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Showing 1 - 10 of 1604 results for "Investigation"

More aggressive than ever: ASIC defends First Guardian investigation

RIDDHIMA TALWANI  |  FRIDAY, 5 JUN 2026
... Master Fund. ASIC chair Sarah Court, attending the first parliamentary committee after taking over the role, said the investigation is continuing and the regulator's first focus has been on protecting investor funds and taking freezing actions. Early ...

Treasury considers reward system for whistleblowers

RIDDHIMA TALWANI  |  WEDNESDAY, 3 JUN 2026
... comes on the back of KPMG Australia admitting to falling short in its treatment of a recent whistleblower and the investigation into the allegations. As a result, KPMG chief executive Andrew Yates and chief operating officer Eileen Hoggett resigned from ...

ASIC cannot afford to stand still: Longo

VINNY VUCAGO  |  MONDAY, 1 JUN 2026
Outgoing ASIC chair Joe Longo has used his final appearance before the Parliamentary Joint Committee on Corporations and Financial Services to defend the regulator's enforcement record while warning that funding constraints and rapid technological change ...

KPMG chief resigns after firm admits whistleblower probe fell short

RIDDHIMA TALWANI  |  MONDAY, 1 JUN 2026
KPMG Australia has admitted its treatment of a whistleblower and investigation into their allegations fell short of the firm's expectations, those of the whistleblower and the broader community. The whistleblower had raised two matters on client documents ...

Future Fund chief says staff departure not at 'worrying level'

RIDDHIMA TALWANI  |  FRIDAY, 29 MAY 2026
Future Fund chief executive Raphael Arndt said the current turnover running rate of around 6% in the senior investment team has not reached a "worrying level". Arndt was speaking at a Senate Estimates Committee hearing yesterday about the rise in turnover ...

AFCA puts InterPrac determinations on ice

KARREN VERGARA  |  FRIDAY, 29 MAY 2026
... approach is "intended to reduce unnecessary complexity and potential stress for impacted consumers, while also ensuring investigation and assessment work continues so complaints are ready to move forward efficiently once court proceedings have concluded." ...

Rodney Forrest re-sentenced for $3m insider trading

ELIZA BAVIN  |  MONDAY, 25 MAY 2026
... prosecuted by the Office of the Director of Public Prosecutions (Cth) (CDPP), following a referral and six-month investigation from ASIC. In August 2024, Forrest secretly accessed the computer of the chair of Regal Partners without permission and photographed ...

Financial services failing to provide consistent outcomes: AFCA

MATTHEW WAI  |  FRIDAY, 22 MAY 2026
... consequences where systems were not sufficiently responsive to individual circumstances." Based on the ombudsman's investigation, these matters occured during individual interactions, but actions conducted by the firms were "not consistently" adjusted ...

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

ELIZA BAVIN  |  THURSDAY, 21 MAY 2026
... been repaid to thousands of investors through ASIC's work to date. We currently have more than 26 matters under investigation or before the Federal Court and we expect further action to follow." Following ASIC launching its initial proceedings against ...

Former adviser jailed over $2m SMSF investment scheme

VINNY VUCAGO  |  WEDNESDAY, 13 MAY 2026
... SMSF's. The matter was prosecuted by the Office of the Commonwealth Director of Public Prosecutions following an ASIC investigation and referral. As a result of the convictions, Arandez is automatically disqualified from managing corporations for five ...
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