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

Search Results

Showing 501 - 510 of 1464 results for "Investments Commission"

Victims push for new Trio fraud inquiry

LAURA MILLAN  |  FRIDAY, 9 AUG 2013
... Treasurer Chris Bowen and received no response. The VOFF have recently met with the Australian Securities and Investments Commission (ASIC). The regulator told the victims that before the Trio Fraud was unveiled it had made over a hundred recommendations ...

ASIC takes action against diamond trading scheme

LAURA MILLAN  |  WEDNESDAY, 7 AUG 2013
The Australian Securities and Investments Commission (ASIC) has started legal action against what could be an elaborate diamond trading scheme designed to avoid the operation of the consumer credit laws. ASIC filed proceedings in the Federal Court in ...

ASIC bans broker for deceptive conduct

JAMES FERNYHOUGH  |  TUESDAY, 6 AUG 2013
The Australian Securities and Investments Commission (ASIC) has permanently banned a Perth-based insurance broker after it found he had engaged in misleading and deceptive conduct. ASIC found that John Andrew Barr, of Darlington, Western Australia ...

New dark pool transparency rules introduced

MARK SMITH  |  TUESDAY, 6 AUG 2013
... markets. Bradbury said the announcement came in response to issues identified by the Australian Securities and Investments Commission (ASIC)'s dark pools and high frequency trading taskforces. "These rules provide improved investor protection in dark ...

ASIC admits Commonwealth FP investigation was "not adequate"

LAURA MILLAN  |  MONDAY, 5 AUG 2013
... within the Commonwealth Bank Financial Planning (CFP) unit was inadequate the Australian Securities and Investments Commission (ASIC) has admitted. ASIC recently submitted a 18-page document to the Parliamentary Joint Committee (PJC) that is investigating ...

Advice firms start to launch in post-FoFA regime

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
... the mid-90s," Handley told Financial Standard. "Now you are dealing with the Australian Securities and Investments Commission (ASIC) when you apply for the AFSL and you need to take into account all the new regulation." While a number of financial planning ...

ASIC wants more adviser record-keeping rules

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
The Australian Securities and Investments Commission (ASIC) has proposed that financial advisers improve the way they keep their records as part of the best interest duty obligation under the Future of Financial Advice (FoFA) regulation. In Consultation ...

ASIC cancels Perth stockbroker's licence

JAMES FERNYHOUGH  |  THURSDAY, 1 AUG 2013
... its Australian financial services licence (AFSL) over compliance issues. The Australian Securities and Investments Commission (ASIC) found Stellar Securities had failed to comply with conditions of its AFSL including its financial requirement conditions. ...

Senior CBA exec puts blame on the bank for Storm disaster

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
... Capital in January 2009. A document detailing an examination to Bailey by the Australian Securities and Investments Commission (ASIC) in 2009 was included in the Federal Court Class action currently running in Brisbane against CBA, litigator Levitt Robinson ...

Regulator taking a "facilitative" approach to change

ALICE URIBE  |  THURSDAY, 1 AUG 2013
The Australia Securities and Investments Commission (ASIC) chairman Greg Medcraft reiterated his support to the financial services industry as it grapples with the implementation of regulatory changes, saying that the regulator would take a "facilitative" ...