Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 156 results for "Investment Commission"

ASIC super specialist jumps to law firm

KANIKA SOOD  |  TUESDAY, 10 SEP 2019
... on September 2. She has more than 30 years of experience, most recently at the Australian Securities and Investment Commission. She was also a member of the Comprehensive Income Products for Retirement (CIPR) Framework Advisory Group which was formed ...

ASIC cancels responsible entity AFSL

EMMA RAPAPORT  |  WEDNESDAY, 12 APR 2017
The Australian Securities and Investment Commission cancelled the AFSL of a responsible entity for failing to comply with a number of its key obligations as a financial services licensee. The company, DD&D Securities, is the responsible entity for Dwyers ...

Unclear disclosure costs bank $5m

KARREN VERGARA  |  MONDAY, 3 APR 2017
The Australian and Securities Investment Commission has forced Citibank to refund about $5 million to 230,000 customers for failing to properly disclose credit card international transaction fees. Citibank began charging international transaction fees ...

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 ...