The Australian Securities and Investments Commission (ASIC) is “generally effective and capable”.
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Niall Coburn
Niall is a senior regulatory intelligence expert, Asia Pacific. He joined Thomson Reuters in 2013 from FTI Consulting, where he was managing director for investigations in Australia. Prior to that, he was was a senior specialist advisory for the Australian Securities & Investments Commission (ASIC) and the director of enforcement for the Dubai Financial Service Authority (DFSA).
Niall is a Barrister of the High Court of Australia and has over twenty years experience in financial markets and international regulation. In 2002, he was awarded an ASIC Australia Day Honour Medal for his work in corporate investigations. He has written a book on corporate investigations published by Thomson Reuters and has been a commentator in the Australian Financial Review and television on financial crime, regulation and compliance.
Posts by Niall Coburn
Compliance and Risk Management Matters: 6 Key Risks Facing Organisations
Compliance and risk management professionals’ responsibilities are expanding. We look at the key compliance risks and how to safeguard your organisation.
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IMPACT ANALYSIS: Star Casino appoints new chairman as AML/CTF breaches escalate before inquiry
The Star Entertainment Group Pty Ltd has announced to the Australian Stock Exchange (ASX) that John O’Neill will assume the role of executive chairman, following the resignation of Matt Bekier.
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IMPACT ANALYSIS: Insurers must review pricing systems after ASIC civil penalty action against IAL
The Australian Securities and Investments Commission (ASIC) has launched civil penalty proceedings in the Federal Court against Insurance Australia Ltd (IAL).
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IMPACT ANALYSIS: Directors of Queensland wealth group, lawyer face criminal insolvent trading charges
The Australian Securities and Investments Commission (ASIC) and the Serious Financial Crime Taskforce (SFCT)) have pressed 72 criminal charges against the directors and legal advisers of Members Alliance and Benchmark Group.
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IMPACT ANALYSIS: NAB’s senior management was aware of compliance failures as bank fined A$18.5 million
The NAB breached the Corporations Act on 2,285 occasions between 2013 and 2019 when charging 1,382 clients more than A$2 million
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Crown Royal Commission submissions raised questions about directors’ duties
The Royal Commission’s most senior lawyer went on to outline how Crown management and its culture had put profit ahead of integrity, regulation and the law.
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IMPACT ANALYSIS: ASIC drops criminal investigation into alleged “fees for no service” conduct by AMP
The Australian Securities and Investments Commission (ASIC) has finalised its criminal investigations into the alleged “fees for no service” conduct by AMP.
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Credit Suisse board knew about cumulative risk weaknesses
The multibillion dollar losses suffered by Credit Suisse following the collapse of Greensill Capital and Archegos Capital may well rank among the most significant risk and compliance failures of the past decade.
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OPINION: Ten things compliance officers in Asia-Pacific must do this year
2020 saw landmark enforcement actions from regulators across Asia-Pacific as financial institutions across the region paid $5.1 billion in fines for anti-money laundering failures.
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