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Showing 61 - 70 of 333 results for "Watchdog"

ACCC blitzes social media influencers

ANDREW MCKEAN  |  MONDAY, 30 JAN 2023
... is investigating social media platforms like Instagram, TikTok, Snapchat, YouTube, Facebook, and Twitch. The consumer watchdog is also considering the involvement of advertisers, markers, brands, and social media platforms in facilitating misconduct. ...

Former planner pleads guilty to dishonest conduct

CASSANDRA BALDINI  |  FRIDAY, 27 JAN 2023
... director. The companies included: Thrive Lending Pty Ltd, Trade BTC Pty Ltd, and Beta Pharmacology Pty Ltd. The corporate watchdog found on seven more occasions during November 2015, Grimm dishonestly transferred shares and convertible notes owned by ...

Bloomberg pays US$5m in SEC charges

CASSANDRA BALDINI  |  TUESDAY, 24 JAN 2023
... Service (BVAL), which provides daily price valuations for fixed income securities to financial services entities. The US watchdog found that roughly between 2016 to October 2022, Bloomberg failed to disclose to its BVAL customers that the valuations ...

Ethical ETF popularity soars

RACHEL ALEMBAKIS  |  FRIDAY, 23 SEP 2022
... with an eye to enforcement action. "ASIC's information guide and the ACCC speech basically concluded that the consumer watchdog is going to treat incorrect claims of green credentials as misleading and false advertising," Liddell said. "It comes back ...

Spirit Super consortium withdraws from port acquisition

ANDREW MCKEAN  |  TUESDAY, 30 AUG 2022
... outlining its preliminary concerns with the proposed acquisition of the Port of Geelong by the Consortium. The corporate watchdog was concerned the acquisition may substantially lessen competition in Victoria for the supply of port services for long-term ...

ASIC capability review released

CASSANDRA BALDINI  |  FRIDAY, 26 AUG 2022
... work with the FRAA on the development of indicators and metrics of effectiveness and capability, it said. The corporate watchdog pointed to its corporate plan which provides more information on the initiatives. https://www.financialstandard.com.au/news/asic-highlights-strategic-priorities-179796432?q=ASIC ...

Link rejects Dye & Durham takeover bid

ANDREW MCKEAN  |  MONDAY, 11 JUL 2022
... the takeover agreement, the ACCC recently said it hadn't yet agreed to provide 'approval' or any decision. The consumer watchdog also said it hadn't reached a view on Dye and Durham's request for informal merger clearance for its proposed purchase of ...

ASIC releases CCIV guidelines

CASSANDRA BALDINI  |  FRIDAY, 24 JUN 2022
... February 2020 for responsible managers and officers of the responsible entity." Despite this amendment, the corporate watchdog said it will still exercise scrutiny even if the applicant already has an AFS licence. The report further stated that ASIC ...

Corporate advisor charged over $2m theft

CASSANDRA BALDINI  |  WEDNESDAY, 22 JUN 2022
... charged with eight counts of fraud and five counts of stealing pursuant following an ASIC investigation. The corporate watchdog alleged that between March 2010 and January 2015, Torre stole approximately $1.882 million from his clients with the intent ...

ASIC helps issuers avoid greenwashing

CASSANDRA BALDINI  |  TUESDAY, 14 JUN 2022
... considerations are incorporated into investment decisions and stewardship activities," the sheet reads. The corporate watchdog also recommended keeping up to date with regulatory developments and ensuring disclosures are also reflected correctly. ASIC ...