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Showing 41 - 50 of 471 results for "ASIC Commissioner"

ASIC puts 18 finfluencers on notice amid global campaign

JAMIE WILLIAMSON  |  THURSDAY, 12 JUN 2025
... credibility. Check their credentials and whether they're licensed or authorised, before checking your money out," ASIC commissioner Alan Kirkland said. "We are seeing a pattern where these unlicensed finfluencers invite consumers to join their closed ...

Greenwashing remains an enforcement priority: ASIC

MICHELLE BALTAZAR  |  THURSDAY, 29 MAY 2025
... update on greenwashing as an enforcement priority that had everyone's attention at an industry conference. ASIC commissioner Kate O'Rourke opened Day 2 of the RIAA Conference today with a presentation on sustainability reporting disclosure requirements ...

Large penalties against super funds are appropriate: ASIC

ELIZA BAVIN  |  THURSDAY, 29 MAY 2025
ASIC commissioner Simone Constant told Financial Standard that many super fund trustees have taken accountability for not meeting their requirements to members, know they need to improve and accept the penalties that are brought against them. However ...

ASIC tells super: 'You have everything you need to not fail'

ELIZA BAVIN  |  WEDNESDAY, 28 MAY 2025
ASIC commissioner Simone Constant has told Financial Standard the regulator has super funds in its sights for more than just claims handling delays. "The main focus is on member services more generally, this is a multi-year phased project" Constant ...

Macquarie reprimanded again for derivatives compliance failures

KARREN VERGARA  |  WEDNESDAY, 7 MAY 2025
... failure to escalate a response and the "systemic issues regarding the culture and reporting within Macquarie." ASIC commissioner Simone Constant said: "Our intervention underscores our concern with the recurrent nature of Macquarie's failures, which ...

Three AFS licensees pinged over compliance breaches

ANDREW MCKEAN  |  WEDNESDAY, 9 APR 2025
... requirement for financial advisers and working to raise awareness with licensees and relevant providers. In January, ASIC commissioner Alan Kirkland warned that a failure to comply with the registration requirement could incur significant consequences ...

Not one trustee tracked end-to-end claims handling times: ASIC

ANDREW MCKEAN  |  MONDAY, 31 MAR 2025
... with the fastest trustee resolving 48% of cases within that timeframe, compared to just 8% for the slowest. ASIC commissioner Simone Constant said while some trustees demonstrated good handling practices and were providing helpful services to claimants ...

ASIC recommends standards for virtual AGMs

ELIZA BAVIN  |  THURSDAY, 27 MAR 2025
... participation and the potential misconceptions by members that these are hybrid meetings." After publishing the report, ASIC commissioner Karte O'Rourke elaborated on the regulators expectations when speaking at the Australasia Investor Relations Association ...

'Less revenue for us': AustralianSuper on closing multiple accounts

ELIZA BAVIN  |  THURSDAY, 27 FEB 2025
... Senator Andrew Bragg, reading from the judgement that was recently handed down against AustralianSuper, asked ASIC commissioner Sarah Court about the communications. "You obtained internal communications that read, 'It benefits the member by stopping ...

Bragg accuses ASIC of secrecy

ELIZA BAVIN  |  THURSDAY, 20 FEB 2025
... and proceedings against superannuation funds when it comes to claims handling delays. The back and forth with ASIC commissioner Simone Constant consisted largely of Constant repeating the regulator cannot comment on ongoing investigations and/or proceedings. ...