The corporate regulator has cancelled the licence of a Perth-based financial services business, citing its oversight of key companies of fizzled fundraising outfit Mayfair 101.
The cancelling of Quattro Capital Group’s Australian financial services licence (AFSL) was doubled down with its sole director, Grant Gibson, also copping an eight-year ban on controlling a financial services entity.
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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
