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

Search Results

Showing 21 - 30 of 203 results for "Sarah Court"

ASIC cannot afford to stand still: Longo

VINNY VUCAGO  |  MONDAY, 1 JUN 2026
... improve its ability to detect misconduct and identify risks earlier. Longo will be succeeded by current deputy chair Sarah Court, who appeared alongside him at the hearing and will take over leadership of the regulator as ASIC enters its next phase.

Westpac fined $26m for financial hardship neglect

KARREN VERGARA  |  WEDNESDAY, 27 MAY 2026
... affected customers, including refunds of fees and interest and compensation for non-financial loss. ASIC deputy chair Sarah Court commented Westpac failed the very customers who needed help when they needed it most. "These were customers who were asking ...

ASIC launches action against Equity Trustees for $65m First Guardian failures

ELIZA BAVIN  |  THURSDAY, 21 MAY 2026
... failures by Equity Trustees in relation to First Guardian, as well as declarations and civil penalties. ASIC deputy chair Sarah Court said the latest action is part of ASIC's 2026 enforcement priority into the collapse of First Guardian and related ...

Former adviser jailed over $2m SMSF investment scheme

VINNY VUCAGO  |  WEDNESDAY, 13 MAY 2026
... investor funds for personal use, including the purchase of property and a motorhome in his name. ASIC deputy chair Sarah Court said the sentence reflected the seriousness of the misconduct and the damage caused to the investors. "Arandez betrayed the ...

TelstraSuper did fall foul of IDR obligations: Federal Court

JAMIE WILLIAMSON  |  FRIDAY, 8 MAY 2026
... compliance with mandatory internal dispute resolution standards is not optional, but a legal obligation," ASIC deputy chair Sarah Court said. "Financial service providers must invest in robust systems and devote adequate resources to ensure complaints ...

Macquarie broke law by not putting Shield on watch list, says court

JAMIE WILLIAMSON  |  FRIDAY, 20 MAR 2026
... In this case, those steps could and should have triggered closer scrutiny of these investments," ASIC deputy chair Sarah Court said. "Following ASIC's investigation, Macquarie paid members quickly, providing them certainty by returning them to the position ...

Governance issues on the rise: ASIC

ELIZA BAVIN  |  WEDNESDAY, 25 FEB 2026
... behaviour. "The figures point to an increase in concerns being raised about corporate governance issues," ASIC deputy chair Sarah Court said. "They underscore ASIC's enforcement priorities, which include tackling governance and directors' duties failures ...

FIIG Securities fined $2.5m for lengthy cyber failures

JAMIE WILLIAMSON  |  TUESDAY, 10 FEB 2026
... both scale and sophistication, and inadequate controls put clients and companies at real risk," ASIC deputy chair Sarah Court said. "ASIC expects financial services licensees to be on the front foot every day to protect their clients. FIIG wasn't - and ...

ASIC welcomes new chair

KARREN VERGARA  |  TUESDAY, 3 FEB 2026
... Treasurer has appointed a new chair to replace Joe Longo who will serve a period of five years starting on June 1. Sarah Court has been promoted to the top role after serving as deputy chair. Treasurer Jim Chlamer said the Albanese Government will recommend ...

Australian Unity cops fine for TMD, DDO failures

KARREN VERGARA  |  MONDAY, 2 FEB 2026
... and said such improvements "make it less likely that another similar contravention will occur". ASIC deputy chair Sarah Court commented there is no value to investors if product issuers develop a TMD for a product but fail to take steps to ensure that ...