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Showing 41 - 50 of 125 results for "Joe Longo"

ASIC calls out trustees 'passing the buck' on super switching

KARREN VERGARA  |  THURSDAY, 31 JUL 2025
... address at the Financial Services Council's (FSC) Shaping advice in a time of change event yesterday, ASIC chair Joe Longo reiterated that the regulators are investigating the entire ecosystem that propped up aggressive super-switching schemes, starting ...

ASIC sues Fortnum Private Wealth

KARREN VERGARA  |  TUESDAY, 22 JUL 2025
... criminals. "As the matter is now before the Courts, FPW is unable to make further comment at this time." ASIC chair Joe Longo said: "Fortnum's alleged failure to adequately manage cybersecurity risks exposed the company, its representatives and their ...

Funeral insurer fined $4.75m

MATTHEW WAI  |  FRIDAY, 11 JUL 2025
... study in the Royal Commission into misconduct in the banking, superannuation and financial services industry. ASIC chair Joe Longo said the penalty is a "strong deterrent" to anyone who tries to take advantage of Aboriginal consumers by making false ...

RBA powers deemed 'last resort' for critical financial infrastructure fallout

MATTHEW WAI  |  TUESDAY, 1 JUL 2025
... settlement failure that occurred in December last year being folded into the broader inquiry. Previously, ASIC chair Joe Longo said the new rules will limit ASX's ability to misuse its "monopoly power", while establishing long-term confidence in the ...

ASIC appoints ASX inquiry panel

MATTHEW WAI  |  THURSDAY, 26 JUN 2025
... Guy Debelle, who is also a board member of the Clean Energy Finance Corporation, e61 and Tivan. Commenting, ASIC chair Joe Longo said: "Rob, Christine and Guy bring a wealth of experience in their roles as members of ASX top 20 boards and government ...

ASIC launches fresh inquiry into ASX

KARREN VERGARA  |  MONDAY, 16 JUN 2025
... be led by a panel that will make recommendations to address any identified shortcomings or deficiencies. ASIC chair Joe Longo said the decision to initiate an inquiry follows repeated and serious failures. "ASX operates Australia's critical markets infrastructure. ...

ASIC reads the riot act to the super industry: Longo

ANDREW MCKEAN  |  FRIDAY, 13 JUN 2025
ASIC chair Joe Longo has hailed the superannuation industry's $4.1 trillion war chest, which is larger than the ASX's total market capitalisation, as an impressive achievement. But for all its size and influence, Longo reinforced at the AmCham Regulator ...

Telegram pump and dump schemers plead guilty

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JUN 2025
... to share with the public Telegram group, doing so with the intention of pumping the price before selling. ASIC chair Joe Longo said the guilty pleas reflected the strength of ASIC's case and its commitment to acting against unlawful conduct that undermines ...

ASIC shrinks IPO timetable to boost listings

MATTHEW WAI  |  TUESDAY, 10 JUN 2025
... and the issue of shares and quotation will still only occur once the exposure period has ended, ASIC said. ASIC chair Joe Longo said the initiatives are a direct response to its discussion paper released in February. "Earlier this year, we outlined our ...

Stakeholders ask ASIC for tougher private markets regulation

KARREN VERGARA  |  WEDNESDAY, 4 JUN 2025
... together, they drive more investment, more opportunities for companies to grow, and more jobs for Australians," ASIC chair Joe Longo said. "I was encouraged by the breadth and richness of the responses we received, which recognised this is a timely discussion ...