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Showing 111 - 120 of 906 results for "Deputy Chair"

New APRA chair named

JAMIE WILLIAMSON  |  FRIDAY, 28 OCT 2022
John Lonsdale will take over as chair of APRA, with Margaret Cole now a deputy chair. Lonsdale will take on the role from Monday, October 31. He has served as a deputy chair since 2018. He said that "APRA will remain focused on fulfilling its mandate ...

ASIC takes first action over greenwashing

ANDREW MCKEAN  |  THURSDAY, 27 OCT 2022
... not have a reasonable basis to make the representations, or that the representations were factually incorrect. ASIC deputy chair Sarah Court said: "As entities promote sustainability and green practices as part of their value proposition, they must ensure ...

ANZ told to pay $25m for 20-year failure

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2022
... institutions that they must invest in their systems to ensure consumers are not adversely affected or harmed," ASIC deputy chair Sarah Court said. Seven cases remain in front of the courts, including those against ACBF Funeral Plans and Youpla Group ...

ASIC appeals CFS, CBA decision

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2022
... decision because we are concerned that it will limit the operation of conflicted remuneration laws introduced in 2012," deputy chair Sarah Court said. "Conflicted remuneration has the potential to cause significant consumer harm because it can prevent ...

CommSec, AUSIEX to pay $27m penalty

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
... nine-year period. CommSec's failures also resulted in millions of dollars being overcharged to customers," ASIC deputy chair Sarah Court said. "When market participants fail to comply with the Market Integrity Rules, they undermine the integrity ...

ASIC sues BPS Financial over crypto claims

CASSANDRA BALDINI  |  TUESDAY, 25 OCT 2022
... and or approved in Australia and both the Qoin Facility and BPS were compliant with financial services laws. ASIC deputy chair Sarah Court said: "We allege that, despite what BPS represented in its marketing, Qoin merchant numbers have been declining ...

Magellan targets $100bn in five years

JAMIE WILLIAMSON  |  THURSDAY, 20 OCT 2022
... the former chief investment officer of equities at First Sentier Investors as Magellan Asset Management's new deputy chair. David Dixon will take on the position, effective November 1, with the fund manager saying it intends to appoint Dixon to the ...

James Mawhinney sues ASIC, deputy chair

JAMIE WILLIAMSON  |  TUESDAY, 18 OCT 2022
The Mayfair 101 managing director is claiming he was defamed by the regulator and deputy chair Sarah Court in a recent press release. Mawhinney has filed defamation proceedings against ASIC and Court in the Federal Court over information included in ...

AFSL boss banned by ASIC

CASSANDRA BALDINI  |  TUESDAY, 11 OCT 2022
... These determinations directed those entities to pay consumers a total amount of approximately $2.5 million. ASIC deputy chair Sarah Court said directors of AFS licensees must ensure that their firms comply with AFCA determinations. "This is a fundamental ...

Court dismisses Mayfair 101 appeal

JAMIE WILLIAMSON  |  TUESDAY, 11 OCT 2022
... represented that their products were of a similar risk profile to bank term deposits, when that was not the case," ASIC deputy chair Sarah Court said. "The decision to uphold the original findings of the Federal Court, and ASIC's case that the Mayfair ...