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| | | ... time and will require sustained focus on leadership, accountability, investment and stewardship to deliver." ASIC commissioner Simone Constant added: "What sets this Inquiry apart is that, alongside the release of the Final Report, there is already an ... |
| | | | The detriment of Shield and First Guardian Master Funds undermines trust in the superannuation system, ASIC commissioner Alan Kirkland warned, saying trustees must revise their processes to avoid exploitation by super switching schemes. Speaking at ... |
| | | | ... speculative trading based on what's popular online carries real risks, particularly in volatile markets like crypto," ASIC commissioner Alan Kirkland said. Social media, one of the main sources of information for the 18 to 28 age demographic, is also ... |
| | | | ASIC commissioner Simone Constant has taken aim at superannuation fund trustees over how they identify systemic issues from member complaints. Speaking at an industry event, Constant said five out of the 10 super funds the regulator is reviewing over ... |
| | | | ... compliance team in response to the collapse of the two managed investment schemes. This includes hiring former ASIC commissioner Danielle Press as independent chair of its inaugural AFSL Governance Committee. Last November, ASIC commenced civil penalty ... |
| | | | ... prevent or report fraud activities and just one in five offered dedicated contact for reporting. Commenting, ASIC commissioner Simone Constant said despite possessing a large sum of Australian retirement savings, super funds have been "slow to respond ... |
| | | | ... CFDs and through our review we have helped put $40 million back in the pockets of more than 38,000 investors," ASIC commissioner Simone Constant said. "These are complex, high-risk products, where most investors face losses, and even profitable trades ... |
| | | | ... urging them to strengthen anti-scam practices, or risk exposing their members to harm. The open letter, signed by ASIC commissioner Simone Constant, outlined ASIC's guidance for super trustees in preventing, detecting and responding to scams and ... |
| | | | ... interested parties to execute the changes and has made amendments following the feedback provided. Commenting, ASIC commissioner Kate O'Rourke said: "Conflicts of interest aren't just ethical dilemmas. They pose real threats that erode trust ... |
| | | | ... report. It also contacted companies that had received an auditor breach for non-lodgement of financial reports. ASIC commissioner Kate O'Rourke said: "ASIC is concerned by the substantial number of companies that appear to have not met their obligations ... |
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