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Showing 311 - 320 of 1365 results for "Australian Securities and Investments Commission"

ASIC puts an end to PIS monitoring program

LAURA MILLAN  |  TUESDAY, 29 JUL 2014
... monitoring program for Professional Investment Services (PIS) has concluded with the Australian Securities and Investments Commission (ASIC) reporting "a significant improvement in its compliance and audit functions." The Centrepoint-owned dealer group ...

ASX agrees to changes after ASIC review

MARK SMITH  |  MONDAY, 28 JUL 2014
... make changes to its operations to address a number of issues highlighted by the Australian Securities and Investments Commission (ASIC) in a recent review. The changes will affect the way the ASX monitors market participants and enforces compliance as ...

Macquarie tight-lipped on EU details

LAURA MILLAN  |  FRIDAY, 25 JUL 2014
... said that the Macquarie Private Wealth enforceable undertaking (EU) with the Australian Securities and Investments Commission (ASIC) is "on track," but refused to give more details about the process. An investor presentation made public at the annual ...

ASIC obtains court orders against former Ballast adviser

LAURA MILLAN  |  THURSDAY, 24 JUL 2014
... representative from providing financial advice and dealing in financial products. The Australian Securities and Investments Commission (ASIC) obtained the orders against Western Australia-based financial adviser Marion Joan Pearson and Colisa. The regulator ...

CBA whistleblower casts doubts over compensation scheme

LAURA MILLAN  |  THURSDAY, 24 JUL 2014
... bad luck because there was the GFC." Morris argued that "neither CBA nor [the Australian Securities and Investments Commission] ASIC should be involved in compensation," given concerns expressed by the Senate Economics Committee over past programs headed ...

Investors vulnerable as property schemes shirk risk disclosure

JAMES FERNYHOUGH  |  WEDNESDAY, 23 JUL 2014
... disclose risks are placing investors in a vulnerable position according to the Australian Securities and Investments Commission (ASIC). ASIC commissioner Greg Tanzer said a review into the sector's disclosure was 'disappointing'. "The results are disappointing ...

RBS enters enforceable undertaking

STAFF WRITER  |  TUESDAY, 22 JUL 2014
... "potential misconduct" involving the Australian Bank Bill Swap Rate (BBSW), the Australian Securities and Investments Commission (ASIC) has announced. RBS will also voluntarily donate $1.6 million to fund independent financial literacy projects in Australia. ...

ASIC cancels 8 AFSLs after review

LAURA MILLAN  |  TUESDAY, 22 JUL 2014
... have had their Australian financial services (AFS) licenses cancelled after an Australian Securities and Investments Commission (ASIC) review into licensees that failed to lodge audited annual statement. The review has resulted in the cancellation and ...

CBA to fund adviser education and association membership

LAURA MILLAN  |  FRIDAY, 18 JUL 2014
... of the Senate Economics Committee inquiry looking into the performance of the Australian Securities and Investments Commission's (ASIC). A CBA spokesperson told Financial Standard that "CBA will support existing advisers transition to the new requirements ...

SMSFs stung by $1M property Ponzi scheme

LAURA MILLAN  |  FRIDAY, 18 JUL 2014
... running a financial services business without a licence. An investigation by the Australian Securities and Investments Commission (ASIC) found that Patrick often formed companies to purchase properties for development. To obtain funds for the property ...