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Showing 71 - 80 of 953 results for "Commissioner"

ASIC to strengthen market integrity rules

KARREN VERGARA  |  FRIDAY, 11 MAR 2022
... exchange for physical orders is due to be removed. Some of the amendments will take place as early as June 10. ASIC commissioner Cathie Armour said: "As we have seen in the past, such as with the November 2020 ASX outage, failures in these areas can ...

Consumer advocates criticise advice review

ELIZABETH MCARTHUR  |  THURSDAY, 3 FEB 2022
The Consumer Action Law Centre has concerns that the Quality of Advice Review draft terms of references forget Commissioner Hayne's findings on conflicted remuneration. In the centre's submission on the review's draft terms of references, it argued ...

ASIC bolsters leadership

JAMIE WILLIAMSON  |  TUESDAY, 14 DEC 2021
... appointed several regional commissioners to work with local stakeholders. Mark Adams has been appointed regional commissioner for New South Wales, John Wallace will take care of Victoria and Rhian Richards has been named Western Australia's commissioner. ...

FIRB reappoints Irvine as chair

CHLOE WALKER  |  TUESDAY, 14 DEC 2021
... the Foreign Investment Review Board (FIRB) for a further two-year period. The former ambassador to China and high commissioner to Papua New Guinea was first appointed to the FIRB as a member in 2015 and subsequently appointed chair in 2017. Irvine has ...

Intergenerational transfer hits $1.5tn

KARREN VERGARA  |  TUESDAY, 7 DEC 2021
... purchase a house, and received about $8000 (again, the median was much lower, at about $1000)," the report read. Commissioner Catherine de Fontenay said wealthier people receive more inheritances and gifts on a dollar-for-dollar basis but less as a percentage ...

ASIC sets out limited advice expectations

KARREN VERGARA  |  THURSDAY, 2 DEC 2021
... difference is that INFO 267 sets out more details about complying with the best interests duty and other rules. ASIC commissioner Danielle Press said: "ASIC recognises that many consumers prefer to seek limited and specific advice rather than comprehensive ...

New members on Markets Disciplinary Panel

JAMIE WILLIAMSON  |  THURSDAY, 2 DEC 2021
... will ensure that the MDP will continue to have the expertise, experience and diversity to perform that role," ASIC commissioner Cathie Armour said. "ASIC welcomes the new appointees and thanks the retiring members for their service and valuable contributions ...

Complaints filed against ASIC lawyers

JAMIE WILLIAMSON  |  FRIDAY, 19 NOV 2021
... proceedings. Mawhinney has filed complaints with the Legal Services Commission, the Office of the Legal Services Commissioner and the Legal Services Board and is seeking a formal apology and disciplinary action. According to Mawhinney's lawyers, ASIC's ...

ASIC reviews super calculators

KARREN VERGARA  |  FRIDAY, 19 NOV 2021
... proposing greater flexibility to trustees to tailor forecasts based on their members' investment strategies. ASIC commissioner Danielle Press said superannuation calculators and retirement estimates can help consumers think ahead about what role ...

ASIC issues warning to finfluencer sponsors

KARREN VERGARA  |  WEDNESDAY, 10 NOV 2021
... that pay finfluencers to advertise products and services about potential breaches of financial advice laws. ASIC commissioner Cathie Armour said some listed companies are flocking to finfluencers for a fast and effective way to promote investment products ...