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Showing 61 - 70 of 476 results for "ASIC commissioner"

Half of advice, super complaints result in no remedy

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
... complaints to report for the full-year period. "This number is higher than ASIC expected," the report said. ASIC commissioner Alan Kirkland said it is important for firms to foster a positive complaints management culture, including a focus on gathering ...

ASIC narrows in on private market investments

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2024
ASIC commissioner Simone Constant said the corporate regulator is focused on driving consistency and transparency around super fund investments in the private market. "We have an ongoing dialogue with APRA's work around the valuation of unlisted assets ...

ASIC flags 'consistently weak' claims processes

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2024
... handling, the letter read. Appearing at the annual Association of Superannuation Funds of Australia conference, ASIC commissioner Simone Constant said she had chosen to write to trustees now as "this is too important to wait." "From [claimants'] perspective ...

Size of super industry on ASIC's radar

ELIZA BAVIN  |  FRIDAY, 15 NOV 2024
ASIC commissioner Simone Constant has told the ASIC Annual Forum that the regulator is watching potential risks to financial stability as the superannuation sector grows. Questioned on her thoughts around the recent Reserve Bank of Australia (RBA) report ...

ASIC cancels fewer AFSLs in FY24

KARREN VERGARA  |  FRIDAY, 11 OCT 2024
... FY23. It finalised 1246 AFSLs and credit licences, which was 15% less than the previous financial year of 1464. ASIC commissioner Alan Kirkland said: "ASIC's licensing and professional registration function plays a key gatekeeping role by ensuring ...

ASIC, RBA handed new financial market infrastructure powers

ANDREW MCKEAN  |  FRIDAY, 20 SEP 2024
... financial market infrastructures - the key entities that enable, facilitate, and support trading in capital markets. ASIC commissioner Simone Constant said the new laws create a "fit-for-purpose regulatory regime" for critical financial market infrastructure. ...

ASIC issues warning over shoddy DDO practices

JAMIE WILLIAMSON  |  TUESDAY, 10 SEP 2024
... issuers and distributors to reflect on the report's findings and improve their distribution practices," ASIC commissioner Alan Kirkland said.

Former ASIC commissioner joins Insignia Trustees

KARREN VERGARA  |  WEDNESDAY, 4 SEP 2024
A former ASIC commissioner will join Insignia Financial as the chair of its trustees business on September 19. Danielle Press also assumes the position of non-executive director at Insignia Financial Trustees, replacing Lindsay Smartt. Press had a five-year ...

Super funds fail to meet millennial members' expectations: ASIC roundtable

ANDREW MCKEAN  |  MONDAY, 2 SEP 2024
... that you deserve," Devine said. The roundtable, which also included financial content creator Queenie Tan and ASIC commissioner Simone Constant, highlighted a "significant transparency gap." Panellists discussed the need to improve access to information ...

ASIC proposes cash equity clearing and settlement rules

ANDREW MCKEAN  |  TUESDAY, 30 JUL 2024
... transparent and non-discriminatory basis with terms and conditions (including pricing) that are fair and reasonable." ASIC commissioner Simone Constant said it is moving quickly to develop and implement these rules, which require that, during the CHESS ...