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Showing 281 - 290 of 472 results for "ASIC Commissioner"

ASIC signs fintech agreement with Indonesia

EMMA RAPAPORT  |  MONDAY, 24 APR 2017
... Providers are offering services including insurance, investment, financing, peer-to-peer lending and crowd funding. ASIC Commissioner John Price commented that fintechs should not be constrained by national borders and that it is fundamental that Australia ...

ASIC cancels responsible entity AFSL

EMMA RAPAPORT  |  WEDNESDAY, 12 APR 2017
... timeframe; and notify ASIC of significant breaches within the required timeframe. Commenting on the cancellation, ASIC commissioner John Price said, "A responsible entity needs to ensure a managed investment scheme is operated in accordance with the ...

Adviser ban upheld by tribunal

KARREN VERGARA  |  TUESDAY, 4 APR 2017
... information such as information about capital raisings - even when following a client's direct instructions," ASIC commissioner Cathie Armour said. Batros was an authorised representative with financial services licensee Morgans Financial, between January ...

Barclays fined following ASIC investigation

JAMIE WILLIAMSON  |  FRIDAY, 24 MAR 2017
... conditions set out in these instruments, including the fundamental obligations relating to disclosure and reporting," ASIC commissioner Cathie Armour said. "Entities that fail to self-report a breach of their obligations to ASIC within the required time ...

Past Morgan Stanley adviser hit with permanent ban

JAMIE WILLIAMSON  |  MONDAY, 13 MAR 2017
... decided he was likely to breach financial services law again in future and was not of good fame or character. ASIC commissioner Cathie Armour said: "Financial advisers are expected to act in the best interests of clients. ASIC will ensure appropriate ...

mFund to expand product offering

JAMIE WILLIAMSON  |  THURSDAY, 22 DEC 2016
... has been given the current version of the PDS and any supplementary PDS that apply to the particular fund." ASIC commissioner John Price said the regulator is supportive of innovation that can benefit consumers and provide efficiencies to the industry. ...

Two of the big four in ASIC spotlight

ALEX BURKE  |  THURSDAY, 22 DEC 2016
... "A well-functioning foreign exchange market depends on all participants acting with integrity and fairness," ASIC commissioner Cathie Armour said. "ASIC is committed to ensuring that major financial institutions have in place effective mechanisms for ...

ASIC approves world-first fintech exemptions

ALEX BURKE  |  THURSDAY, 15 DEC 2016
... assuming the regulator is notified in advance and businesses meet "certain consumer protection conditions." ASIC commissioner John Price explained: "ASIC's fintech licensing exemption reflects our commitment to facilitating innovation in financial services. ...

ASIC falls on fund disclosure sword

DARREN SNYDER  |  WEDNESDAY, 30 NOV 2016
... transition period for funds to comply with updated fee and cost disclosure requirements under RG97. In September, ASIC Commissioner Greg Tanzer told the Australian Superannuation Investment (ASI) conference that the regulator previously knocked back ...

Former adviser receives jail sentence

KERRIE SYDEE  |  WEDNESDAY, 16 NOV 2016
... securities on the ASX for himself, paying for losses in other trading accounts he held and paying off personal debts. ASIC commissioner Greg Tanzer said: "Wise repeatedly engaged in dishonest conduct, putting his own interests ahead of his clients. This ...