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Showing 1 - 10 of 555 results for "Investigate"

Sequoia plots potential restructure

MATTHEW WAI  |  FRIDAY, 18 SEP 2026
... Cross Deed of Guarantee at risk tied to the sale. The regulator applied to the Federal Court i n April for KPMG to investigate the proposed sale, concerned that it could adversely affect InterPrac's creditors, including its liabilities in relation ...

Tribunal affirms InterPrac, FSGA adviser bans

MATTHEW WAI  |  FRIDAY, 11 SEP 2026
... "Advisers must personally understand their clients' circumstances, critically assess the information gathered and investigate the products they recommend. Simply presenting advice prepared through a high-volume, templated process does not meet those ...

Sequoia gives InterPrac sale a second shot

ELIZA BAVIN  |  THURSDAY, 27 AUG 2026
... to discontinue its proceedings that commenced in April, when the regulator sought the appointment of receivers to investigate the validity of the sale of InterPrac to Conquest Investment Management. At the heart of it was the Cross Deed of Guarantee ...

Sequoia caves into InterPrac sale undertaking, ASIC withdraws proceedings

KARREN VERGARA  |  WEDNESDAY, 5 AUG 2026
... to discontinue its proceedings that commenced in April, when the regulator sought the appointment of receivers to investigate the validity of the sale of InterPrac to Conquest Investment Management. At the heart of it was the Cross Deed of Guarantee ...

Treasury opens consult on TPB sanctions framework

ELIZA BAVIN  |  TUESDAY, 4 AUG 2026
Treasury is seeking feedback on draft regulations and a draft determination to support a stronger sanctions framework for the Tax Practitioners Board (TPB). The draft regulations would require the TPB to publish information about sanctions on the public ...

ASIC wins court order to wind up Capital Guard

RIDDHIMA TALWANI  |  WEDNESDAY, 29 JUL 2026
... Jacinta Nielsen of McGrathNicol as joint and several liquidators. The liquidators will take control of the company, investigate its affairs and seek to preserve and recover assets for the benefit of creditors and investors. "The appointment of independent ...

ASIC seeks to wind up Capital Guard AU

KARREN VERGARA  |  WEDNESDAY, 15 JUL 2026
... Supreme Court of New South Wales it seeks the appointment of an independent liquidator to take control of Capital Guard, investigate its affairs, and preserve and recover assets where possible. ASIC's investigations counted 80 investors who are expected ...

SMSFA backs review of ATO's regulatory approach

VINNY VUCAGO  |  THURSDAY, 9 JUL 2026
The SMSF Association (SMSFA) has welcomed the Australian National Audit Office's (ANAO) review of the Australian Taxation Office's regulation of self-managed super funds, describing it as a timely opportunity to assess whether the regulatory framework ...

Corruption, governance risks: The cost of doing business in emerging markets?

KARREN VERGARA  |  FRIDAY, 26 JUN 2026
... replication," the index provider said. MSCI this week announced it will extend its review of Indonesia to further investigate if it is deserving of emerging market status or else downgrade it as a frontier market. Mackinnon points out that when corruption ...

HSBC Bank fined $35m in landmark scam-protection failures

KARREN VERGARA  |  FRIDAY, 19 JUN 2026
... alleging the bank failed to have suitable controls in place to prevent and detect unauthorised payments and did not investigate suspicious transactions. These took place between January 2020 and August 2024. Of the $23 million lost ASIC was investigating ...
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