ASIC raises concerns over NSX listingsBY KARREN VERGARA | TUESDAY, 29 AUG 2017 12:39PMThe corporate regulator has raised a number of "concerning trends" in the way some foreign companies are admitted on the National Stock Exchange of Australia (NSX).
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Featured Profile
Fiona Mann
HEAD OF LISTED EQUITIES AND ESG
BRIGHTER SUPER
BRIGHTER SUPER
Brighter Super head of listed equities and ESG Fiona Mann was shaped by a childhood steeped in military-like discipline and global nomadism. Andrew McKean writes.
As a provider of financial lines insurance products that are not only to protect the consumers but are also critical in establishing industry standards necessary to professionalise and encourage the investor market, we are seeing many examples of investment companies not regulated at all. This appears to be a huge black hole firstly in the government administration program. But even when the companies are correctly licensed (and there are many 100's that are not) the requirements regarding sufficient professional indemnity insurance is inadequate with, in my view, little or few guidelines.