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Showing 61 - 70 of 953 results for "Commissioner"

Performance test comms criticised

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
... union representative body, so our concerns were communicated more generally throughout the industry," ASIC said. ASIC commissioner Danielle Press said the performance test supports transparency of product performance for members so they can make more ...

ASIC helps issuers avoid greenwashing

CASSANDRA BALDINI  |  TUESDAY, 14 JUN 2022
... and efficient market outcomes here. Misdirected investment here will inevitably be at great economic cost." ASIC commissioner Sean Hughes added the area remains a primary focus. "ASIC is continuing to monitor the market and will be looking for misleading ...

Calls for Indigenous super beneficiary changes renewed

ANDREW MCKEAN  |  MONDAY, 30 MAY 2022
... their death. Scheerlinck said: "In 2019 Treasury held a consultation on this issue, which was also identified by Commissioner Hayne during the Royal Commission. There have been no developments here and we will lobby the new government to reprioritise ...

Modern Slavery Act needs strengthening: Panel

RACHEL ALEMBAKIS  |  THURSDAY, 14 APR 2022
... into the US because of instances of modern slavery in their manufacture. Carlsson said that a federal Anti-Slavery Commissioner is a "good first step." New South Wales has brought in an independent Anti-Slavery Commissioner for its version of the modern ...

Government welcomes ATO family trust guidance

CHLOE WALKER  |  TUESDAY, 12 APR 2022
... process. Sukkar also highlighted the significant decision handed down on April 6 by the High Court of Australia in Commissioner of Taxation v Carter. "The decision concerned the effect, under tax law, of a beneficiary 'disclaiming' a distribution from ...

ASIC pushes super governance improvements

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 APR 2022
... "Appropriate governance is integral to maintaining consumer trust and confidence in the superannuation industry," ASIC commissioner Danielle Press said. "This is not something you can set and forget. Trustees must have conflict management arrangements ...

Greater independence for TPB

ELIZABETH MCARTHUR  |  MONDAY, 28 MAR 2022
... in the regulation of tax practitioners," assistant treasurer Michael Sukkar said. "The government has secured the Commissioner of Taxation's agreement to delegate the power to appoint the TPB's chief executive to the TPB chair. This means decisions about ...

WTW adds cybersecurity consultant

JAMIE WILLIAMSON  |  WEDNESDAY, 23 MAR 2022
... that can provide real value to clients." The expanding of the team comes as the Office of the Australian Information Commissioner said it received 464 data breach notification in the second half of 2021, with many committed against major organisations. ...

Regulators fret over hobby traders

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 MAR 2022
... mis-labelling and misleading disclosure - all of which have the potential to undermine confidence and stability," ASIC commissioner Sean Hughes said. "The Retail Market Conduct Task Force has provided a timely opportunity to compare our experiences with ...

ASIC issues warning to finfluencers

JAMIE WILLIAMSON  |  MONDAY, 21 MAR 2022
... that influencers who discuss financial products and services online comply with the financial services laws," ASIC commissioner Cathie Armour said. "If they don't, they risk substantial penalties and put investors at risk." Research undertaken by ...