FAAA wants auditors in the spotlight over Shield, First Guardian failures
Speaking on a Financial Advice Association Australia (FAAA) webinar on Thursday, chief executive Sarah Abood said she was pleased to see the Australian Securities and Investments Commission’s (ASIC) expansive efforts across the range of sectors involved in the Shield and First Guardian collapses. “There was news on Monday, obviously, that ASIC is taking action against Diversa, which is one of the super platforms that's involved...
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