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Showing 11 - 20 of 129 results for "Greg Medcraf"

AI to influence consumer trust: Medcraft

JAMIE WILLIAMSON | THURSDAY, 25 MAY 2017

Businesses looking to integrate enhanced technological capability must consider its future impacts, or else risk creating a greater trust deficit in the financial services industry. That was the warning delivered by ASIC chairman Greg Medcraft in his ...

Advisers to be judged by peers

JAMIE WILLIAMSON | WEDNESDAY, 12 APR 2017

Whether or not individuals in financial services should be banned for misconduct may be decided by their peers, with ASIC calling on the industry to consult on the establishment of a new panel. The proposed Financial Services Panel would provide the ...

ASIC secures $210m in compensation

ALEX BURKE | THURSDAY, 3 NOV 2016

ASIC secured $210.5 million in compensation over FY16, according to its annual report. ASIC noted the figure - substantially higher than the $35.2 million over FY15 - was largely driven by "six matters," which comprised 79% of total dollar compensation. ...

ASIC collaborates with Kenya on innovation

JAMIE WILLIAMSON | MONDAY, 24 OCT 2016

ASIC has signed a co-operation agreement with the Capital Markets Authority of Kenya (CMA) to promote innovation in financial services. The agreement was signed at last week's International Organisation of Securities Commissions board meeting in Hong ...

ASIC puts culture top of mind

KERRIE SYDEE | WEDNESDAY, 22 JUN 2016

On the minds of governments, regulators, boards, executives and customers, ASIC chairman, Greg Medcraft, heralded culture to be "the new black". Speaking at the Thomson Reuters 4th Annual Australian Regulatory Summit in Sydney, Medcraft said as a key ...

ASIC and Singapore regulator sign co-op agreement

ALEX BURKE | FRIDAY, 17 JUN 2016

ASIC and the Monetary Authority of Singapore (MAS) have signed a co-operative agreement to facilitate regulatory harmony between the two countries. The new Innovation Functions Co-operation Agreement is designed to give fintech companies in Australia ...

Medcraft steps down from global leadership position

ALEX BURKE | FRIDAY, 20 MAY 2016

ASIC chair Greg Medcraf has announced he will step down from a global leadership position so as to "refresh" the organisation. Medcraft was chair of the International Organization of Securities Commissions (IOSCO) for the past three years. He declined ...

Drop in regulator staff numbers under coalition

MARK SMITH | MONDAY, 2 MAY 2016

There has been a sharp decline in staff numbers at the regulators policing the financial services industry in the Coalition government's three years in office, according to a new report by the Australia Institute. Average Australian Securities and Investments ...

Government boosts ASIC with $127m package

ALEX BURKE | WEDNESDAY, 20 APR 2016

Following industry speculation, the Turnbull Government has announced a $127.2 million reform package for ASIC. The announcement follows Labor's calls for a Royal Commission into the financial services industry, which both the Prime Minister and Treasurer ...

ASIC and UK regulator sign fintech deal

ALEX BURKE | THURSDAY, 24 MAR 2016

ASIC and the UK's Financial Conduct Authority (FCA) have agreed to support innovative businesses or fintechs entering each other's respective markets. The goal is to reduce regulatory uncertainty for new Australian businesses entering the UK market ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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