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Showing 301 - 310 of 476 results for "ASIC commissioner"

ASIC drops proceedings against two former directors

KERRIE SYDEE  |  THURSDAY, 22 SEP 2016
... failure to understand properly those deficiencies; and the clear need to uphold the integrity of the SMSF system." ASIC Commissioner John Price said: "To safeguard the SMSF sector, ASIC will continue to use its power to disqualify approved SMSF auditors ...

ASIC hands down permanent and four year bans

KERRIE SYDEE  |  FRIDAY, 16 SEP 2016
... Hill should be permanently banned as a result of his convictions involving dishonest and fraudulent conduct. ASIC commissioner Peter Kell said Hill's misconduct was very serious: "ASIC will ban people from the finance industry who act dishonestly and ...

ASIC hands down more permanent bans

JAMIE WILLIAMSON  |  WEDNESDAY, 14 SEP 2016
... financial services or credit laws will result in action by ASIC to remove them from these industries," said ASIC commissioner Peter Kell.

Cyber security not just an IT problem: ASIC

KERRIE SYDEE  |  WEDNESDAY, 14 SEP 2016
... members must be aware of their responsibility and duty to understand company cyber resilience, according to ASIC commissioner Cathie Armour. Speaking as part of a panel at the SINET61 Summit held in Sydney, Armour said it isn't surprising that board ...

ASIC cancels AFSL, bans responsible managers

DARREN SNYDER  |  FRIDAY, 9 SEP 2016
... for a period of four years, and Jill was banned from providing financial services for a period of three years. ASIC commissioner Greg Tanzer said: "All AFS licensees need to ensure their culture does not drive poor conduct within their business. ASIC ...

Under reporting of super fees harming investors: ASIC

DARREN SNYDER  |  THURSDAY, 8 SEP 2016
... period is sufficient. Speaking at the Australian Superannuation Investment (ASI) conference in Cairns yesterday, ASIC commissioner Greg Tanzer said the regulator believed the transition "was very generous." Tanzer said ASIC will be adopting a facilitative ...

ING DIRECT pays up for "no fees" super marketing

MARK SMITH  |  WEDNESDAY, 7 SEP 2016
... easily understood products and is committed to doing the right thing by its customers," the internet bank said. ASIC commissioner Greg Tanzer said: "This action reflects ASIC's ongoing focus on the disclosure of fees and costs in superannuation. "Consumers ...

Ostrava wound up, directors banned

KERRIE SYDEE  |  FRIDAY, 2 SEP 2016
... the financial service business without proper supervision or exercising any independent critical judgment." ASIC commissioner Greg Tanzer said: "This outcome sends a message that anyone who breaches financial services laws or their duties as company ...

Macquarie cops fine over van Eyk

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2016
... issue within the bank and did "not suggest the failures were in any sense endemic." Commenting on the outcome, ASIC commissioner Greg Tanzer said, "This is a significant decision for investors and confirms the important role of responsible entities in ...

ASIC accepts EU from My Adviser

KERRIE SYDEE  |  WEDNESDAY, 24 AUG 2016
... My Adviser had commenced paying remediation to clients of Arion. More than $2 million has been paid to date. ASIC commissioner Greg Tanzer said: "All licensees must ensure that its representatives comply with the best interests obligations and where ...