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Showing 1 - 10 of 549 results for "Investigate"

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 ...

Treasury considers reward system for whistleblowers

RIDDHIMA TALWANI  |  WEDNESDAY, 3 JUN 2026
... disclosures which would further tie up limited regulator resources. Assistant treasurer Daniel Mulino said the review will investigate whether the current laws are working as intended, identify any ongoing concerns, and, where appropriate, recommend ...

ASIC, APRA target insurers' TPD product sustainability

KARREN VERGARA  |  MONDAY, 25 MAY 2026
Regulators are putting the pressure on life insurers to manage problematic issues arising from total and permanent disability (TPD) products offered across the retail and group insurance channels, a recent roundtable heard. ASIC and APRA warned providers ...

InterPrac targets First Guardian victim, disputes AFCA ruling

KARREN VERGARA  |  FRIDAY, 15 MAY 2026
InterPrac Financial Planning is taking action against a former client and victim of the First Guardian Master Fund collapse for an Australian Financial Complaints Authority (AFCA) determination it is vehemently contesting. The new proceeding comes off ...

Sequoia delays dividend amid InterPrac sale uncertainty

ELIZA BAVIN  |  THURSDAY, 14 MAY 2026
... offload InterPrac for $50,000 to Conquest. Following the announcement, ASIC applied to the Federal Court for KPMG to investigate the proposed sale. ASIC expressed concerns the sale could adversely affect InterPrac's creditors, including its liabilities ...

Sequoia abandons InterPrac sale

KARREN VERGARA  |  FRIDAY, 1 MAY 2026
... Investment Partners for $50,000 in late March. The regulator jumped on this, applying to the Federal Court for KPMG to investigate the proposed sale. ASIC expressed concerns the sale could adversely affect InterPrac's creditors, including its liabilities ...

ASIC concerns over Interprac sale 'unfounded': Sequoia

JAMIE WILLIAMSON  |  FRIDAY, 10 APR 2026
... required to approve the transaction. Earlier this week ASIC applied to the Federal Court to have receivers appointed to investigate the validity of the sale of Interprac to Conquest Investment Management. In particular, the receivers will look into the ...
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