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Showing 91 - 100 of 114 results for "Senate inquiry"

Law firm questions CBA compensation for Nguyen victims

LAURA MILLAN  |  WEDNESDAY, 30 OCT 2013
... inappropriate advice within the bank's financial planning unit given by adviser Don Nguyen. In a submission to the Senate inquiry on the performance of the Australian Securities and Investments Commission (ASIC), the firm expressed its concerns about ...

Problem is weak credit law, not us: ASIC

LAURA MILLAN  |  FRIDAY, 25 OCT 2013
... Commission (ASIC) claimed that it had limited jurisdiction over the credit industry in its final submission to the Senate inquiry. In its final submission, ASIC focused on the reforms to the credit industry and 'low doc' loans and it said that its role ...

ASIC acted only when claims hit "tsunami level"

LAURA MILLAN  |  MONDAY, 21 OCT 2013
... fact that the regulator acted only when the volume of complaints "reached tsunami level." In a submission to the Senate inquiry on ASIC's performance, Anne Lampe, who is a Walkley award winning investigative finance journalist and writer who was employed ...

Senate to question ASIC over alleged RBA corruption

LAURA MILLAN  |  TUESDAY, 1 OCT 2013
The Senate inquiry into the performance of the Australian Securities and Investments Commission (ASIC) will "no doubt" question the regulator over its failure to act on the alleged corruption within subsidiary companies of the Reserve Bank of Australia ...

ASIC, "twin peaks" model faces review

LAURA MILLAN  |  MONDAY, 23 SEP 2013
... the current regulatory model for the financial services industry. Nationals Senator John Williams called for a Senate inquiry into the regulator, which received bipartisan support. At the same time, Treasurer Joe Hockey is expected to undertake a broad ...

Latest Financial Standard issue available on the iPad app

STAFF WRITER  |  MONDAY, 23 SEP 2013
... the latest edition of Financial Standard we look at the Australian Securities and Investments Commission (ASIC) Senate inquiry and see what some industry pundits think of the regulator. We also investigate how baby boomers may be able to make their super ...

AVCAL chief executive resigns

JAMES FERNYHOUGH  |  FRIDAY, 6 SEP 2013
... of private equity within the economy in terms of perceptions." "Very shortly after I came in in 2006 there was a Senate Inquiry which questioned the whole existence of private equity and whether it was a bad thing for the country." She said there were ...

First submissions to ASIC inquiry made public

LAURA MILLAN  |  FRIDAY, 26 JUL 2013
... Senator John Williams told Financial Standard. On June Williams introduced a motion into Parliament asking for a Senate inquiry into ASIC after media reported that it had acted slowly on whistleblower information about cases of misconduct in the financial ...

ASIC highlights higher enforcement rate ahead of Senate inquiry

LAURA MILLAN  |  THURSDAY, 25 JUL 2013
... 371 enforcement actions between January and June 2013, according to an enforcement report released ahead of the Senate inquiry on ASIC's performance. In line with its efforts to demonstrate that it is taking action against those who breach the regulation ...

Storm claim unfair and baseless: CBA

LAURA MILLAN  |  MONDAY, 15 JUL 2013
... slow reaction on investigating cases of misconduct within the Commonwealth Bank financial planning unit prompted a Senate inquiry into ASIC's performance. The inquiry will take a broad look at ASIC's behaviour and it is expected to look into the Storm ...