The following are articles relevant to the Professional Investigator. Click on the title to make a comment or join the conversation.
ASIC turns up the heat on enforcement – 27 February 2020
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 breaches and breaches of licensing obligations,.
https://www.financialstandard.com.au/news/asic-turns-up-the-heat-on-enforcement-154973861
Australian Watchdog ASIC Cancels AFS Licence of Financial Options – 26 February 2020
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 entities.
https://atozmarkets.com/news/asic-cancels-afs-licence-financial-options/
Ex-fund manager pleads guilty over Big Un insider trading – 25 February 2020
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.
EFTPOS reveals new push into digital identity – 24 February 2020
Due to pressure from the Reserve bank of Australia to control fraud and increase debit functionality ‘EFTPOS” has created a localised digital identity platform that uses biometric functions.
https://www.itnews.com.au/news/eftpos-reveals-new-push-into-digital-identity-538603
