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Showing 241 - 250 of 476 results for "ASIC commissioner"

Australia Day honours recognise industry stalwarts

JAMIE WILLIAMSON  |  TUESDAY, 29 JAN 2019
... billion superannuation fund; the managing director of Australia's largest fund administrator; and a former ASIC commissioner. Former Principal Global Investors chair David Hoare was awarded a Companion (AC) in the General Division of the Order of ...

ASIC bans former NAB, CBA advisers

JAMIE WILLIAMSON  |  THURSDAY, 24 JAN 2019
... critical role to play in helping consumers make confident and informed decisions about financial products," ASIC commissioner Danielle Press said. "They have an obligation to act in the best interests of their clients when providing advice and must adhere ...

AFSL to begin independent review

DARREN SNYDER  |  WEDNESDAY, 16 JAN 2019
... and whether any further action is necessary." The expert will then report to both ASIC and Kaz in June 2019. ASIC Commissioner Cathie Armour said: "Licensees must have an adequate and appropriate compliance framework to govern the monitoring and supervision ...

Complainants most satisfied with life insurers

KARREN VERGARA  |  TUESDAY, 11 DEC 2018
... dispute resolution system, IDR plays a vitally important role in Australia's consumer protection framework, ASIC commissioner Danielle Press said. "Consumers and small businesses should have access to transparent, fair and timely complaints processes. ...

ASIC funding numbers released

HARRISON WORLEY  |  THURSDAY, 6 DEC 2018
... management industry is responsible for recovering $236.6 million of the regulator's costs in the last financial year. ASIC commissioner Cathie Armour said the system was designed to ensure a fairness and efficient financial system. "We have been working ...

ASIC appoints to disciplinary panel

KANIKA SOOD  |  FRIDAY, 30 NOV 2018
... trading's John Manchee and Goldman Sachs electronic trading executive director Ian Jones have all been appointed. ASIC Commissioner Cathie Armour said: "These new appointments ensure the MDP continues to have the appropriate mix of expertise, experience ...

Court fines stockbroker $350k

KARREN VERGARA  |  THURSDAY, 22 NOV 2018
... comply with the infringement notice, ASIC commenced civil penalty proceedings against it on 21 November 2016. ASIC Commissioner Cathie Armour said the Market Integrity Rules are vital to ensuring that Australia's financial markets are fair and efficient ...

Westpac cops BBSW fine

HARRISON WORLEY  |  MONDAY, 12 NOV 2018
... As a result of the ruling, Westpac is also set to pay ASIC's costs of and incidental to the penalty hearing. ASIC Commissioner Cathie Armour was pleased with the court's ruling, and added ASIC moved litigation against the banks to hold them to account. ...

ASIC moves to make licensees FASEA compliant

JAMIE WILLIAMSON  |  FRIDAY, 9 NOV 2018
... also proposed that any responsible manager has spent at least three of the last five years in a relevant role. ASIC commissioner Danielle Press said the additional option reflects the higher levels of competence expected in the industry. "Our proposals ...

Former adviser jailed, ASIC posts FY18 stats

KARREN VERGARA  |  THURSDAY, 1 NOV 2018
... Birk's father financially. ASIC said that Gold Coast-based Birk gained about $800,000 from his dishonest conduct. ASIC commissioner Danielle Press said Birk's actions were dishonest and betrayed the trust of his clients. "Today's decision ...