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Showing 31 - 40 of 478 results for "ASIC Commissioner"

Private credit funds downplay risks, pose risk to financial system: ASIC

KARREN VERGARA  |  WEDNESDAY, 5 NOV 2025
... obligations to members, particularly how they are handling limited transparency and limited price discovery. ASIC commissioner Simone Constant said superannuation is a key part of the story, as is increased retail investor exposure and access to private ...

ASIC reveals findings from reporting and audit surveillance

ELIZA BAVIN  |  FRIDAY, 31 OCT 2025
... "Accurate, accessible and reliable financial information is essential for business and markets to work well," ASIC commissioner Kate O'Rourke said. "All participants in our economy rely on those preparing financial information to do so carefully and ...

ASIC labels digital assets as financial products

MATTHEW WAI  |  THURSDAY, 30 OCT 2025
... the digital asset are not a regulated financial product. To provide transitional support ahead of the reform, ASIC commissioner Alan Kirkland said the regulator has granted a sector-wide no-action position until 30 June 2026. The no-action position was ...

FEATURE: Fund admin | Tight Ship

KARREN VERGARA  |  FRIDAY, 24 OCT 2025
... timely payments of death benefits asks an even more disturbing question: do they know the processes at all? ASIC commissioner Simone Constant told Financial Standard the regulator will continue to apply pressure on the sector to ensure that all funds ...

ASIC targets potential vertical integration in managed accounts

KARREN VERGARA  |  FRIDAY, 17 OCT 2025
... any conflicts of interests in the managed accounts sector particularly as more AFSLs build in-house products. ASIC commissioner Alan Kirkland said the managed accounts sector "can be very attractive for licensees at all parts of the product manufacturing ...

ASIC targets funds over 'disappointing' retiree communications

ELIZA BAVIN  |  TUESDAY, 14 OCT 2025
... superannuation assets, and more than 2.5 million Australians will enter retirement over the coming decade," ASIC commissioner Simone Constant said. "It is important now more than ever for superannuation trustees to focus their attention on providing ...

ASIC slams licensees' lax offshoring governance

KARREN VERGARA  |  FRIDAY, 10 OCT 2025
... address issues that threaten to undermine public confidence in their business and in turn, the financial system," ASIC commissioner Alan Kirkland said. "ASIC will continue to monitor the governance and risk management frameworks of financial services ...

ASIC raises alarm on auditor independence, conflicts of interest

KARREN VERGARA  |  WEDNESDAY, 8 OCT 2025
... found that Keystone failed to maintain proper records resulting in the lodgement of breach reports with ASIC. ASIC commissioner Kate O'Rourke said auditor independence underpins stakeholder trust and confidence in the audit process and the reliability ...

Super funds must improve reporting, audits: ASIC

JAMIE WILLIAMSON  |  TUESDAY, 30 SEP 2025
... members' confidence in the accuracy of information about the super funds that safeguard their retirement savings," ASIC commissioner Kate O'Rourke said. "However, when trustees and auditors do not adequately perform their roles as gatekeepers, there ...

ASIC appoints new chair, deputy chair and members to MDP

RIDDHIMA TALWANI  |  WEDNESDAY, 17 SEP 2025
... welcome the new MDP members and congratulate Weekes and Brittain on their appointments as chair and deputy chair," ASIC commissioner Simone Constant said. Those retiring alongside Gray include Anne Brown, Ian Chambers, Geoff Lauw and Dan Ritchie. "On ...