VOFF

Financial planning

The Victims of Financial Fraud has said it was “angry” with ASIC chair, James Shipton’s, handling of the Trio Capital scandal as while he had submerged “his own head in t...

Policy & Regulation

ASIC refuses to reveal its methods

High risk hedge funds are still under scrutiny by the Australian Securities and Investments Commission but the regulator is refusing to reveal how it is going about its b...

Policy & Regulation

Hume criticised for APRA defence

The organisation representing victims of the Trio Capital collapse of criticised the Assistant Minister for Financial Services, Senator Jane Hume, for suggesting the Aust...

Financial planning

VOFF accuses Labor of “politicising a crime” in Trio fraud

Aussie politicians make “politicised and dishonest decisions about ‘fraud’” despite having no law enforcement of forensic investigation skills, Victims of Financial Fraud...

Financial planning

VOFF calls for action against Trio director

Victims of Financial Fraud has called on ASIC to request that the Guernsey Financial Authorities question former director of a Trio Capital fund, Carl Meerveld....

Policy & Regulation

New calls for last resort compensation scheme

Rather than increasing funding to the regulators the Government should be pursuing a last resort compensation scheme, according to the Victims of Financial Fraud group....

Financial planning

VOFF letter added to Coalition’s woes

Victims of Financial Fraud has written to Treasurer Josh Frydenberg to remind him how vehemently the party objected to holding a Banking Royal Commission. ...

Financial planning

Politicians should push for Trio compensation: VOFF

Victims of Financial Fraud has again called for redress for Trio fraud victims, adding demands that parliamentarians push for compensation for those who lost out from oth...

Features

Who will guard the guards?

The Australian Securities and Investments Commission has been the frequent subject of demands for greater scrutiny of the regulators themselves. As Hannah Wootton writes,...

Financial planning

VOFF accuses ASIC of uneven pursuit of justice

Victims of Financial Fraud has accused the Australian Securities and Investments Commission of failing to investigate some financial crimes and then being uneven in its p...

Financial planning

VOFF alleges that ASIC gave criminal an AFSL

Victims of Financial Fraud has alleged that the Australian Securities and Investments Commission failed to acknowledge that it allowed known criminals into the financial ...

Policy & Regulation

VOFF alleges ASIC is driven by self-interest

Victims of Financial Fraud have again hit out against the Australian Securities and Investments Commission, this time alleging the regulator looks after itself before “or...

Financial planning

VOFF demands Royal Commission recall Medcraft from France

Victims of Financial Fraud has called for Greg Medcraft be recalled from overseas to front the Royal Commission, saying that ASIC “pursue[d] family-owned advisory firms t...

Superannuation

VOFF questions APRA’s protection powers

Victims of Financial Fraud has alleged that the Australian Prudential Regulatory Authority cannot fully protect the public’s superannuation savings, building on previous ...

Financial planning

VOFF demands accountability from regulators

Following the evidence of extensive misconduct put before the Royal Commission last week, Victims of Financial Fraud is again asking who watches the watchdog that is mean...