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Showing 91 - 100 of 131 results for "Medcraft"

ASIC appoints new commissioner

CLAIRE MCGREAL  |  FRIDAY, 23 MAR 2012
... followed consultations with the Ministerial Council for Corporations. ASIC now has five commissioners, including chair Greg Medcraft. It has been responsible for consumer protection in super, insurance and deposit taking since 1998, and consumer credit ...

ASIC calls for detailed disclosure on holdings of super funds

MELANIE TIMBRELL  |  TUESDAY, 20 MAR 2012
ASIC Chair Greg Medcraft has called on all super funds to provide detailed breakdowns of asset allocation in member statements, saying simply reporting major holdings leaves room for cynicism. The rise of the self-managed super fund (SMSF) does not ...

ASIC releases hedge funds guidance

ELISE BURGESS  |  THURSDAY, 23 FEB 2012
... inadequate disclosure has contributed to investors not understanding the risks when purchasing a hedge fund product," Greg Medcraft, Australian Securities and Investment Commission (ASIC) chairman said. "Improved disclosure of the risks associated with ...

Superannuation needs more regulatory resilience: ASIC

MELANIE TIMBRELL  |  MONDAY, 20 FEB 2012
... superannuation has been named the first challenge to growing the resilience of the Australian regulatory perimeter by Greg Medcraft, chairman of ASIC. Speaking at the ASIC Summer School in Sydney this morning, Medcraft said that the shift in savings ...

Astarra auditor banned for three years

ELISE BURGESS  |  FRIDAY, 10 FEB 2012
... of ASIC's priorities is to lift standards in the financial services and professional services industries," said Greg Medcraft ASIC chairman. "ASIC will not hesitate to ensure auditors who fail to discharge their responsibilities appropriately are restricted ...

ASIC continues Trio crackdown

CLAIRE MCGREAL  |  THURSDAY, 2 FEB 2012
... recommended for ARP/PPPST in circumstances where he knew that he had a conflict of interest. According to ASIC chair Greg Medcraft, investment managers were critical gatekeepers in the financial services system and had a duty to ensure confident and ...

ASIC clears up infrastructure rules

ELISE BURGESS  |  TUESDAY, 24 JAN 2012
... complex business and operational characteristics or risks associated with infrastructure entities', said ASIC chairman Greg Medcraft. "Improved investor understanding of the infrastructure sector and effective disclosure of investment risk is particularly ...

Research houses in regulatory spotlight

CLAIRE MCGREAL  |  WEDNESDAY, 16 NOV 2011
... commission wants to know if this can be effectively managed or whether it should be avoided completely. ASIC chair Greg Medcraft said research report providers are significant gatekeepers in the market and should be adhering to high standards of conduct. ...

ASIC: New regulations for responsible entities

ELISE BURGESS  |  TUESDAY, 8 NOV 2011
... resources to meet operating costs and there is appropriate alignment with the interests of investors, said ASIC chairman Greg Medcraft. "As Australia raises its profile as a leading financial centre, increasing minimum responsible entity capital requirements ...

ASIC annual report highlights industry trends

ELISE BURGESS  |  MONDAY, 31 OCT 2011
... that of the previous year, with 245 funds launched in the 2010-2011 year as compared to around 500 from 21009-2010. Greg Medcraft, chairman of ASIC said this was returning around $3.4 million in unclaimed money to 1,198 claimants as part of an active ...