by Maja Garaca Djurdjevic | Feb 22, 2019 | News
Australian Securities and Investments Commission, ASIC, said this week it has finalised its monitoring of HSBC Bank Australia Limited’s (HSBC) compliance with the court enforceable undertaking (EU) after almost three years. ASIC revealed that during the investigation...
by Maja Garaca Djurdjevic | Feb 22, 2019 | News
From 1 July 2019, small businesses with complaints about loans under $5 million, going back to 1 January 2008 and who haven’t had their case heard by the Financial Ombudsman Service or a court, will have one year to apply to AFCA to review their case.This change means...
by Maja Garaca Djurdjevic | Feb 22, 2019 | News
As an employee of Finkelstein Hickmott, between May 2016 and July 2017, Shane Read lodged 21 of his clients’ income tax returns without authorisation, and accessed four of his clients’ credit account balances resulting in the wrongful payment of tax...
by Maja Garaca Djurdjevic | Feb 21, 2019 | News
ASIC’s enforcement teams are undertaking investigations into 12 matters that were case studies before the royal commission and are assessing another 16 case studies to determine whether investigations should be commenced, the regulator said in response to the royal...
by Maja Garaca Djurdjevic | Feb 20, 2019 | News
ASIC has accepted a court enforceable undertaking (EU) from Gold Coast-based accountant, Jenan Oslem Thorne of Saber Superannuation Pty Ltd after it found she had prioritised her interests above that of her clients. The undertaking prevents Mrs Thorne (also known as...
