The joint operation involved a loan granted by a listed company to a related party and payments purportedly made to suppliers that instead went to related parties.
July 6, 2022Reviews underway cover concentration risk in OTC derivatives markets, risk management at futures brokers, and block trading practices.
June 30, 2022The FMA will perform audit quality reviews every two years for the big 4 audit firms and once every three years for the other registered audit firms.
June 22, 2022The SEC is reportedly investigating whether disclosures made to clients accurately described the investment practices used by two Goldman funds.
June 15, 2022Credit Suisse was added to the FCA's watchlist due to concerns that it was not doing enough to improve its culture, governance and risk controls.
June 15, 2022Fund houses are required to defer a portion of executive bonus payments. Senior staff are directed to invest their bonuses in financial products issued by their companies.
June 14, 2022Increased regulatory scrutiny of CFDs highlights the need for a renewed focus on financial literacy and investor education, says Emma Parry.
June 14, 2022The amendments relate to SFO provisions on remedial orders, insider dealing, and advertising of investment products.
June 13, 2022ASIC can issue a warning or reprimand to a financial adviser in circumstances where it does not plan to take stronger enforcement action.
June 13, 2022Forms of misconduct which have been present for hundreds of years are playing out in new digital asset classes, including crypto assets and NFTs.
June 9, 2022