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Showing 171 - 180 of 479 results for "ASIC Commissioner"

RBA, ASIC provide CHESS guidance

ALLY SELBY  |  FRIDAY, 2 OCT 2020
... efficient, resilient, reliable and scalable to meet existing and future needs of the market and participants," ASIC commissioner Cathie Armour said. ASIC and the RBA, as well as the broader Council of Financial Regulators and the ACCC, were closely supervising ...

ASIC, IOSCO report on debt capital raisings

ALLY SELBY  |  THURSDAY, 24 SEP 2020
... essential; as is managing conflicts of interest and insuring information provided to investors is not misleading. ASIC commissioner Cathie Armour recommended that "all licensees should review ASIC's findings and consider whether their controls for the ...

ASIC takes disqualification decision to Federal Court

ALLY SELBY  |  FRIDAY, 11 SEP 2020
... member. "Self-managed superannuation fund auditors play a fundamental role in promoting confidence in the sector," ASIC Commissioner John Price said at the time. "ASIC will continue to take action to ensure auditors adhere to ethical standards," Gilliland ...

ASIC relaxes IPO red tape

ANNABELLE DICKSON  |  THURSDAY, 27 AUG 2020
... voluntary escrow arrangements requested by public companies and pre-prospectus communications to stakeholders. ASIC commissioner Cathie Armour said: "Given the significant costs involved in undertaking an IPO, our new legislative relief will help reduce ...

Super funds slapped over smoker premiums

ALLY SELBY  |  FRIDAY, 7 AUG 2020
... life insurance premiums in the process unless the member took active steps to opt out of this categorisation. ASIC commissioner Danielle Press noted insurance premiums for smokers are notoriously higher for smokers than non-smokers. "Given the low prevalence ...

Pershing convicted for client breaches

ANNABELLE DICKSON  |  THURSDAY, 6 AUG 2020
... it [PSAPL] must understand that the legislative requirements are important and must be adhered to," she said. ASIC Commissioner Cathie Armour welcomed the decision and said the outcome demonstrates how serious client money breaches are. "Client money ...

AustralianSuper PYS fee under scrutiny again

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JUL 2020
... At the Senate Parliamentary Joint Committee, Corporations and Financial Services Senator Andrew Bragg asked ASIC commissioner Danielle Press how ASIC's review into member communication about the fee increase. Bragg said the member communications ...

ASX ups capital raise capacity

ELIZA BAVIN  |  FRIDAY, 24 APR 2020
... the persons the securities were allocated in the placement and the number of securities they were allocated. ASIC commissioner John Price welcomes the additional transparency measures, saying directors should act in the best interest of the company in ...

Former financial adviser permanently banned

HARRISON WORLEY  |  TUESDAY, 7 APR 2020
... his clients about the value of their investment portfolios in an effort to cover up his theft. At the time, ASIC commissioner Danielle Press said: "Clients need to be able to trust their financial advisers, and in this case, Mr Gibbs breached that tr ...

Charterhill founder incarcerated

ALLY SELBY  |  MONDAY, 6 APR 2020
... arguing he had significantly impacted his victims lives in order to fund his lavish lifestyle. Worse still, ASIC commissioner Danielle Press said Nowak had acted deliberately. "Mr Nowak deliberately misled his clients and used their funds for his own ...