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

Search Results

Showing 21 - 30 of 76 results for ASIC release

KPMG challenges ASIC on Constitutional powers

ASIC RELEASE  |  THURSDAY, 20 MAY 2010
KPMG is challenging the Australian Securities & Investments Commission (ASIC) regarding its case on behalf of Westpoint investors because it believes the regulator's case is unconstitutional. ASIC began action against KPMG on the basis that Section ...

Investors get more from Westpoint settlement

ASIC RELEASE  |  WEDNESDAY, 19 MAY 2010
Investors affected by the Westpoint collapse have scored another win after ASIC reached an agreement to settle its actions against Glenhurst Corporation and its insurer, QBE Insurance (Australia), for $2.5 million. The settlement is subject to the approval ...

ASIC names deputy chair and commissioner

ASIC RELEASE  |  MONDAY, 10 MAY 2010
The Australian Securities and Investments Commission (ASIC) has promoted Belinda Gibson to deputy chairperson and appointed Shane Tregillis to commissioner. Gibson joined ASIC in 2007 and, prior to this promotion, was responsible for corporate governance ...

Directors disqualified for 20 years

ASIC RELEASE  |  THURSDAY, 29 APR 2010
ASIC has disqualified six directors in the last three months from managing corporations for a combined 20 years, following their involvement in failed companies. Of these disqualified directors, three were from Victoria, two were from Queensland and ...

ASIC charges ACR directors

ASIC RELEASE  |  TUESDAY, 27 APR 2010
... Martin of West Pennant Hills, all from New South Wales, were charged by the Australian Securities & Investments Commission (ASIC). The regulator charged the men with one count each of falsifying documents to gain a financial advantage for ACR. ASIC alleges ...

ASIC bans client adviser for life

ASIC RELEASE  |  THURSDAY, 22 APR 2010
... on the ASX without permission between January 2008 and October 2008. The Australian Securities & Investments Commission (ASIC) investigation found Ho broke section 1041G(1) of the Corporations Act. He also breached the Act when he made several entries ...

Regulator launches Storm website

ASIC RELEASE  |  THURSDAY, 15 APR 2010
... website has a public area that includes general information about the Australian Securities and Investments Commission's (ASIC) investigations and features a protected personal web page for Storm investors. The regulator expects to include information ...

ASIC targets alleged Ponzi scheme

ASIC RELEASE  |  WEDNESDAY, 14 APR 2010
ASIC has obtained court orders freezing $14.6 million in assets of four men from Victoria and Western Australia, due to concerns about the possible operation of a Ponzi-style scheme. The orders are against Peter van de Steeg, Jonathan Ezzy, Peter Berlowitz ...

NSW man sentenced for early super release

ASIC RELEASE  |  TUESDAY, 30 MAR 2010
... the offence. His release is conditional upon entering a $1,000 security of good behaviour for three years. According to an ASIC statement, he had failed to ensure his SMSF (Kassongo Superannuation Fund) was maintained in accordance with the sole purpose ...

Director charged in Westpoint case

ASIC RELEASE  |  MONDAY, 29 MAR 2010
... imprisonment, with an order that he be released after being placed in a good behaviour bond, when he pleaded guilty to an ASIC charge. Silver will enter the bond for three years. He pleaded guilty on 22 March in the Southport District Court to aiding ...