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Showing 41 - 50 of 92 results for "John Price"

ASIC signs fintech agreement with Indonesia

EMMA RAPAPORT  |  MONDAY, 24 APR 2017
... offering services including insurance, investment, financing, peer-to-peer lending and crowd funding. ASIC Commissioner John Price commented that fintechs should not be constrained by national borders and that it is fundamental that Australia leverages ...

ASIC cancels responsible entity AFSL

EMMA RAPAPORT  |  WEDNESDAY, 12 APR 2017
... notify ASIC of significant breaches within the required timeframe. Commenting on the cancellation, ASIC commissioner John Price said, "A responsible entity needs to ensure a managed investment scheme is operated in accordance with the Corporations Act." ...

mFund to expand product offering

JAMIE WILLIAMSON  |  THURSDAY, 22 DEC 2016
... given the current version of the PDS and any supplementary PDS that apply to the particular fund." ASIC commissioner John Price said the regulator is supportive of innovation that can benefit consumers and provide efficiencies to the industry. "By extending ...

ASIC approves world-first fintech exemptions

ALEX BURKE  |  THURSDAY, 15 DEC 2016
... the regulator is notified in advance and businesses meet "certain consumer protection conditions." ASIC commissioner John Price explained: "ASIC's fintech licensing exemption reflects our commitment to facilitating innovation in financial services. However ...

ASIC permanently bans dishonest adviser

KERRIE SYDEE  |  MONDAY, 31 OCT 2016
... use of $1.8 million from clients led to ASIC finding that he was not of good fame and character. ASIC commissioner John Price said: "ASIC will take action to remove persons from the financial services industry to protect the public. Mr Howard's conduct ...

Self-auditing SMSF auditor caught in ASIC breach

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2016
... Samuel) is not a fit and proper person to be an approved SMSF auditor for the purposes of the Act." ASIC commissioner John Price said the regulator will continue to take action where the behavior of SMSF auditors is inadequate. "SMSF auditors play a ...

Equititrust CEO remains permanently banned

KERRIE SYDEE  |  THURSDAY, 20 OCT 2016
... application for a review of ASIC's decision to permanently ban him from providing financial services. ASIC commissioner John Price said McIvor's conduct was at the most serious end of the offending range and that it was appropriate he be permanently ...

ASIC drops proceedings against two former directors

KERRIE SYDEE  |  THURSDAY, 22 SEP 2016
... understand properly those deficiencies; and the clear need to uphold the integrity of the SMSF system." ASIC Commissioner John Price said: "To safeguard the SMSF sector, ASIC will continue to use its power to disqualify approved SMSF auditors that don't ...

Regulatory sandbox exemption welcomed

KERRIE SYDEE  |  THURSDAY, 9 JUN 2016
... between leaders in the fintech community, ASIC and Federal Treasury that started late last year." ASIC commissioner John Price said: "We believe the measures proposed in this consultation paper will help to lower barriers to entry faced by fintech start-ups ...

MFSIM execs use $143.5m in client money to repay debts

KERRIE SYDEE  |  TUESDAY, 24 MAY 2016
... company also seem... to qualify them as its 'high managerial agents.'" Commenting on the findings, ASIC commissioner John Price said: "Company officers, including directors, play a very important role as gatekeepers in Australia's financial system. In ...