Search Results | Showing 101 - 110 of 2644 results for %22ASIC Act%22 |
| | | ... was done to build that system; the responsiveness; we've been able to maintain confidence in the [system]," he told the ASIC Annual Forum this morning. While the major banks are raking in massive profits from a higher interest rate environment, many ... |
| | | | ASIC has banned former Magnolia Capital Group director Mitchel Atkins from managing corporations and providing financial services. Atkins was a director of Magnolia Capital, which went bankrupt in 2022, owing unsecured creditors millions of dollars. ... |
| | | | ... interest rates amid many challenges that looks to keep inflation at stubborn levels over the next two years. Speaking at the ASIC Annual Forum in Melbourne this morning, Bullock hailed monetary policy as a necessary yet "blunt tool" that stings the cash ... |
| | | | ... some $255 million expended on the failed project that kickstarted as far back as 2015. The Reserve Bank of Australia and ASIC were also forced to act amid concerns over ASX's ineptitude to deliver on the transformation by appointing Alan Cameron ... |
| | | | ... changes to two categories, AFCA lead ombudsman Shail Singh told the Member Forum this morning. Chapter 7 of the Corporations Act looks at whether an investor is retail or non-retail. "For non-retail investors, there are two categories - wholesale and ... |
| | | | ... areas. Its performance began tanking in 2019, losing as much as 34.2% in value. In the year to March 2020, it lost about 76%. ASIC dropped its Federal Court case against DASS, which saw the latter pay $7.2 million in penalties and $1 million in legal ... |
| | | | ASIC has announced plans for strong, targeted enforcement action in the superannuation sector, focusing on member outcomes in 2024. Baring its teeth in an enforcement and regulatory update released today, the corporate regulator signalled that tackling ... |
| | | | ... former financial adviser who was jailed for breaching COVID-19 border restrictions to attend the AFL Grand Final had his ASIC banning order reduced. Mark Babbage, who was an authorised representative of Wealthsure and Capstone Financial Planning, will ... |
| | | | ... underprepared for cybersecurity breaches particularly when it comes to managing third-party providers, a new report from ASIC finds. Wealth managers across the spectrum have a long way to go to prove that they are cyber resilient and actively protect ... |
| | | | HESTA has come under fire, with ASIC issuing three infringement notices against the fund for purportedly publishing false or misleading performance figures about one of its investment options. The industry fund subsequently incurred a $48,600 fine for ... |
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