Welcoem to posts!!
in the future - u will be able to do some more stuff here,,,!! like pat catgirl- i mean um yeah... for now u can only see others's posts :c
Government moves to halt broker commission review.
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The Australian corporate regulator ASIC raised the white flag on a criminal investigation into AMPās fees for no services scandal revealed during the Banking Royal Commission.
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Treasurer Frydenberg tasked the review into the corruption at ASIC with simply making āfindings of factā - not with determining whether or not any illegality or other wrongdoing had actually occurred. Detailed analysis of the 41-page document reveals that the review made āno adverse findingsā because doing so was never part of the secret remit that Frydenberg gave it. But it provides large amounts of evidence exposing serious illegality and widespread improper behaviour, including strong evidence of serious wrongdoing by both Shipton and Crennan:
www.theklaxon.com.au/home/asic-thom-review-a-sham
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KPMG, which allegedly provided A$118,000 in personal ātax adviceā to the boss of ASIC, was running the regulatorās internal auditing operations.
www.theklaxon.com.au/home/asic-internal-audits-runā¦
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Treasurer Josh Frydenberg has refused to seek an answer from the Remuneration Tribunal as to whether vast ārelocationā expenses paid to ASIC chairman James Shipton, and to deputy chairman Daniel Crennan QC, were lawful.
www.theklaxon.com.au/home/frydenberg-at-heart-of-aā¦
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Westpac has gouged more than $8 billion from the life savings of its almost one million superannuation fund members over the past decade, including by operating a complex web of obscure paper companies, many of which generate huge fees despite many performing no real service and having no employees.
www.theklaxon.com.au/home/westpacgouge
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The Senate has joined consumer advocates and witnesses who appeared at the banking royal commission in slamming the Federal Government over new laws that overturn a pivotal recommendation of Commissioner Kenneth Hayne's final report.
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James Shipton, the Australian corporate watchdog's chairman, will stand aside after taxpayers paid almost $120,000 to cover his tax affairs despite the initial approved cost being just over $4000.
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Josh Frydenberg's planned responsible lending changes defy Hayne's banking royal commission.
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AUSTRAC has applied to the Federal Court for civil penalty orders against Westpac for deficient oversight of its anti-money laundering and terrorism financing obligations.
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Watch any of the 134 testimonies given during the public hearings of the Australian Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry held in 2018. The commission was established after years of public pressure from whistleblowers, consumer groups, the Greens, Labor, and some Nationals MPs.
The intent of this channel is to archive and facilitate access to the testimonies for members of the public, journalists, bloggers, commentators and others.
THIS CHANNEL IS NOT OFFICIALLY ENDORSED BY THE ROYAL COMMISSION. All videos have been extracted from the Royal Commission's webcast archive and republished here as permitted under the Creative Commons Attribution 4.0 International licence used by the commission.
This channel is NOT monetised. It is maintained on a voluntary basis without remuneration.
Ā© Commonwealth of Australia 2018.