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Showing 321 - 330 of 453 results for "Josh"

ASIC appoints second deputy chair

KARREN VERGARA  |  FRIDAY, 7 DEC 2018
... panel to review ASIC's capabilities. The four-month review resulted in a number of key changes to strengthen ASIC. Treasurer Josh Frydenberg said the Government has undertaken significant reforms to ensure ASIC has the powers and resources it needs to ...

ASIC strips Melbourne firm of AFSL

KANIKA SOOD  |  MONDAY, 3 DEC 2018
The corporate regulator has cancelled the AFSL of a Melbourne-based firm that previously copped a $9 million fine for offering personal loans with the proviso customers implement financial advice from the firm. Financial Circle's Australian financial ...

Social media reacts to final Royal Commission hearings

HARRISON WORLEY  |  FRIDAY, 30 NOV 2018
... remuneration remaining high despite the misconduct exposed at the Royal Commission. Ken Henry should resign immediately - Josh Bornstein (@JoshBBornstein) November 27, 2018 The Australia Institute director Josh Bornstein was blunt in his assessment of ...

Misconduct matters, but stability key for Frydenberg

HARRISON WORLEY  |  FRIDAY, 23 NOV 2018
Treasurer Josh Frydenberg said eliminating misconduct was important, but the Government has other considerations to bear when implementing the Royal Commission's final recommendations. Speaking at the Australian Finance Industry Association conference ...

Frydenberg splashes $50m to pursue financial services crime

HARRISON WORLEY  |  FRIDAY, 16 NOV 2018
... Federal Government is spending an additional $50 million to increase efforts in prosecuting financial misconduct. Treasurer Josh Frydenberg said an additional $51.5 million would be provided to the Commonwealth Director of Public Prosecutions (CDPP) ...

Melbourne AFSL pays $9 million in fines

KANIKA SOOD  |  MONDAY, 5 NOV 2018
A Melbourne company has copped about $9 million in penalties after ASIC found it offered personal loans with the proviso customers implement financial advice from the firm. Financial Circle offered personal loans to consumers of up to $5000. However ...

Frydenberg boosts APRA funding

HARRISON WORLEY  |  MONDAY, 5 NOV 2018
... The change in its tact appeared to coincide with a change in the law, which required APRA take matters to court. Treasurer Josh Frydenberg said the regulator's new funding would support it in developing a stronger focus on accountability and enforcement ...

One-stop complaints shop opens

DARREN SNYDER  |  THURSDAY, 1 NOV 2018
... services sector by raising standards and improving internal practices to reduce and resolve disputes," Coonan said. Treasurer Josh Frydenberg said Australians will be spared "the expense and inconvenience associated with taking financial complaints to ...

Retirement planning gets a recession check

KANIKA SOOD  |  MONDAY, 29 OCT 2018
... investment option) on advice from its external asset consultant. Aberdeen Standard Investments senior investment specialist Josh Hall says a recession is not the manager's base case. Aberdeen sees a 25% to 30% probability of a recession in US or ...

Revised penalties come down hard on white collar crime

HARRISON WORLEY  |  MONDAY, 22 OCT 2018
... introduce legislation into parliament to increase the penalties for white collar crimes. In a media release on Sunday, Treasurer Josh Frydenberg said criminal penalties were set to double in some cases, while civil penalties for corporations and individuals ...