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Showing 61 - 70 of 342 results for "Investigations"

ASIC chief executive to depart

ELIZA BAVIN  |  TUESDAY, 16 APR 2024
... maintained a strong and strategic pipeline of enforcement work. ASIC is in court every day, and we are launching new investigations every second day of the week, all aligned to the priorities we have set out," Longo said. Local and global searches for ...

Class action building against GEMI Capital

ELIZA BAVIN  |  MONDAY, 15 APR 2024
... into claims of investor losses in various financial products issued by GEMI Asset Management. The law firm said investigations were targeting scenarios in which wholesale or sophisticated investors were enticed into acquiring GEMI financial products ...

Blockchain mining companies sued by ASIC

ANDREW MCKEAN  |  MONDAY, 15 APR 2024
... funds from regulated super funds to self-managed super funds (SMSFs) and convert them into cryptocurrency. Early investigations indicate that around 450 Australians invested approximately US$41 million through the NGS companies. As a result, ASIC has ...

ASIC consults on misconduct reporting rules

ANDREW MCKEAN  |  FRIDAY, 12 APR 2024
... regulatory experience, we have observed that some external administrators and controllers are undertaking extensive investigations and incurring significant costs in completing the initial statutory report. We consider this to generally be unnecessary ...

Court rejects Provide Capital's 'illogical' application

KARREN VERGARA  |  WEDNESDAY, 3 APR 2024
... documents as part of its investigation. On 13 December 2023, Provide Capital made an application to prevent further investigations alleging ASIC did not have reasonable grounds to suspect the contraventions under investigation because it had not prepared ...

QMV Legal folds, managing partner to launch new firm

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... to have advised clients on a broad range of matters, including successor fund transfers, regulatory change and investigations, and material service provider contracts." Melbourne-based QMV Legal also comprises senior regulatory consultant Jessica Pomeroy. ...

ASIC cracks down on scammers

CHLOE WALKER  |  MONDAY, 4 MAR 2024
... and nine criminal convictions relating to scamming in the half year to 31 December 2023. It also launched 83 new investigations, commenced 19 new civil proceedings, criminally charged 19 individuals, and completed nearly 350 surveillances. "Cost of living ...

ASIC to tighten grip on super fund misdemeanours

ANDREW MCKEAN  |  FRIDAY, 2 FEB 2024
... other issues, leading to additional distress for members' families," she said. While not commenting specifically on investigations underway, Court flagged that ASIC is undertaking an industry review focused on improving the delivery of superannuation ...

Federal Court appoints receivers to investigate Brite Advisors

ANDREW MCKEAN  |  MONDAY, 18 DEC 2023
... it took these steps to protect client assets, and the management of those assets, on an ongoing basis, while the investigations continue.

Boards unprepared for new workplace laws: Research

ROSE MARY PETRASS  |  THURSDAY, 14 DEC 2023
... workplace. Under the new laws, workplaces can be held liable for sexual harassment and gender-based discrimination, and investigations can be made regardless of whether a complaint has been filed. Research from the Australian Institute of Company Directors ...