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Showing 931 - 940 of 1611 results for "Investigation"

Poll provides fresh defence against Royal Commission

MARK SMITH  |  FRIDAY, 14 OCT 2016
... independent inquiry..." "The open-ended nature of that question meant most respondents agreed with some form of investigation into banks, but it was impossible to assess real levels of support for a royal commission," ABA chief executive Steven MA1/4nchenberg ...

CommInsure continues to be investigated

DARREN SNYDER  |  WEDNESDAY, 12 OCT 2016
ASIC is declining to update its position on potential outcomes of the regulator's CommInsure investigation. ASIC is working closely with APRA during its CommInsure investigation and the former said it has obtained about 60,000 documents for consideration. ...

Life Insurance Code targets self-regulation

MARK SMITH  |  TUESDAY, 11 OCT 2016
An independent committee will have the ability to sanction insurers who do not comply with a new set of standards laid out in an industry-wide Life Insurance Code of Practice produced by the Financial Services Council (FSC). The new code, released today ...

ASIC permanently bans dishonest adviser

KERRIE SYDEE  |  MONDAY, 10 OCT 2016
... Financial Services Partners (FSP), a subsidiary of the Australia and New Zealand Banking Group (ANZ). Following an investigation by ASIC it was revealed that from December 2003 to March 2015. Williams had dishonestly provided Financial Services Guides ...

More poor customer outcomes expected: Narev

JAMIE WILLIAMSON  |  WEDNESDAY, 5 OCT 2016
... of inappropriate products to generate high commissions having been raised "some years ago", the bank's internal investigation is still incomplete. Narev also further denied that any of the issues the bank has experienced in recent years are systemic ...

ASIC bans Deutsche Bank trader

KERRIE SYDEE  |  THURSDAY, 29 SEP 2016
... options and futures trader from providing financial services. Andrew Donaldson of Sydney was banned following an ASIC investigation into Donaldson's conduct in 2013 and 2014, where he entered false entries into Deutsche Bank's record. As a result of ...

Fraudulent adviser faces court

JAMIE WILLIAMSON  |  WEDNESDAY, 28 SEP 2016
... South Wales financial adviser has appeared in court over 19 fraud-related charges brought by ASIC. Following an investigation by the regulator, Gabriel Nakhl faced the Local Court of New South Wales yesterday, accused of engaging in dishonest conduct ...

Former Westpac adviser banned

JAMIE WILLIAMSON  |  TUESDAY, 27 SEP 2016
... from providing financial services for four years. Michael Mahoney of Adelaide has been disqualified after an ASIC investigation found that he engaged in misleading and deceptive conduct during his time as a Westpac representative. Mahoney was employed ...

Another former AMP planner cops ban

JAMIE WILLIAMSON  |  WEDNESDAY, 21 SEP 2016
... ASIC has permanently banned a former longtime AMP financial planner from providing financial services following an investigation. The regulator banned Damian O'Rourke after it found he failed to provide appropriate advice, failed to provide clients with ...

ASIC hands down permanent and four year bans

KERRIE SYDEE  |  FRIDAY, 16 SEP 2016
... Steven Hill was permanently banned from engaging in credit activities and providing financial services after an ASIC investigation found that between January 2006 and February 2007, Hill, through Hill Stephens & Associated and International Finance Consortium ...