer

KARREN VERGARA  |  WEDNESDAY, 19 MAR 2025
ASIC has frozen the assets of Rashid Alshakshir, who facilitated leads to the Shield Master Fund and First Guardian Master Fund, as it investigates his links with property fund manager and developer Paul Chiodo. Alshakshir has ties to the funds, according ...

Falcon Capital, First Guardian Master Fund set for liquidation

KARREN VERGARA  |  TUESDAY, 18 MAR 2025
... Anderson's personal property. The regulator has put into motion the applications to the Federal Court while it continues to investigate allegations against the parties that allegedly failed to manage conflicts of interest. The matter has been listed ...

UK regulators abandon DEI reporting push

JAMIE WILLIAMSON  |  THURSDAY, 13 MAR 2025
... in financial services. It followed a spate of sexual harassment cases and the renewal of a government committee to investigate sexism in the industry and the barriers faced by women. The resulting report, Sexism in the City, was damning and called for ...

Court acts against two with links to Shield Master Fund

JAMIE WILLIAMSON  |  THURSDAY, 27 FEB 2025
The Federal Court has made orders against two individuals in connection to ASIC's investigation into the Shield Master Fund collapse. The $480 million Shield Master Fund collapse will likely see its 5800-plus investors cop significant losses, with the ...

BUSSQ handed stricter licence conditions by APRA amid appeal

ANDREW MCKEAN  |  THURSDAY, 20 FEB 2025
... imposed by APRA should remain," Taylor said. "BUSSQ continues to maintain that as the regulator it is APRA's role to investigate any concerns they may have on any matter within a superannuation fund." Taylor added that APRA had previously scrutinised ...

AustralianSuper under investigation for delayed death benefit payouts

ANDREW MCKEAN  |  THURSDAY, 6 FEB 2025
AustralianSuper is being investigated by ASIC over delays in paying out death benefits, after it remediated members last year. AustralianSuper announced last November that it would compensate around 7000 beneficiaries with $4.2 million for death benefit ...

CSLR review will scrutinise effect on businesses

KARREN VERGARA  |  MONDAY, 3 FEB 2025
... impacts the businesses that support its operation will be centrepieces in Treasury's review. Treasury will also investigate how the CSLR is delivering on its intended objectives and how its operator interacts with the delivery of the scheme, according ...

mFunds sparked ASX outage, $1m credit issued

KARREN VERGARA  |  FRIDAY, 24 JAN 2025
The ASX said the outage from last month largely stemmed from the now-defunct mFunds and will subsequently credit participants $1 million to make amends. While several circumstances led to the glitch, the ASX traced the root cause to the introduction ...

SEC fines private equity firms for recordkeeping failures

KARREN VERGARA  |  TUESDAY, 14 JAN 2025
... Robinhood US$45 million for several violations. Among the findings, the SEC said the trading platform failed to timely investigate suspicious transactions, resulting in systematic failures to timely file suspicious activity reports between January 2020 ...

ASIC sues HSBC Australia over $23m scam losses

MATTHEW WAI  |  MONDAY, 16 DEC 2024
... failed to have suitable controls in place to prevent and detect unauthorised payments and failed in its obligations to investigate these suspicious transactions within the required timeframes between January 2020 and August 2024. The corporate watchdog ...