An internal review has so far cleared Steadfast Group (ASX:SDF) of misconduct relating to commissions between strata managers and brokers, according to a Tuesday filing with the Australian bourse.

The review is in response to the Australian Broadcasting Corporation's concerns over a potential conflict of interest in transactions in which Steadfast brokers allegedly channeled incentives to certain related entities. The national broadcaster also flagged the company's alleged deliberate "actions or inactions" relating to non-compliance with regulatory obligations.

In its findings, independent insurance expert John Trowbridge wrote: "I believe that there are no conflicts of interest for any of the six Steadfast brokers either upstream (to underwriting agencies) or sideways (to other brokers)."

The internal review is ongoing.

Steadfast Group's shares were up nearly 3% in recent Tuesday trade.

Price (AUD): $6.03, Change: $+0.16, Percent Change: +2.64%