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Showing 51 - 60 of 129 results for "Greg Medcraf"

Market wrap AM

AAP  |  TUESDAY, 24 JUN 2014
The Australian market looks set to open flat after Wall Street finished little changed following mixed economic data while investors keep watch on continued unrest in major oil-producer Iraq. At 0645 AEST on Tuesday, the September share price index ...

Budget cuts force ASIC to axe surveillance

LAURA MILLAN  |  WEDNESDAY, 4 JUN 2014
The cuts to the funding of the Australian Securities and Investments Commission (ASIC) have forced the regulator to axe proactive surveillance in a number of areas. ASIC chairman Greg Medcraft told the Senate Economics Committee during a budget estimates ...

ASIC budget cuts send the wrong message: Greens

LAURA MILLAN  |  MONDAY, 2 JUN 2014
Cuts to the funding of the Australian Securities and Investments Commission (ASIC) send the wrong message to would-be criminals, Greens Senator Peter Whish-Wilson said. Whish-Wilson spoke after ASIC chairman Greg Medcraft said that ASIC will have to ...

ASIC reviews misleading promotion of hybrids

JAMES FERNYHOUGH  |  FRIDAY, 30 MAY 2014
Hybrid securities providers can expect a high level of scrutiny from the Australian Securities and Investments Commission (ASIC), according to the regulator's chairman Greg Medcraft. Speaking at the Stockbrokers Association of Australia's annual conference ...

CBA forced to review poor compensation methods

LAURA MILLAN  |  MONDAY, 19 MAY 2014
Commonwealth Financial Planning and Financial Wisdom will have to reopen compensation processes for more than 4,000 clients after its methods were found to be inconsistent and disadvantaged customers. The Australian Securities and Investments Commission ...

Front-runners

BENJAMIN ONG  |  MONDAY, 7 APR 2014
In big picture terms, not much happened last week. Yes Virginia, the Reserve Bank of Australia (RBA) kept policy unchanged - as expected. The European Central Bank (ECB) guided forward but also stayed on the sidelines. US non-farm payrolls added another ...

Australia has softer approach to corporate wrongdoing

LAURA MILLAN  |  FRIDAY, 21 MAR 2014
Australia has a softer approach than other countries to corporate wrongdoing, a report by the Australian Securities and Investments Commission (ASIC) released today found. Report 387 Penalties for corporate wrongdoing compared penalties in Australia ...

Better ASIC-AFP relationship could lead to more prosecutions

LAURA MILLAN  |  MONDAY, 24 FEB 2014
There could be more legal prosecutions if the "inefficient" relationship between the Australian Securities and Investments Commission (ASIC) and the Australian Federal Police (AFP) was remedied, the Senate Economics Reference Committee has heard. ASIC ...

ASIC could implement immediate suspension of advisers

STAFF WRITER  |  THURSDAY, 20 FEB 2014
The Australian Securities and Investments Commission (ASIC) could implement the immediate suspension of "bad-apple" advisers if it had powers to do it. ASIC senior leaders were asked about this issue during yesterday's public hearing of the Senate Economics ...

ASIC enhances whistleblower communication

LAURA MILLAN  |  WEDNESDAY, 19 FEB 2014
The Australian Securities and Investments Commission (ASIC) is taking steps to improve whistleblower communication and protection, one of the main concerns that prompted the Senate inquiry into the regulator's performance. ASIC chairman Greg Medcraft ...