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...

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 ...

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....

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...

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 ...

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....

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...

Financial planning

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

Financial planning

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

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...

Policy & Regulation

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

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

So we are now underwriting criminal scams?...

4 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

3 weeks 5 days ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 1 day ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

2 weeks 4 days ago