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Showing 81 - 90 of 333 results for "Watchdog"

Foreign exchange brokers banned

ANNABELLE DICKSON  |  THURSDAY, 18 MAR 2021
The corporate watchdog has banned the sole director and four employees of contracts-for-difference and FX broker Forex Capital Trading from providing financial services. Forex CT chief executive officer, responsible manager and sole director Shlomo ...

ACCC merger reforms may impact super industry

ELIZA BAVIN  |  FRIDAY, 26 FEB 2021
The competition watchdog has accelerated merger activity in the superannuation sector in its sights as it becomes increasingly concerned about lack of competition in financial services. Australian Competition and Consumer Commission (ACCC) chair Rod ...

Most ethical companies revealed

ELIZABETH MCARTHUR  |  THURSDAY, 25 FEB 2021
... fined $2 million by the state of California. Also making Ethisphere's list is John Deere, which Australia's consumer watchdog is currently looking into. The company has been locking in disputes in recent years with farmers all over the world over its ...

ASIC zeroes in on bad SMSF advice, conduct

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
... several key projects are progressing to address the poor advice and behaviours that remain active in the SMSF sector. The watchdog is taking the appropriate actions against any misleading information provided to consumers, Press said, making Squirrel ...

Woodford flags comeback

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
... Jersey Financial Services Commission, sharing information about applications Woodford has made to be able to operate. The watchdog is still investigating the downfall of the Woodford Equity Income Fund. "The investigation is being appropriately resourced ...

ASIC faces cybersecurity attack

KARREN VERGARA  |  WEDNESDAY, 27 JAN 2021
Corporate watchdog ASIC was hit with a cybersecurity breach on January 15 that has potentially exposed personal information. ASIC announced on January 25 that the incident involved unauthorised access to a server that contained documents associated ...

BlackRock readies for crypto exposure

KARREN VERGARA  |  FRIDAY, 22 JAN 2021
... investing in cryptocurrency, priming two of its global funds to potential exposure to bitcoin futures. Two filings with US watchdog the Securities and Exchange Commission reveal that two of BlackRock's funds - the BlackRock Global Allocation Fund and ...

ASIC slams auditors

KARREN VERGARA  |  WEDNESDAY, 23 DEC 2020
... conditions in their audits," she said. ASIC launched its review into audits in 2019. While it is still early days, the watchdog is aiming to enforce actions against auditor misconduct, delve into conflicts of interest, and force more transparency in ...

ASIC takes action on Union Standard

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... which clients could generate. Union Standard also traded in margin FX products to clients in China in circumstances, the watchdog claimed, it was illegal for Chinese residents to deal or trade in those foreign exchange contracts. ASIC alleged Union Standard's ...

ACCC gives IOOF go ahead

ANNABELLE DICKSON  |  TUESDAY, 15 DEC 2020
... IOOF to acquire MLC Wealth as the combined firm will face competition in all aspects of wealth management. The consumer watchdog said it does not oppose IOOF's $1.4 billion acquisition of MLC Wealth despite both firms supplying platforms for superannuation ...