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Showing 21 - 30 of 45 results for "ASIC chairman Greg Medcraft"

Front-runners

BENJAMIN ONG  |  MONDAY, 7 APR 2014
... running and skimming is systematic fraud, plain and simple... and legalised fraud brings distrust. ASIC chairman Greg Medcraft says it best when he told theA Australian Financial ReviewA that, "If people can't have trust and confidence in the market ...

Australia has softer approach to corporate wrongdoing

LAURA MILLAN  |  FRIDAY, 21 MAR 2014
... provide financial services without a license. "Tough penalties have a powerful deterrent effect," ASIC chairman Greg Medcraft said. "At the lower end of the scale, more proportionate sanctions can work better. For example, infringement notices can provide ...

Better ASIC-AFP relationship could lead to more prosecutions

LAURA MILLAN  |  MONDAY, 24 FEB 2014
... Economics Reference Committee public hearing on the inquiry about the performance of the regulator. ASIC chairman Greg Medcraft said that at the moment ASIC monitors AFP investigations to make sure that if a case was not going to be pursued as a criminal ...

ASIC could implement immediate suspension of advisers

STAFF WRITER  |  THURSDAY, 20 FEB 2014
... people's rights to hear a case against them" to be allowed to suspend an adviser immediately. However, ASIC chairman Greg Medcraft welcomed the idea and proposed an immediate suspension as a mechanism of protection, after which there should be a process ...

ASIC enhances whistleblower communication

LAURA MILLAN  |  WEDNESDAY, 19 FEB 2014
... protection, one of the main concerns that prompted the Senate inquiry into the regulator's performance. ASIC chairman Greg Medcraft spoke this morning at a public hearing of the Senate Economics Reference Committee. Medcraft said that changes include ...

Market Wrap AM

AAP  |  FRIDAY, 11 OCT 2013
... futures contract was up 71 points at 5,204. No major economic news is expected on Friday. Meanwhile, ASIC chairman Greg Medcraft is scheduled to speak at an American Chamber of Commerce in Australia lunch, in Sydney. In equities news, the OzForex Group ...

New deal opens Europe to Aussie AIFs

JAMES FERNYHOUGH  |  MONDAY, 22 JUL 2013
... arrangement includes most EU members, and some non-members including Iceland, Norway and Liechtenstein. ASIC Chairman Greg Medcraft said: "We are pleased to have these cooperation arrangements in place. They will allow Australian fund managers to manage ...

Two Storm victims to receive $1.1m in compensation

MARK SMITH  |  WEDNESDAY, 29 MAY 2013
... which the Doyles, and ultimately other Storm investors, could achieve fair and adequate compensation,"ASIC chairman Greg Medcraft said. "I am pleased that ASIC has been able to achieve this result and that the allegations against BoQ and Macquarie of ...

ASIC delays start date for advisers exam

LAURA MILLAN  |  THURSDAY, 11 APR 2013
... consumers to have greater access to quality financial advice and greater confidence in advisers," ASIC chairman Greg Medcraft said. "Having this framework in place, including the enhanced training standards, is an important element in achieving this ...

Former Astarra director permanently banned from fin services

LAURA MILLAN  |  THURSDAY, 7 MAR 2013
... individuals who do not promote these values when dealing with consumers have no place in the industry," ASIC Chairman Greg Medcraft said. Liu has the right to apply to the Administrative Appeals Tribunal for a review of ASIC's decision and is currently ...