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Showing 1 - 10 of 1305 results for "Audit"

Treasury considers reward system for whistleblowers

RIDDHIMA TALWANI  |  WEDNESDAY, 3 JUN 2026
... whistleblower including misappropriation of confidential Lendlease board papers which were used by KPMG to pursue major audit tenders including Westpac and Dexus. She also mentioned serious concerns regarding independence and integrity during the pursuit ...

KPMG chief resigns after firm admits whistleblower probe fell short

RIDDHIMA TALWANI  |  MONDAY, 1 JUN 2026
... the client information. As a consequence, KPMG chief executive Andrew Yates along with the national managing partner of audit and assurance Julian McPherson have resigned from their positions on May 29. While the board has appointed Stan Stavros as interim ...

Small pocket of failed measures can 'blow the entire business': Anderson

MATTHEW WAI  |  FRIDAY, 29 MAY 2026
The Financial Advice Association Australia (FAAA) general manager of policy, advocacy and standards Phil Anderson warned licensees to improve their control measures for authorised representatives to avoid any unintended consequences. Breaking down licensees' ...

AIOFP partners to launch adviser protection program

MATTHEW WAI  |  TUESDAY, 26 MAY 2026
... access - not narrowing it," Pettiona said. "Technology has a critical role to play in enabling better oversight, clearer audit trails, and stronger governance without removing advisers from the equation."

ASIC launches action against Equity Trustees for $65m First Guardian failures

ELIZA BAVIN  |  THURSDAY, 21 MAY 2026
... obtain critical information before onboarding First Guardian such as its constitution, audited financial accounts or an audit of its compliance plan. Further, ASIC alleges that Equity Trustees allowed its members to invest 100% of their funds in First ...

Data, compliance key to successful technology-enabled advice

KARREN VERGARA  |  WEDNESDAY, 20 MAY 2026
... of clients' wealth. Applying quality assurance throughout the process - from advice guidance to advice generation - or "audit in real time" is where the industry should be moving towards. As an example, Esler shared Padua has 15 compliance managers whose ...

Mulino targets retail investor protections, high-risk MISs: SIAA

KARREN VERGARA  |  TUESDAY, 19 MAY 2026
Assistant treasurer Daniel Mulino will target the flow of retail investor money into high-risk managed investment schemes (MIS), the Stockbrokers and Investment Advisers Association (SIAA) Conference heard this morning, flagging how regulators will ...

Super funds get ahead of proposed minimum service standards: KPMG

KARREN VERGARA  |  TUESDAY, 19 MAY 2026
... respectful and accessible communications with members. The government also expects them to have better documentation and audit trails, carry out mandatory processes replacing discretionary practices. The first tranche of the standards is set to go live ...

ASIC flags disclosure flaws in first wave of mandatory climate reports

VINNY VUCAGO  |  MONDAY, 18 MAY 2026
... transparency and informed investment decisions. "Our surveillance programs reinforce the importance of high-quality reporting and audit," O'Rourke said. "Reliable financial information is critical to transparency in Australia's capital markets and informed ...

ASIC to receive $10m in FY27 to improve MIS supervision

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
The government will provide the market watchdog $10.3 million in the next financial year to enhance its ability to utilise data in its supervision of managed investment schemes. It comes as the government is providing $17.8 million over four years from ...
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