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Showing 791 - 800 of 1609 results for "Investigation"

CBA finds no evidence of customer data breach

ALEX BURKE  |  THURSDAY, 3 MAY 2018
Following an investigation by KPMG, the Commonwealth Bank said no evidence was found that customer information was compromised when two magnetic tapes went missing in 2016. The tapes in question contained customer names, addresses, account numbers and ...

ASIC tightens grip on ICO issuers

KANIKA SOOD  |  WEDNESDAY, 2 MAY 2018
... and misrepresentations about the viability of the company's core financial services products. SEC is pursuing an investigation. It has already charged three co-founders of Centra Tech Inc, alongside criminal authorities.

Nick Bolton back on ASIC radar

ALEX BURKE  |  MONDAY, 30 APR 2018
... Management managing director John Patton, who purchased Aurora from Keybridge in June 2016 for $1.8 million. ASIC's new investigation involves the regulator seeking to extend Bolton's ban on the basis that he may have breached section 206A(1)(a), (b) ...

Financial planning must regroup and reform: Social Media

HARRISON WORLEY  |  FRIDAY, 27 APR 2018
... have called for structural changes to the financial planning industry after the Royal Commission wrapped up its investigation into financial advice this week. After a fortnight of revelations during the Royal Commission's probe into financial advice ...

Adviser regulation lacking a professional body, RC hears

KARREN VERGARA  |  FRIDAY, 27 APR 2018
... scheme." The subjects of yesterday's inquiry were an unnamed member and Darren Tindall. After conducting its own investigation, the AFA's internal Membership Review Committee recommended for nothing less than a suspension or the association will ...

Royal Commission grills professional associations

KARREN VERGARA  |  THURSDAY, 26 APR 2018
The Royal Commission scrutinised the shortcomings of professional associations' ability to protect clients against inappropriate financial advice and the lack of urgency in resolving complaints. The Commission recommenced with Financial Planning Association ...

AMP kept unsuspecting clients in the dark: RC

KARREN VERGARA  |  TUESDAY, 24 APR 2018
The financial services Royal Commission censored the names of two AMP financial planning clients who currently don't know they are the victims of improper advice provided by an authorised representative. AMP knew as early as March 2017 the husband and ...

Royal Commission singles out 325 NAB staff cutting corners

ALEX BURKE  |  TUESDAY, 24 APR 2018
... was contacted and asked to respond to these allegations, during which point he was suspended. After a period of investigation, Meyn's employment was terminated on the basis that he "deliberately falsified details" on those forms and that he had breached ...

ANZ dragged its heels on adviser misconduct

ALEX BURKE  |  FRIDAY, 20 APR 2018
... Despite Whereat attending a meeting in August 2015 and suspending Doyle eight days later - along with commencing an investigation into his behaviour - RI Advice extended Doyle's authorisation until June 2016. "We were considering a number of options ...

Westpac obscured bad adviser reference check

KARREN VERGARA  |  FRIDAY, 20 APR 2018
... or references - only that it had "concerns regarding his conduct." Knowing that Westpac was conducting an ongoing investigation on Smith, Dover repeatedly asked for updates in the weeks following - but Westpac obfuscated any of its findings. By today's ...