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Showing 31 - 40 of 61 results for "Cathie Armour"

Westpac cops BBSW fine

HARRISON WORLEY  |  MONDAY, 12 NOV 2018
... the ruling, Westpac is also set to pay ASIC's costs of and incidental to the penalty hearing. ASIC Commissioner Cathie Armour was pleased with the court's ruling, and added ASIC moved litigation against the banks to hold them to account. "ASIC brought ...

ASIC bans former adviser on IPO conduct

KANIKA SOOD  |  WEDNESDAY, 27 JUN 2018
... providing financial services if they engage in conduct that undermines the integrity of our markets," ASIC commissioner Cathie Armour said. Following a hearing, the ASIC delegate found Kawecki had failed to comply with a financial services law by knowingly ...

ASIC wants industry views on short selling

DARREN SNYDER  |  TUESDAY, 15 MAY 2018
... consultation, ASIC aims to consolidate all short selling-related relief into a single instrument. ASIC commissioner Cathie Armour said: "It is important that short selling continues to be regulated appropriately so that our market remains orderly and ...

ASIC to target non-compliant advisers and AFSLs

JAMIE WILLIAMSON  |  THURSDAY, 1 MAR 2018
... that could create harm, ASIC will take enforcement action to protect investors and consumer," ASIC commissioner Cathie Armour said. Over the course of the six month period to 31 December 2017, ASIC undertook a total of 63 investigations, 61 of which ...

Most investors shun credit ratings: Poll

KARREN VERGARA  |  MONDAY, 26 FEB 2018
... Authority (ESMA), created in 2011, aim to hold agencies accountable and protect investors, CFR said. ASIC commissioner Cathie Armour said credit rating agencies "play an important role in our market by giving market users, for example, investors, issuers ...

SMEs lack cybersecurity resilience: ASIC

KARREN VERGARA  |  MONDAY, 4 DEC 2017
... systems and data. All firms indicated that these were priority areas for the next investment period. ASIC Commissioner Cathie Armour said: "Cyber resilience is now widely regarded as one of the most significant concerns for the financial markets sector ...

Sydney licensee caught out on conflicts

JAMIE WILLIAMSON  |  MONDAY, 27 NOV 2017
... by those stockbrokers of sell-side research on securities should be independent and objective," ASIC commissioner Cathie Armour said. "Ensuring this conduct meets these standards directly is necessary to ensure the integrity of financial markets and ...

Former BBY adviser cops 10-year ban

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2017
... that was inconsistent or contrary to, the investment strategy agreed in the Statement of Advice. ASIC commissioner Cathie Armour said: "Financial advisers are expected to act with honesty and in the interests of their clients. ASIC will take action against ...

ASIC raises concerns over NSX listings

KARREN VERGARA  |  TUESDAY, 29 AUG 2017
... implementation of the agreed actions and to provide a report on the findings by 31 March 2018. ASIC commissioner Cathie Armour said: "Listing standards are critical to the integrity of the Australian equities market, and the trust and confidence investors ...

Macquarie to pay $2m following ASIC probe

ALEX BURKE  |  MONDAY, 22 MAY 2017
... markets and the proper functioning of this market is of vital importance to the Australian economy," ASIC commissioner Cathie Armour said. "ASIC has now accepted undertakings from some of Australia's largest market participants to put in place forward ...