A former Macquarie Bank financial adviser previously banned for life from providing financial services has been hit with criminal charges.
The Federal Government has committed $147 million to develop a new watchdog tasked with investigating criminal conduct in the public sector, giving the agency more power than a Royal Commission.
A former general manager of Sigma Healthcare is facing up to twenty years in prison after being charged with two counts of insider trading.
A judge has given the greenlight to AUSTRAC’s $1.3 billion penalty against Westpac over the bank’s 23 million breaches of money laundering and counter-terrorism laws, the biggest regulatory fine ever paid by an Australian company.
The Australian unit of French investment bank Société Générale must pay a $30,000 penalty after pleading guilty to four counts of breaching client money handling rules.
Former celebrity advisor and banking royal commission witness Sam Henderson has avoided jail time and been fined $10,000 after pleading guilty to dishonesty and defective disclosure offences for falsely telling clients he had completed a Master of Commerce degree.
Crown Resorts is the target of an investigation by AUSTRAC’s enforcement team in connection with its dealings with high-risk customers at its Melbourne casino.
Former Leighton Holdings chief financial officer Peter Gregg has won his appeal of convictions last year over an alleged sham contract with a steel supplier, with an appeals court on Wednesday saying there had been a “substantial miscarriage of justice”.
A judge has fined Ardent Leisure $3.6 million after the operator of the Dreamworld theme park pleaded guilty to three charges stemming from the 2016 deaths of four people on the park’s now demolished Thunder River Rapids ride.
A former Maple Brown Abbott analyst has been sentenced to three years after pleading guilty to insider trading and communicating inside information in relation to $1.6 million in shares of collapsed video company Big Un.