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Showing 271 - 280 of 472 results for "ASIC Commissioner"

ASIC raises concerns over NSX listings

KARREN VERGARA  |  TUESDAY, 29 AUG 2017
... to review its implementation of the agreed actions and to provide a report on the findings by 31 March 2018. ASIC commissioner Cathie Armour said: "Listing standards are critical to the integrity of the Australian equities market, and the trust and confidence ...

FOFA breach sees former adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 20 JUL 2017
... we will act to remove individuals who do not live up to the high standards expected of financial advisers," ASIC commissioner John Price said. ASIC said the banning should serve as a reminder to financial advisers of their obligations under Regulatory ...

SMSF auditor busted self-auditing

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2017
... professional standards. ASIC will continue to take action where the conduct of SMSF auditors is inadequate," ASIC commissioner John Price said. Under the Superannuation Industry (Supervision) Act 1993, all auditors of SMSFs are required to be registered ...

RG 133 review reveals poor compliance

EMMA RAPAPORT  |  THURSDAY, 22 JUN 2017
... concerns and several entities reviewed will now be subject to separate surveillance. Commenting on the review, ASIC commissioner John Price said that compliance by the financial services industry with RG 133 and the class orders will remain a priority. ...

Funds management not up to scratch: ASIC

EMMA RAPAPORT  |  WEDNESDAY, 14 JUN 2017
... funds, responsible entities are expected to act lawfully and in the interests of the investors they represent," ASIC commissioner John Price said. "As a minimum, responsible entities must ensure a managed investment scheme is operated in accordance with ...

ASIC delays super disclosure reforms

ALEX BURKE  |  FRIDAY, 2 JUN 2017
... about their portfolio holdings. ASIC previously delayed dashboard reforms in November last year. At the time, ASIC commissioner Greg Tanzer said the decision was final.

ASIC cancels AFSL, bans former executives and fund managers

JAMIE WILLIAMSON  |  TUESDAY, 30 MAY 2017
... licensees fail to meet those obligations, ASIC will act to remove them from the financial services industry," ASIC commissioner John Price said. The corporate regulator was also recently successful in the Supreme Court of Queensland, with the court disqualifying ...

Macquarie to pay $2m following ASIC probe

ALEX BURKE  |  MONDAY, 22 MAY 2017
... financial markets and the proper functioning of this market is of vital importance to the Australian economy," ASIC commissioner Cathie Armour said. "ASIC has now accepted undertakings from some of Australia's largest market participants to put in place ...

ASIC bans former Avestra directors

ALEX BURKE  |  WEDNESDAY, 17 MAY 2017
... enabled Avestra to act with a systematic and serious disregard of its fiduciary and regulatory obligations." ASIC commissioner John Price added: "The findings of the Federal Court in this matter make very clear that responsible entities are required ...

Poor compliance sees AFSL suspended

JAMIE WILLIAMSON  |  MONDAY, 1 MAY 2017
... and custodial or depository services other than investor directed portfolio services for wholesale clients. ASIC commissioner John Price said: "Licensees are required to lodge financial statements and auditor reports with ASIC to demonstrate their capacity ...