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Showing 21 - 30 of 125 results for "Joe Longo"

SMC makes recommendations to safeguard super

ELIZA BAVIN  |  MONDAY, 17 NOV 2025
... to switch their super out of the "mainstream" super system into higher-risk options. SMC said it supports ASIC chair Joe Longo's call for stronger consumer protections, such as cooling off periods to give people the chance to "get a second opinion, have ...

ASIC considers 'cooling off period' for super switching

ELIZA BAVIN  |  THURSDAY, 6 NOV 2025
ASIC chair Joe Longo has said introducing "frictions" into the super switching process could help avoid a repeat of the First Guardian and Shield "catastrophe". "No one wants to preside over a problem like this if there are some potential solutions. ...

Feature: Compliance | Passing the buck

ELIZA BAVIN  |  WEDNESDAY, 15 OCT 2025
... distributable to unitholders. At a recent parliamentary hearing, Australian Securities and Investments Commission (ASIC) chair Joe Longo 01 described the situation as being on an "industrial scale". "This is a very sophisticated, coordinated series of ...

ASIC helping with law reform over Shield, First Guardian

ELIZA BAVIN  |  FRIDAY, 10 OCT 2025
ASIC chair Joe Longo has told a Senate estimates hearing that the corporate regulator is working closely with Treasury and the government on law reform in the wake of the Shield Master Fund and First Guardian Master Fund collapses. Longo said high risk ...

ASIC reports 50% jump in investigations in FY25

RIDDHIMA TALWANI  |  THURSDAY, 9 OCT 2025
... ASIC highlighted a ramp up in its enforcement activity and work to address regulatory complexity in markets. ASIC chair Joe Longo, said investments in the agency's operational capabilities, including in its digital technologies, cyber resilience and ...

ASIC approval puts Cboe, ASX on level playing field

MATTHEW WAI  |  TUESDAY, 7 OCT 2025
... particularly ETFs, which are already available under Cboe's existing Australian market licence, ASIC said. ASIC chair Joe Longo said the approval builds on the discussion paper in February, which explored the changing dynamics in Australia's capital ...

Concentration of private credit sector a concern: ASIC

JAMIE WILLIAMSON  |  MONDAY, 22 SEP 2025
... will help promote confidence, improve market integrity and empower investors to make informed decisions," ASIC chair Joe Longo said. "When an industry agrees on clear standards, it shows a strong commitment to doing things right and we welcome the industry's ...

ASIC chair calls it quits

KARREN VERGARA  |  FRIDAY, 19 SEP 2025
ASIC chair Joe Longo has tendered his resignation, to finish up in 2026. In June, Longo told the Secretary to the Treasury he would not be seeking an extension of his term, which finishes up on 31 May 2026. A former lawyer, Longo replaced James Shipton ...

Equity Trustees slashes value of Shield investments

JAMIE WILLIAMSON  |  THURSDAY, 18 SEP 2025
... due to misconduct, negligence or fraud," it said. Appearing before a parliamentary committee this morning, ASIC chair Joe Longo said it could be as many as 15,000 investors who have been impacted by the Shield and First Guardian failure. However, when ...

ASIC sets sights on 140 advisers

ELIZA BAVIN  |  THURSDAY, 18 SEP 2025
... now having to fight multiple different matters in the Administrative Review Tribunal as well," she said. ASIC chair Joe Longo said many of the advisers ASIC has already brought action against are "lawyered up" and have not been cooperating. "This is ...