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Showing 151 - 160 of 1075 results for "Commissioner"

Modern slavery on the rise a decade on from Rana Plaza

RACHEL ALEMBAKIS  |  FRIDAY, 21 APR 2023
... stronger stipulations. Broadly, three new stipulations have been recommended: the introduction of a federal Anti-Slavery Commissioner, mandatory due diligence reporting, and financial penalties for companies that do not adequately disclose and manage ...

ASIC warns super funds on member communication failure

KARREN VERGARA  |  WEDNESDAY, 12 APR 2023
... Super), EISS Super (Pool A), SCS Super (Australian Catholic Superannuation and Retirement Fund LifetimeOne). ASIC commissioner Danielle Press warned trustees that fail the performance test need to get the balance right in their communications and "need ...

Regulators prioritise emerging areas of risk

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... Conference of Major Superannuation Funds (CMSF) in Melbourne, APRA general manager superannuation Katrina Ellis, ASIC Commissioner Danielle Press and Australian Tax Office (ATO) deputy commissioner Emma Rosenzweig shared a few areas of focus. Rosenzweig ...

Don't wait for QAR: Press

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
ASIC commissioner Danielle Press pointed out at the Conference of Major Super Funds that retirement products need to be improved and waiting for the Quality of Advice Review (QAR) is not the best strategy. "I think the product piece is important here ...

Dodgy advice bill nears $5bn: ASIC

CASSANDRA BALDINI  |  FRIDAY, 10 MAR 2023
... customers, we will continue to monitor institutions' processes to complete ongoing work in this area," said ASIC commissioner Danielle Press. ASIC said it conducted the two reviews to investigate the extent of failure by the institutions to deliver ongoing ...

QAR does not "trash" FoFA: Anderson

CASSANDRA BALDINI  |  TUESDAY, 7 MAR 2023
... then explained the removal of Safe Harbour is a "key" part of the recommendation and something also suggested by Commissioner Hayne. "In December 2019, the ASIC Report 639 on advice provided by superannuation funds, found less than 50% of the files were ...

ART appoints new board, investment committee members

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
... globally and in Australia. Former agent-general for Queensland in the UK and Northern Island Trade and investment commissioner for Queensland in Europe and Sub-Sahara Africa Linda Apelt has been appointed as a director of the ART board. Apelt is currently ...

Regulators sound alarm on cybersecurity, fraud in super

ANDREW MCKEAN  |  FRIDAY, 24 FEB 2023
... will be prepared for an iteration of the performance test for choice products in 2023, Ellis adds. Meanwhile, ASIC commissioner Danielle Press similarly emphasised the need for stronger cybersecurity measures in the financial services sector. "The area ...

ASIC dodges PGPA investigation questioning

CASSANDRA BALDINI  |  THURSDAY, 16 FEB 2023
... was confirmed after an effort to cover up the inquiry was attempted by ASIC's legal team. "An inquiry into a Commissioner of the corporate regulator must not be hidden. Australia's corporate cop must have clean hands on transparency. It must ...

Productivity Commission kicks off philanthropy review

CHLOE WALKER  |  MONDAY, 13 FEB 2023
... not-for-profit and business sectors and the general public. Alex Robson is deputy chair of the review, while Julia Abramson is commissioner. The government has also now appointed former Industry Fellow at the Centre for Social Impact at Swinburne University ...