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Showing 61 - 70 of 184 results for "Public Prosecutions"

Adviser guilty of misuse of client money

ELIZA BAVIN  |  THURSDAY, 14 MAY 2020
... with its investigation and early guilty plea. The matter is being prosecuted by the Commonwealth Director of Public Prosecutions. The news comes days after the regulator banned three other financial advisers from Adelaide, Melbourne and Sydney. Adelaide-based ...

AFSL pleads guilty to mishandling client money

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
... imposed by ASIC on the PSAL AFS licence. "We have fully cooperated with ASIC and the Commonwealth Department of Public Prosecutions in their inquiries, and we take full responsibility for these unintentional breaches of our compliance obligations," a ...

ASIC turns up the heat on enforcement

HARRISON WORLEY  |  THURSDAY, 27 FEB 2020
... protection claim in 2014. One case, ASIC said, is currently being considered by the Commonwealth Director of Public Prosecutions for potential criminal action, following ASIC's investigation. Seven of the cases referred to the corporate regulator by ...

CommInsure enters guilty plea

ELIZA BAVIN  |  TUESDAY, 19 NOV 2019
... information in the PDS when making a decision. The case has been handed over to the Commonwealth director of public prosecutions from ASIC with details of the investigation and a prosecution brief. CommInsure was charged by the regulator in early October ...

ASIC bans adviser over super theft

ELIZABETH MCARTHUR  |  THURSDAY, 23 MAY 2019
... of debt owed by the 14 companies to creditors amounted to about $9.8 million. The Commonwealth director of public prosecutions is prosecuting the matter. The ban will prevent McSweeny from managing companies for the maximum period of five years. Following ...

ASIC flags post-RC criminal prosecutions

JAMIE WILLIAMSON  |  WEDNESDAY, 20 FEB 2019
... representatives. "ASIC expects these investigations to result in a number of referrals to the Commonwealth Director of Public Prosecutions for assessment for criminal prosecution," the regulator confirmed. Work on the 11 specific referrals made in the ...

MYEFO: Regulatory funding increases, Budget surplus doubles

DARREN SNYDER  |  MONDAY, 17 DEC 2018
... The Government is also providing $28 million over four years from 2018-19 to the Commonwealth Director of Public Prosecutions. This is "to pursue a greater number of prosecutions of those responsible for misconduct in the banking, superannuation and ...

Frydenberg splashes $50m to pursue financial services crime

HARRISON WORLEY  |  FRIDAY, 16 NOV 2018
... Treasurer Josh Frydenberg said an additional $51.5 million would be provided to the Commonwealth Director of Public Prosecutions (CDPP) and the Federal Court of Australia, in an effort to increase prosecutions of criminal misconduct by financial institutions. ...

Former adviser jailed, ASIC posts FY18 stats

KARREN VERGARA  |  THURSDAY, 1 NOV 2018
... will be met with serious consequences," she said. The matter was heard before the Commonwealth Director of Public Prosecutions. In the 2017-18 financial year, ASIC said it undertook 22 criminal convictions, 13 custodial sentences and 133 people were ...

ASIC appeal convicts former CBA planner

KARREN VERGARA  |  THURSDAY, 4 OCT 2018
... helped convict a former CBA financial planner on appeal. ASIC, together with the Commonwealth Director of Public Prosecutions (CDPP), appealed the sentence of former Commonwealth Financial Planning adviser Ricky David Gillespie. ASIC's investigation ...