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Showing 71 - 80 of 342 results for "Investigations"

Nominations open in FS Sustainability Power50

RACHEL ALEMBAKIS  |  TUESDAY, 14 NOV 2023
... long-anticipated sustainable finance strategy. This year has also brought challenges in the form of greenwashing investigations, causing companies to rethink they ways in which they implement their ESG targets and objectives. The people who appear on ...

AAT overturns ASIC ban on investment guru

CASSANDRA BALDINI  |  FRIDAY, 20 OCT 2023
... conclusion, McCabe clarified that he is not excusing the problematic behaviour uncovered through ASIC's thorough investigations. "... but the issues she presents are issues for a different decision-maker," he said.

US regulator fines DWS US$25m for greenwashing, AML offences

RACHEL ALEMBAKIS  |  TUESDAY, 26 SEP 2023
... action; and to a cease-and-desist order, censure, and a US$19 million penalty in the ESG misstatements action. Both investigations were led by the Enforcement Division's Asset Management Unit (AMU).

ASIC cracks down on CFDs, OTC derivatives

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
... deputy chair Karen Chester said. "We have further stop orders under consideration and several other DDO-related investigations underway, including for high-risk investment products," she said. eToro is preparing to defend its practices as ASIC alleges ...

Legacy issues, business overhaul plague E&P results

KARREN VERGARA  |  FRIDAY, 25 AUG 2023
... million. Several challenges negatively impacted the group's financial performance, which includes regulatory investigations and proceedings related to legacy issues; the ongoing impact of the appointment of voluntary administrators to DASS in January ...

ASIC renews leadership team

CHLOE WALKER  |  FRIDAY, 18 AUG 2023
... enforcement and compliance, regulation and supervision and markets group teams. ASIC's current senior executive leader, investigations Chris Rowe has been promoted to the role of senior executive leader investigation and enforcement action, while current ...

Wall Street firms slugged $442m for recordkeeping breach

KARREN VERGARA  |  WEDNESDAY, 9 AUG 2023
... required records, as a result, has deprived the SEC to obtain such communications when it came to conducting various investigations. The failures involved employees at multiple levels of authority, including supervisors and senior executives, the SEC ...

Government cracks down following PwC scandal

CASSANDRA BALDINI  |  TUESDAY, 8 AUG 2023
... regarding tax agent misconduct will be protected. The TPB will also now have up to 24 months to complete complex investigations and its public register of practitioners will be improved so that people have more transparency over agent and firm misconduct. ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  TUESDAY, 8 AUG 2023
ASIC's latest action against Vanguard for allegations of greenwashing in a bond fund raises the question of whether the market regulator will crack down on index providers and other third-party service providers for greenwashing as well. Last month ...

Mayfair 101 accuses ASIC of "suspicious" conduct over FOIs

JAMIE WILLIAMSON  |  FRIDAY, 4 AUG 2023
... to encrypted messaged exchanged between ASIC deputy chair Karen Chester and Bronte Capital founder John Hempton. Investigations by The Australian recently found it was an email from Hempton to Chester that likely sparked the regulator's interest ...