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Showing 11 - 20 of 130 results for "Danielle Press"

Regulators sound alarm on cybersecurity, fraud in super

ANDREW MCKEAN  |  FRIDAY, 24 FEB 2023
... for an iteration of the performance test for choice products in 2023, Ellis adds. Meanwhile, ASIC commissioner Danielle Press similarly emphasised the need for stronger cybersecurity measures in the financial services sector. "The area we're most ...

ETP naming conventions updated

JAMIE WILLIAMSON  |  THURSDAY, 24 NOV 2022
... transparent markets, particularly in the context of ETPs that have unique or novel features," ASIC commissioner Danielle Press said. "The overall reduction in the number of defined labels in our guidance is intended to encourage licensed exchanges and ...

ASIC welcomes second ASX market resilience consultation

CASSANDRA BALDINI  |  TUESDAY, 1 NOV 2022
... continue implementing and improving the resilience of the Australian equity market during outages. ASIC commissioner Danielle Press said: "ASIC continues to engage with market operators and participants as they implement steps to meet our expectations ...

ASIC finds shortcomings in wholesale market practices

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
... practices were ad hoc, manual, and reflected a lack of prioritisation by participants," ASIC said. ASIC commissioner Danielle Press commented: "Wholesale financial markets, including fixed income, currencies, and commodities markets, are global, complex ...

BFID no hindrance to helping vulnerable members: Panel

CHLOE WALKER  |  WEDNESDAY, 7 SEP 2022
... policy David Haynes said super funds could and should be doing more for vulnerable members, while ASIC commissioner Danielle Press agreed and pointed out that the best financial interests duty actually allows for different members to be treated differently. ...

ASIC issues warning over brokers' high-risk offers

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
... have the same protections as regulated financial products or they may underestimate the risks." ASIC commissioner Danielle Press said: "Crypto-assets are high-risk, volatile and complex. Brokers should think very carefully before offering crypto-assets ...

ASIC tells super trustees to improve TMDs

ANDREW MCKEAN  |  MONDAY, 29 AUG 2022
... remaining had reporting periods of either six or 12 months. Responding to sample review results, ASIC commissioner Danielle Press said: "We expect all trustees to consider these observations when reviewing their target market determinations. Trustees ...

ASIC flags 'significant' IDR compliance issues at super funds

JAMIE WILLIAMSON  |  WEDNESDAY, 10 AUG 2022
... well, dispute resolution can benefit trustees by helping build members' trust and confidence," ASIC commissioner Danielle Press said. "However, the first stage of ASIC's surveillance about internal dispute resolution practices of trustees has identified ...

OTC derivatives provider loses licence, executives banned

CASSANDRA BALDINI  |  THURSDAY, 14 JUL 2022
... judgement, and diligence to play a role in the management or control of a financial services provider. ASIC commissioner Danielle Press said: "ASIC's investigation uncovered concerning consumer losses from trading in CFDs, including a Sirius Financial ...

ASIC releases guidance on super, retirement calculators

ANDREW MCKEAN  |  TUESDAY, 5 JUL 2022
... exempt from certain regulatory requirements related to providing personal financial advice." ASIC commissioner Danielle Press stated: "Superannuation calculators and retirement estimates are important tools that can help consumers engage with their superannuation ...