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Showing 111 - 120 of 563 results for "Joe"

Federal Court quashes ANZ appeal

KARREN VERGARA  |  THURSDAY, 3 OCT 2024
... appealed to the Federal Court's ruling two months later. Commenting on ANZ's appeal being quashed on October 2, ASIC chair Joe Longo said: "ASIC will always defend the integrity of Australia's markets. This is an important case that confirms how critical ...

ASIC slaps Macquarie with record $5m fine

KARREN VERGARA  |  WEDNESDAY, 25 SEP 2024
... accountability for its conduct. Macquarie's inertia was a large factor in ASIC determining the size of the penalty. ASIC chair Joe Longo said: "The record penalty imposed by the MDP reflects the serious, prolonged, and potential systemic failures by ...

Lack of talent challenging DDO compliance

JAMIE WILLIAMSON  |  MONDAY, 23 SEP 2024
... product continues to be suitable for them, whether they continue to fall within the target market. More recently, ASIC chair Joe Longo, while on stage at the Australian Compliance Institute Annual Conference, conceded that the workload for compliance ...

ASIC locks eyes on super industry

ELIZA BAVIN  |  THURSDAY, 22 AUG 2024
... private markets and emerging financial products will form a new pillar of ASIC's expanded strategic priorities. ASIC chair Joe Longo said the agency's corporate plan included a new pillar in its strategic priorities that underscored a commitment to strengthening ...

ASX sued by ASIC for alleged misleading statements

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
... integrity of our markets. We believe this was a collective failure by the ASX board and senior executives at the time," ASIC chair Joe Longo said. "Companies and market participants rely on what the ASX says about its operations to make their own decisions ...

State Street names president of investment services

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
State Street has announced Joerg Ambrosius, executive vice president and chief commercial officer, has been appointed president of Investment Services, State Street's largest business. Ambrosius brings more than 30 years of financial services experience ...

Former wealth management chief ousted from financial services

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
The founder and former chief executive of wealth management firm United Global Capital, Joel Hewish, has been slapped with a 10-year ban from providing financial services. Hewish, who is also prohibited from holding any role within a financial services ...

IPO conversations 'sparking interest': Barrenjoey

ANDREW MCKEAN  |  FRIDAY, 26 JUL 2024
... in two weeks. It's longer here. We should examine that and things we can change and do better. That would help." ASIC chair Joe Longo said the regulator is very engaged with market participants, including the ASX, hedge funds, key players, and banks. ...

ASIC to launch new criminal investigation team

ELIZA BAVIN  |  WEDNESDAY, 24 JUL 2024
... evolves, we will expand our market cleanliness work to capture private markets and products in the coming year," ASIC chair Joe Longo said. While the financial regulator said Australia's equity markets continue to operate with a high level on integrity ...

Investors brace for turbulence as Biden backs out

ELIZA BAVIN  |  TUESDAY, 23 JUL 2024
Investors are preparing for some market turbulence in the US after President Joe Biden pulled out of the race for President against Donald Trump. American Century chief investment officer Rich Weiss said Biden's decision to withdraw as the Democratic ...