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| | | ... approximately $13.1 million in compensation paid to the affected clients, which ASIC oversaw in 2023. Commenting, ASIC chair Joe Longo said Binance failed to impose basic compliance measures, leading to the outcome. "Binance's shortcomings left more ... |
| | | | ... development of new investment mandates across advice practices and institutional partners alongside Akambo managing director Joe Akiki. Tomkins will work with investment committees, principals and practice leaders to help define portfolio objectives ... |
| | | | ... more follow up on the research of each of these underlying investments. It can't be a one and done." Outgoing ASIC chair Joe Longo has admitted that failures hit the wealth management ecosystem far and wide and reached an "industrial scale" that ... |
| | | | ... benefits that financial advice offers Australian consumers, and is not supported by evidence." Late last year, ASIC chair Joe Longo had said introducing "frictions" into the super switching process could help avoid a repeat of the First Guardian and ... |
| | | | ... centres are anchored by major US grocers and supermarkets, including brands like The Fresh Market, Harris Teeter and Trader Joe's, alongside convenience retailers that meet people's everyday needs," he said. "USCRF prioritises areas with large numbers ... |
| | | | Following the landmark Federal Court decision in the case ASIC brought against Star Entertainment, ASIC chair Joe Longo said the regulator will not shy away from holding company directors to account. The Federal Court found two former senior executives ... |
| | | | ASIC chair Joe Longo highlighted two key development areas for Australia to align with prominent players across the Asia Pacific region, saying the regulator wants to be a backer, not blocker, of financial innovation. Speaking at the Asia Securities ... |
| | | | ... going to make things that much easier for our investors." At a recent Vanguard investor event, Vanguard global chief economist Joe Davis said: "The more bullish you are on AI, the less you should be overweight on tech and US tech in your portfolio." ... |
| | | | ... misconduct and is protecting Australians and safeguarding trust and confidence in Australia's financial system," ASIC chair Joe Longo said. "Today, ASIC is one of the most active law enforcement agencies in the country. We are taking more cases to court ... |
| | | | Vanguard global chief economist Joe Davis said the rapid rise of artificial intelligence (AI) has become a transformative economic force. However, while today's AI leaders dominate headlines, tomorrow's winners may look very different. Speaking at an ... |
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