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Showing 21 - 30 of 153 results for "Investment Commission"

ASIC releases RE compliance obligations

KARREN VERGARA  |  TUESDAY, 28 MAR 2017
The Australian Securities and Investment Commission is urging responsible entities to maintain adequate risk management systems to avoid any adverse consequences for investors. ASIC's recently released regulatory guide - RG 259 Risk Management systems ...

ASIC permanently bans Queensland adviser

KARREN VERGARA  |  THURSDAY, 23 MAR 2017
The Australian and Securities and Investment Commission permanently banned a former Anne Street Partners financial planner for engaging in deliberate acts of dishonesty. Daniel Peter Logan, formerly of Brisbane, failed to comply with financial services ...

Credit Suisse fined for systems mishap

KARREN VERGARA  |  THURSDAY, 16 MAR 2017
Investment bank Credit Suisse was slapped with a $170,000 fine from the Australian Securities and Investment Commission for failing to have the appropriate price limits in place across its automated order processing (AOP) systems. The watchdog found ...

Westpac faces lending practices breach: ASIC

KARREN VERGARA  |  THURSDAY, 2 MAR 2017
The Australian Securities and Investment Commission is taking Westpac to the Federal Court for allegedly breaching home-loan responsible lending practices. Between December 2011 and March 2015, the regulator claims Westpac failed to properly assess ...

ASIC confirms systemic failures in advice

KERRIE SYDEE  |  THURSDAY, 27 OCT 2016
The Australian Securities and Investment Commission has confirmed systemic failures at 21 Australian Financial Services Licensees in providing ongoing advice services to clients. Identified in ASIC's 'Financial advice: Fees for no service' report, the ...

VFMC appoints two new directors

DARREN SNYDER  |  WEDNESDAY, 18 MAY 2016
... services, media, resources and education sectors. Gay is currently chair of the Australian Securities and Investment Commission's (ASIC) Markets Disciplinary Panel, a non-executive director at Koda Capital, and a member of the Council of Trustees at ...

Senate to investigate white-collar crime

LAURA MILLAN  |  THURSDAY, 26 NOV 2015
... to stop the ongoing financial scandals." Top industry officials, including the Australian Securities and Investment Commission (ASIC) chairman Greg Medcraft have raised the issue in the past. "We have to lift the fear and smother the greed. White-collar ...

CBA publicly welcomes former staff bans

MARK SMITH  |  THURSDAY, 8 OCT 2015
The Commonwealth Bank has publicly welcomed the Australian Securities and Investment Commission's (ASIC) decision to ban former CFPL financial planners, Sharnie Kent and Stuart Jamieson. In a press release issued by the bank it said it reported concerns ...

Industry giants ramp up adviser ethics training

LAURA MILLAN  |  TUESDAY, 28 JUL 2015
... representatives from the Australian Prudential Regulatory Authority (APRA), the Australian Securities and Investment Commission (ASIC), Association of Financial Advisers (AFA), Financial Planning Association (FPA), SMSF Association, Financial Services ...

Platinum to launch Asia LIC

STAFF WRITER  |  FRIDAY, 12 JUN 2015
... to a cap of $50 million. The prospectus for the offer will be lodged with the Australian Securities and Investment Commission (ASIC) at the end of July 2015, the company said in an ASX statement. Over the last months, a number of fund managers have launched ...