by admin | Feb 28, 2020 | News & Analysis
ASIC this month laid four charges against Mr Palmer for dishonestly gaining an advantage and dishonestly using his position as the director of a corporation. Charges relate to allegations taking place in 2013...
by admin | Feb 28, 2020 | News & Analysis
Horizon Oil has fired chief executive Michael Sheridan as an investigation continues into an alleged $15 million bribery scandal in Papua New Guinea. An independent committee is investigating the alleged 2011 payment to secure a petroleum license....
by admin | Feb 27, 2020 | News & Analysis
ASIC has revealed a 52% increase in enforcement investigations, involving Australia’s largest financial institutions. The investigations related to directors’ and officers’ breaches, insider trading and market manipulation, auditor and liquidator...
by admin | Feb 26, 2020 | News & Analysis
ASIC cancels the AFS licence of ‘Financial Options Pty Ltd’ and permanently bans its adviser Mr. William John Henry Houwing. ASIC found that the company failed to meet its licence requirements and that Mr. Houwing arranged for his clients to lend money to its related...
by admin | Feb 25, 2020 | News & Analysis
ASIC is investigating the executives of collapsed ASX-listed tech company ‘Big Un’ Limited after a former fund manager pleaded guilty to insider trading in the stock....
