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Showing 661 - 670 of 1076 results for "Commissioner"

Macquarie to pay $2m following ASIC probe

ALEX BURKE  |  MONDAY, 22 MAY 2017
... financial markets and the proper functioning of this market is of vital importance to the Australian economy," ASIC commissioner Cathie Armour said. "ASIC has now accepted undertakings from some of Australia's largest market participants to put in place ...

Senior ATO official tangled in $165m fraud scandal

JAMIE WILLIAMSON  |  THURSDAY, 18 MAY 2017
... relation to an Australian Federal Police investigation into an alleged $165 million tax evasion syndicate. Deputy tax commissioner Michael Cranston was issued with a court attendance notice and is expected to be charged with abusing his position as a ...

ASIC bans former Avestra directors

ALEX BURKE  |  WEDNESDAY, 17 MAY 2017
... enabled Avestra to act with a systematic and serious disregard of its fiduciary and regulatory obligations." ASIC commissioner John Price added: "The findings of the Federal Court in this matter make very clear that responsible entities are required ...

ATO pushes back SMSF returns deadline

KARREN VERGARA  |  MONDAY, 15 MAY 2017
... pressure in meeting annual SMSF lodgment in addition to providing advice to clients about the changes, ATO deputy commissioner James O'Halloran said. "Accountants, tax agents and SMSF advisers play a key role in ensuring that their SMSF clients are ready ...

ATO hits back at claims of inadequacy

EMMA RAPAPORT  |  FRIDAY, 5 MAY 2017
... payments has exacerbated the growing problem of non-compliance. In a press release issued yesterday, the ATO deputy commissioner James O'Halloran said the ATO recognises the importance of the superannuation guarantee in providing for people's retirement ...

FPA appoints conduct commission chair

EMMA RAPAPORT  |  FRIDAY, 5 MAY 2017
... deputy CRC chair on 1 July 2017, following his current term as chief executive of the Legal Services Council and Commissioner for Uniform Legal Services Regulation.

Poor compliance sees AFSL suspended

JAMIE WILLIAMSON  |  MONDAY, 1 MAY 2017
... and custodial or depository services other than investor directed portfolio services for wholesale clients. ASIC commissioner John Price said: "Licensees are required to lodge financial statements and auditor reports with ASIC to demonstrate their capacity ...

ASIC signs fintech agreement with Indonesia

EMMA RAPAPORT  |  MONDAY, 24 APR 2017
... Providers are 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 ...

Banks must overhaul product-based incentives

KARREN VERGARA  |  WEDNESDAY, 19 APR 2017
... rather assessed on an individual's contribution across a range of measures, said former Australian Public Service Commissioner Stephen Sedgwick. He was appointed by the Australian Bankers' Association to lead the independent review of product sales commissions ...

ASIC cancels responsible entity AFSL

EMMA RAPAPORT  |  WEDNESDAY, 12 APR 2017
... timeframe; and 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 ...