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Showing 51 - 60 of 131 results for "Medcraft"

ASIC changes depend on the government: Medcraft

LAURA MILLAN  |  FRIDAY, 27 JUN 2014
... depend on the level of resilience that the government wants from the financial services regulator, ASIC chairman Greg Medcraft said. Medcraft spoke at a media conference the day after the Senate Economics Committee made public the final report after ...

Investors should take responsibility for themselves: Medcraft

LAURA MILLAN  |  WEDNESDAY, 25 JUN 2014
... core part of the financial services system, the Australian Securities and Investments Commission (ASIC) chairman Greg Medcraft said, ahead of the Senate report on the inquiry into the regulator. The Senate Economics Committee is expected to report its ...

Market wrap AM

AAP  |  TUESDAY, 24 JUN 2014
... points at 5,413. Locally, in economic news on Tuesday, Australian Securities and Investments Commission chairman Greg Medcraft is slated to speak at an Australian Institute of Company Directors lunch in Sydney. In equities news, Nexus Energy has a creditors ...

Budget cuts force ASIC to axe surveillance

LAURA MILLAN  |  WEDNESDAY, 4 JUN 2014
... 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 hearing that changes to the regulator's activity were ...

ASIC budget cuts send the wrong message: Greens

LAURA MILLAN  |  MONDAY, 2 JUN 2014
... 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 rely more on whistleblowers to remain effective, after the latest government budget cut its ...

ASIC reviews misleading promotion of hybrids

JAMES FERNYHOUGH  |  FRIDAY, 30 MAY 2014
... 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, Medcraft said that ASIC is currently reviewing ...

CBA forced to review poor compensation methods

LAURA MILLAN  |  MONDAY, 19 MAY 2014
... However, it added that Commonwealth Financial Planning "is now a significantly transformed business." ASIC chairman Greg Medcraft stressed that the problems identified were not with the file reviews done or with the amounts of compensation offered. "The ...

Front-runners

BENJAMIN ONG  |  MONDAY, 7 APR 2014
... running and skimming is systematic fraud, plain and simple... and legalised fraud brings distrust. ASIC chairman Greg Medcraft says it best when he told theA Australian Financial ReviewA that, "If people can't have trust and confidence in the market ...

Australia has softer approach to corporate wrongdoing

LAURA MILLAN  |  FRIDAY, 21 MAR 2014
... provide financial services without a license. "Tough penalties have a powerful deterrent effect," ASIC chairman Greg Medcraft said. "At the lower end of the scale, more proportionate sanctions can work better. For example, infringement notices can provide ...

Better ASIC-AFP relationship could lead to more prosecutions

LAURA MILLAN  |  MONDAY, 24 FEB 2014
... Economics Reference Committee public hearing on the inquiry about the performance of the regulator. ASIC chairman Greg Medcraft said that at the moment ASIC monitors AFP investigations to make sure that if a case was not going to be pursued as a criminal ...