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Showing 51 - 60 of 125 results for "Joe Longo"

Macquarie raked over the coals again by ASIC

ANDREW MCKEAN  |  WEDNESDAY, 14 MAY 2025
... regulatory data for 633,680 orders submitted to the market operator between November 2022 and March 2023. ASIC chair Joe Longo claimed that Macquarie's alleged blunders possibly led to the financial services industry "relying on misleading and false ...

ASIC tiptoes around private markets intervention

KARREN VERGARA  |  WEDNESDAY, 2 APR 2025
ASIC chair Joe Longo is keeping all options open before the corporate watchdog is forced to intervene in the private markets, he told the Australian Council of Superannuation Investors (ACSI) this morning. Longo said ASIC is prepared to engage with ...

Not one trustee tracked end-to-end claims handling times: ASIC

ANDREW MCKEAN  |  MONDAY, 31 MAR 2025
... have a grip on the fund's data, systems and processes - and ultimately it's the customers who suffer...," ASIC chair Joe Longo said. "This kind of disconnect is unacceptable in any area of corporate Australia, but in the superannuation sector it is particularly ...

RBA and ASIC slam the ASX: 'Deeply disappointed'

ELIZA BAVIN  |  MONDAY, 31 MAR 2025
... deep concerns with ASX's management of the CHESS system, and we will continue to consider further action," ASIC chair Joe Longo said. "The technical review of ASX's core technology infrastructure is necessary given the ongoing concerns the regulators ...

ASIC, ASFA spar over super fund trustees 'not knowing' their business

ANDREW MCKEAN  |  THURSDAY, 13 MAR 2025
ASIC chair Joe Longo has torched the superannuation sector, branding it the "poster child" for what can and does go wrong when governance implodes, while accusing directors of "not knowing" their business. In a speech at the Australian Institute of ...

ASIC slaps FIIG Securities with lawsuit

JAMIE WILLIAMSON  |  THURSDAY, 13 MAR 2025
... software and operating systems; and failed to provide mandatory training to staff on cybersecurity awareness. ASIC chair Joe Longo said the matter should serve as a wake-up call to all companies. "Cybersecurity isn't a set and forget matter. All ...

ASIC turns up the heat on private markets

KARREN VERGARA  |  WEDNESDAY, 26 FEB 2025
... publicly indicated their intention to increase their exposure to private market assets," the report read. ASIC chair Joe Longo said: "Public and private markets support one another, and both are critical to our economy, so it's important we approach ...

ASIC clearing and settlements powers to curb ASX monopoly

KARREN VERGARA  |  TUESDAY, 25 FEB 2025
... Settlement and Austraclear. The ASX has three months to prepare in the lead up to the new rules taking effect. ASIC chair Joe Longo said: "This is about limiting ASX's ability to misuse its monopoly power to deter new entrants." Longo said the new ...

ASIC names new chief executive

MATTHEW WAI  |  FRIDAY, 17 JAN 2025
... Apple, ASIC said. Gregson was also instrumental in the recent ACCC digital and data transformation program. ASIC chair Joe Longo described Gregson as an "impressive leader" and noted the appointment follows the organisation's most significant redesign ...

Traders left scrambling over ASX settlement outage

MATTHEW WAI  |  MONDAY, 23 DEC 2024
... our markets. We believe this was a collective failure by the ASX board and senior executives at the time," ASIC chair Joe Longo said. "We expect the ASX to be a place to list and invest with confidence. When the ASX falls short, it has wide ranging consequences ...