News and Analysis

The following are articles relevant to the Professional Investigator.   Click on the title to make a comment or join the conversation.

 


 

Inside the Bitcoin-fuelled ‘ICO’ bubble – 1 September 2017

The rise in value of crypto-currencies such as Bitcoin has led to the introduction of a range of rival, imitator currencies across the globe, including in Australia. Companies are now offering ICO’s (initial coin offerings) – essentially the same as an IPO, but with digital tokens on offer, rather than small pieces of business ownership.

http://www.theage.com.au/business/markets/inside-the-bitcoinfuelled-ico-bubble-20170831-gy7sok.html

Matthew Guy: IBAC won’t investigate lobster dinner with alleged mafia boss – 31 August 2017

Victoria’s anti-corruption watchdog has claimed it does not have the power to investigate the now infamous ‘lobster dinner’ that Matthew Guy attended earlier this year. Although Guy referred himself to the IBAC, the information provided does not fall within the Commission’s jurisdiction, and therefore they would struggle to launch an investigation.

http://www.abc.net.au/news/2017-08-31/ibac-will-not-investigate-matthew-guy-over-lobster-dinner/8858424

Commonwealth Bank facing APRA Probe – 28 August 2017

APRA Chairman Wayne Byres has announced a public inquiry into CBAs culture, governance and accountability frameworks. The probe follows the recent allegations that Commonwealth Bank had breached a number of anti-money laundering laws. The inquiry will be undertaken by an independent panel, and is expected to take about six months. 

http://www.theage.com.au/business/banking-and-finance/commonwealth-bank-facing-apra-probe-20170827-gy5ck7.html