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Showing 681 - 690 of 1076 results for "Commissioner"

mFund to expand product offering

JAMIE WILLIAMSON  |  THURSDAY, 22 DEC 2016
... has been 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. ...

Two of the big four in ASIC spotlight

ALEX BURKE  |  THURSDAY, 22 DEC 2016
... "A well-functioning foreign exchange market depends on all participants acting with integrity and fairness," ASIC commissioner Cathie Armour said. "ASIC is committed to ensuring that major financial institutions have in place effective mechanisms for ...

Super headaches from ATO system crash

DARREN SNYDER  |  TUESDAY, 20 DEC 2016
... Monday 12 December, and as of yesterday ATO staff were still working through the restoration of several services. Commissioner of Taxation Chris Jordan said the outage was an extremely unusual and unfortunate event caused by "a significant and unprecedented ...

NAB farewells two directors

ALEX BURKE  |  MONDAY, 19 DEC 2016
... University Foundation, the Cape York Partnership and the Menzies School of Health Research. Segal, meanwhile, is former commissioner and deputy chair at ASIC; she was a review member of the Dawson Review into the Trade Practices Act, and was also a partner ...

ASIC approves world-first fintech exemptions

ALEX BURKE  |  THURSDAY, 15 DEC 2016
... assuming 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. ...

Archaic gender rules mask super benefits

JAMIE WILLIAMSON  |  WEDNESDAY, 14 DEC 2016
... to treat someone as their birth gender even if they are a recognised transgender person. Australian Human Rights Commissioner Edward Santow says the exemption highlights an inconsistency across Australian states regarding the protection against discrimination ...

ASIC falls on fund disclosure sword

DARREN SNYDER  |  WEDNESDAY, 30 NOV 2016
... transition period for funds to comply with updated fee and cost disclosure requirements under RG97. In September, ASIC Commissioner Greg Tanzer told the Australian Superannuation Investment (ASI) conference that the regulator previously knocked back ...

Super objective crucial to Commission review

DARREN SNYDER  |  MONDAY, 28 NOV 2016
... accompanied by 22 assessment criteria, and supported by 89 overlapping indicators for competition and efficiency. Commissioner Angela MacRae made it clear the assessment is not about comparing the performance of individual super funds or products. "This ...

Former adviser receives jail sentence

KERRIE SYDEE  |  WEDNESDAY, 16 NOV 2016
... securities on the ASX for himself, paying for losses in other trading accounts he held and paying off personal debts. ASIC commissioner Greg Tanzer said: "Wise repeatedly engaged in dishonest conduct, putting his own interests ahead of his clients. This ...

Company director jailed after mishandling funds

KERRIE SYDEE  |  MONDAY, 14 NOV 2016
... eligible for parole after serving two years imprisonment, taking into account time already served in custody. ASIC commissioner said: "Hansen's actions betrayed the trust of his investors and caused them significant hardship. Today's decision shows that ...