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Showing 851 - 860 of 4098 results for "Conduct"

DWS chief resigns amid greenwashing claims

JAMIE WILLIAMSON  |  THURSDAY, 2 JUN 2022
The chief executive of DWS Group is leaving the group next week, having resigned citing the ongoing allegations of greenwashing by the investment giant. DWS announced overnight that Asoka Woehrmann has decided to resign following the company's annual ...

ETFS Physical Gold to be split 10:1

ANDREW MCKEAN  |  THURSDAY, 2 JUN 2022
ETF Securities is conducting a 10:1 share split on its $2.6 billion ETFS Physical Gold product (GOLD). The split, which will be effective from June 8, would see owners of GOLD receive nine additional shares for each share they currently hold. Correspondingly ...

ACCC on financial services priorities

CASSANDRA BALDINI  |  WEDNESDAY, 1 JUN 2022
... Cass-Gottlieb has said the regulator is focused on promoting effective competition, investigating allegations of anti-competitive conduct, and protecting the interests of consumers in the financial services sector. Speaking at an AFR event, Cass-Gottlieb ...

Volatile crypto markets need better regulation: CHOICE

ANDREW MCKEAN  |  TUESDAY, 31 MAY 2022
... that Australians lost $99 million in crypto investment scams in 2021. Of note, the ACCC acted over alleged misleading conduct by Meta (formerly Facebook) for publishing scam celebrity crypto ads. The ACCC contends that ads which promoted cryptocurrency ...

ASIC bans financial adviser for five years

ANDREW MCKEAN  |  FRIDAY, 20 MAY 2022
... found Guan was not competent to provide financial services as he had failed to identify that he required an AFS licence to conduct a financial services business in Australia. Guan also failed to maintain adequate client records and breached his authorised ...

Tesla axed from the S&P 500 ESG index

ANDREW MCKEAN  |  THURSDAY, 19 MAY 2022
... industry group peers. Other contributing factors pertained to Tesla's lack of low carbon strategy and codes of business conduct. The ideology blog also claimed that a media and stakeholder analysis of Tesla identified future exposure risks from two separate ...

Allianz subsidiary, former portfolio managers charged over massive fraud

JAMIE WILLIAMSON  |  WEDNESDAY, 18 MAY 2022
Allianz Global Investors and three of its former portfolio managers have been charged by the US regulator over a multi-billion-dollar securities fraud sold to pension funds that went on for more than four years. The Securities and Exchange Commission ...

Former adviser sentenced over dishonesty

JAMIE WILLIAMSON  |  TUESDAY, 17 MAY 2022
... includes one year of home detention. Nesseim received a permanent ban from ASIC in May 2018 for misleading or deceptive conduct regarding the fabricated evidence. This conduct occurred between August and October 2017. At the time, he was an authorised ...

Charges laid in lengthy ASIC investigation

JAMIE WILLIAMSON  |  MONDAY, 16 MAY 2022
... and Aquarius Platinum Limited to be transferred from one party to another while knowing the documents were false. This conduct impacted 14 shareholders, ASIC said. The parties to which the shares were transferred are allegedly Howard and an associate. ...

APRA identifies NESS Super board deficiencies

JAMIE WILLIAMSON  |  FRIDAY, 13 MAY 2022
APRA has told the $1 billion super fund to improve its governance after a review found deficiencies with its board. The directions follow a review of NESS Super's governance and an independent review conducted by NESS which identified skill gaps ...