INVESTIGATION

Financial planning

Compliance firm Cowell Clarke has shared information on how licensees should investigate a possible reportable situation at their firm and when to tell the regulator....

Funds management

Macquarie Group Limited has confirmed that German authorities dealing with a 2011 short-selling issue have designated as suspects around 60 of the company’s current and f...

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Financial planning

The authority has increased the bank’s capital requirement to $1 billion and will focus on directors and senior managers that breached the Banking Act in relation to the ...

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Funds management

The fund is being investigated by the Australian Securities and Investments Commission for an undisclosed issue, according to its responsible entity, Equity Trustees....

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Financial planning

The Australian Securities and Investments Commission is seeking court backing to force law firm Clayton Utz to produce documents at the heart of fee for no service allega...

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Policy & Regulation

The competition regulator said it expects the Commonwealth Director of Public Prosecutions to lay criminal cartel charges against ANZ and the bank’s group treasurer Rick ...

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Financial planning

The Australian Securities and Investments Commission has admitted it does not have enough information to know about inappropriate payments attaching to direct life sales....

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Financial planning

A senior Australian Securities and Investments Commission executive has confirmed the likelihood of the regulator examining financial advice provided by industry funds, b...

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Financial planning

The Australian Securities and Investments Commission has admitted it has never specifically investigated advice provided by industry superannuation funds....

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Financial planning

The Australian Securities and Investments Commission has sought final orders in continued Federal Court proceedings against companies associated with binary trading....

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Financial planning

An ASIC review of allegations against IOOF has substantially cleared it on insider trading allegations but has imposed a comprehensive review by an external compliance co...

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Policy & Regulation

Litigation funders have backed moves to pursue legal action against failed stockbroking firm, BBY....

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Financial planning

The corporate regulator has ordered people under investigation to pay its investigation costs and expenses if they are convicted of the offence, or face a penalty....

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MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 months 1 week ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 1 week ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 1 week ago

A Sydney-based financial adviser has been banned from providing financial services in the interest of consumer protection after failing to act on conduct concerns. ...

3 weeks 3 days ago

ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator....

3 weeks 1 day ago

Having divested its advice business in August, AMP is undergoing restructuring in at least four other departments amid a cost simplification program....

2 weeks 5 days ago