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Showing 31 - 40 of 131 results for "Medcraft"

ASIC looking to introduce civil laws to punish corporates

DARREN SNYDER  |  WEDNESDAY, 3 JUN 2015
Australian Securities and Investments Commission (ASIC) chairman Greg Medcraft has told a Senate Estimates hearing that the big six banks and regional counterparts have no excuse for poor corporate culture. During today's hearing Medcraft said ASIC ...

ASIC and RBA issue property bubble warning

MARK SMITH  |  TUESDAY, 19 MAY 2015
Australian Securities and Investments Commission (ASIC) chairman Grag Medcraft says the Sydney and Melbourne housing markets look a lot like bubbles. "I am quite worried about the Sydney and Melbourne property markets. In housing, the long-term average ...

ASIC penalties 'like being hit with a lettuce leaf': Murray

LAURA MILLAN  |  WEDNESDAY, 25 MAR 2015
... chair David Murray said. Speaking at a panel session at the ASIC summit, only two seats away from ASIC chairman Greg Medcraft, Murray said: "The penalty regime in ASIC is like being hit with a lettuce leaf, it's just not strong enough." He hinted that ...

Abuse of reporting rules widespread: Medcraft

MARK SMITH  |  MONDAY, 23 MAR 2015
Australian Securities and Investments Commission (ASIC) chairman Greg Medcraft has highlighted companies "abuse" of breach reporting rules. The head of the industry watchdog made the comments in front of a Senate public hearing in Sydney on Friday following ...

Hagger defends NAB advice, brushes off independent review

ALEX BURKE  |  MONDAY, 9 MAR 2015
... undertaking is unnecessary. "We will do some form of look-back process that we will agree on with ASIC. We have written to Greg Medcraft in that regard and we will work through a process that is appropriate to our circumstances. We are appointing an ...

Medcraft addresses ASIC's NAB response

ALEX BURKE  |  THURSDAY, 26 FEB 2015
In his opening statement to the Senate Economics Legislation Committee, ASIC chair Greg Medcraft addressed the recent media coverage of NAB Wealth's compensation to its advice clients. "We have started our information gathering from NAB Wealth using ...

ASIC chair discloses travel expenses

ALEX BURKE  |  WEDNESDAY, 4 FEB 2015
ASIC chair Greg Medcraft has revealed a $45,000 travel expense budget in the six months to December 2014. This figure includes expenses for Medcraft and his staff, and covers trips to London, Milan and Rio di Janeiro for meetings pertaining to Medcraft's ...

ASIC national exam proposal lacks evidence: CMCRC

ALEX BURKE  |  TUESDAY, 20 JAN 2015
ASIC chair Greg Medcraft's call for a national adviser examination is flawed, according to Capital Markets Cooperative Research Centre (CMCRC) chief executive Michael Aitken. While recognising Medcraft's good intentions, Professor Aitken argued that ...

Medcraft backs national adviser exam

MARK SMITH  |  TUESDAY, 13 JAN 2015
Australian Securities and Investments Commission (ASIC) chairman Greg Medcraft has come out in support of a new national exam for financial advisers. Medcraft backed the proposal in an op-ed published in the Australian Financial Review. "I strongly ...

FS Advice: Medcraft's appalling speech

LAURA MILLAN  |  FRIDAY, 12 DEC 2014
Check out the latest edition of the FS Advice newsletter here Last week, ASIC chairman Greg Medcraft's outburst about financial planning got everyone talking. He used the words "absolutely appalling" when referring to the fact that Australian consumers ...