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Showing 21 - 30 of 61 results for "Cathie Armour"

Pershing convicted for client breaches

ANNABELLE DICKSON  |  THURSDAY, 6 AUG 2020
... understand that the legislative requirements are important and must be adhered to," she said. ASIC Commissioner Cathie Armour welcomed the decision and said the outcome demonstrates how serious client money breaches are. "Client money obligations protect ...

AMP Life, AMP Capital fined

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... entities to ensure compliance with their reporting and monitoring obligations under the ASIC Rules," ASIC commissioner Cathie Armour said. Compliance with the infringement notices is not an admission of guilt or liability, ASIC said. On the same day ...

Foreign fund managers granted licensing relief

HARRISON WORLEY  |  WEDNESDAY, 11 MAR 2020
... similar regulatory supervision and outcomes will be achieved by equivalent overseas requirements. ASIC commissioner Cathie Armour said the regulator's new framework was designed to ensure wholesale investors could continue to access the opportunities ...

Former financial adviser charged

HARRISON WORLEY  |  TUESDAY, 13 AUG 2019
... corporate regulator banned Kawecki from providing financial services for seven years in 2018, and ASIC commissioner Cathie Armour noted Kawecki's attempts to maneuver around the ASX's minimum spread requirements impacted market integrity. "ASIC considers ...

Australian equity markets remain clean: ASIC

KRISTI CHENG  |  THURSDAY, 1 AUG 2019
... suspicious trading accounts remained stable, the volume traded by the same accounts increased. ASIC commissioner Cathie Armour said: "Markets cannot operate with a high degree of integrity if people trade with inside information." "We expect all parties ...

Former Kaz Capital adviser banned

ELIZABETH MCARTHUR  |  FRIDAY, 17 MAY 2019
... enquiries. The independent expert will report back to ASIC and Kaz Capital in June this year. ASIC commissioner Cathie Armour said of the licence conditions: "Licensees must have an adequate and appropriate compliance framework to govern the monitoring ...

AFSL to begin independent review

DARREN SNYDER  |  WEDNESDAY, 16 JAN 2019
... any further action is necessary." The expert will then report to both ASIC and Kaz in June 2019. ASIC Commissioner Cathie Armour said: "Licensees must have an adequate and appropriate compliance framework to govern the monitoring and supervision of their ...

ASIC funding numbers released

HARRISON WORLEY  |  THURSDAY, 6 DEC 2018
... responsible for recovering $236.6 million of the regulator's costs in the last financial year. ASIC commissioner Cathie Armour said the system was designed to ensure a fairness and efficient financial system. "We have been working with industry to implement ...

ASIC appoints to disciplinary panel

KANIKA SOOD  |  FRIDAY, 30 NOV 2018
... Manchee and Goldman Sachs electronic trading executive director Ian Jones have all been appointed. ASIC Commissioner Cathie Armour said: "These new appointments ensure the MDP continues to have the appropriate mix of expertise, experience and diversity ...

Court fines stockbroker $350k

KARREN VERGARA  |  THURSDAY, 22 NOV 2018
... infringement notice, ASIC commenced civil penalty proceedings against it on 21 November 2016. ASIC Commissioner Cathie Armour said the Market Integrity Rules are vital to ensuring that Australia's financial markets are fair and efficient "Market participants ...