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Showing 891 - 900 of 1609 results for "Investigation"

Adviser ban upheld by tribunal

KARREN VERGARA  |  TUESDAY, 4 APR 2017
... Tribunal (AAT) affirmed the corporate regulator's decision to ban a former client adviser for five years. An ASIC investigation found Ryan Batros placed 'execution only' orders on the ASX that he received from clients to sell shares and options in Metals ...

Barclays fined following ASIC investigation

JAMIE WILLIAMSON  |  FRIDAY, 24 MAR 2017
... and BCSL also failed to do so between 2004 and 2014. It was also found that BCI failed to notify ASIC of offshore investigation and enforcement matters within the time required of foreign financial service providers, and the regulator took particular ...

Super funds support PRI statement on slavery

EMMA RAPAPORT  |  FRIDAY, 24 MAR 2017
... grocery retailers admitted to stocking seafood from a Thai company accused of using slave labour. The PRI said an investigation by Associated Press revealed that some of the workers were children who've said they work under the threat of violence. IFM ...

CommInsure cleared of medical misconduct

ALEX BURKE  |  THURSDAY, 23 MAR 2017
ASIC's investigation into CommInsure found no evidence of claims managers applying pressure on medical staff to change assessments, although the regulator said claims handling fell short of community expectations. CommInsure employees have been accused ...

ASIC permanently bans Queensland adviser

KARREN VERGARA  |  THURSDAY, 23 MAR 2017
... while he worked at financial planning and services firm Anne Street Partners between October 2012 and 2015, ASIC's investigation found. Logan created false documents to entice an acquaintance, who was not a client of ASP, to invest money through him ...

Adviser contravenes FoFA obligations

EMMA RAPAPORT  |  MONDAY, 20 MAR 2017
... Federal Court of Australia for alleged contraventions of the Future of Financial Advice obligations. Following an ASIC investigation, Wealth and Risk Management (WRM), and its related companies Yes FP and Jeca (trading as Yes FS), have been accused by ...

Major ASIC project finds serious financial advice concerns

ALEX BURKE  |  FRIDAY, 17 MAR 2017
... regulator has identified 185 advisers fitting this description, 26 of whom have been banned, with a further 75 under investigation. ASIC noted that in December 2015, of the 149 SCC advisers ASIC had identified, 73 had not been the subject of a breach ...

ASIC spots forex breaches at ANZ and Westpac

ALEX BURKE  |  WEDNESDAY, 15 MAR 2017
ASIC has accepted enforceable undertakings from Westpac and ANZ following an investigation into the banks' wholesale foreign exchange businesses. The regulator found that between 2008 and 2013, Westpac and ANZ's systems and controls failed to address ...

BT Financial Group wins Life Company of the Year

ALEX BURKE  |  FRIDAY, 10 MAR 2017
The Association of Financial Advisers and Strategic Insight named BT Financial Group as Life Company of the Year in Sydney last night. BTFG took home the platinum award against runners-up TAL, MLC and OnePath. The AFA and Strategic Insight said these ...

ASIC compensation skyrockets

KARREN VERGARA  |  THURSDAY, 9 MAR 2017
The amount of compensation for consumers and investors collected by ASIC in the second half of 2016 surged to $159.4 million, up from $13.4 million in the first half. The latest ASIC Enforcement Report shows 63 infringement notices were issued - $2.9 ...