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Showing 1 - 4 of 4 results for "Namely ASIC"

Frydenberg slams financial sector greed

KARREN VERGARA  |  FRIDAY, 28 SEP 2018
... and policies, coupled with deficiencies in governance and risk management. He went on to criticise the regulators, namely ASIC for seeking "negotiated outcomes" instead of pursuing litigation or forcing entities to face the courts. This strategy saw ...

ASIC permanently bans dishonest adviser

KERRIE SYDEE  |  MONDAY, 31 OCT 2016
... authorised, provided unlicensed and unauthorised financial advice and engaged in conduct that was likely to mislead. Namely ASIC found that Howard had failed to comply with the Corporations Act in that he used more than $1.8 million of client funds for ...

ASIC cancels AFSL of liquidated firm

KERRIE SYDEE  |  WEDNESDAY, 29 JUN 2016
... after ASIC identified concerns regarding the firm's ability to effectively carry out its supervisory requirements. Namely ASIC's surveillance raised concerns about Avamode's ability to: ensure financial services were provided efficiently, honestly and ...

ASIC accepts EU of former adviser

KERRIE SYDEE  |  WEDNESDAY, 18 MAY 2016
... 2015, did not meet the standards required of a financial adviser and failed to comply with financial services laws. Namely ASIC found that Melamed had failed to conduct a needs analysis to ensure the amount of insurance cover sought was in his clients' ...
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