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Showing 61 - 70 of 1072 results for "Commissioner"

Greenwashing remains an enforcement priority: ASIC

MICHELLE BALTAZAR  |  THURSDAY, 29 MAY 2025
... update on greenwashing as an enforcement priority that had everyone's attention at an industry conference. ASIC commissioner Kate O'Rourke opened Day 2 of the RIAA Conference today with a presentation on sustainability reporting disclosure requirements ...

Large penalties against super funds are appropriate: ASIC

ELIZA BAVIN  |  THURSDAY, 29 MAY 2025
ASIC commissioner Simone Constant told Financial Standard that many super fund trustees have taken accountability for not meeting their requirements to members, know they need to improve and accept the penalties that are brought against them. However ...

ASIC tells super: 'You have everything you need to not fail'

ELIZA BAVIN  |  WEDNESDAY, 28 MAY 2025
ASIC commissioner Simone Constant has told Financial Standard the regulator has super funds in its sights for more than just claims handling delays. "The main focus is on member services more generally, this is a multi-year phased project" Constant ...

Criminal attacks, human error drive data breaches

JAMIE WILLIAMSON  |  WEDNESDAY, 14 MAY 2025
The number of data breaches reported to the Office of the Australian Information Commissioner (OAIC) rose 25% in 2024; 54 or 9% of which occurred at financial services organisations. New statistics from the OAIC show there was a total of 1113 notifications ...

Industry bodies call for delay to Payday Super

JAMIE WILLIAMSON  |  FRIDAY, 9 MAY 2025
... disclosures of historical shortfalls without penalty and to remediate 'honest mistakes' without penalty. Give the Commissioner remission powers to fully or partially remit penalties where there are no signs of deliberate non-compliance. "Payday ...

Macquarie reprimanded again for derivatives compliance failures

KARREN VERGARA  |  WEDNESDAY, 7 MAY 2025
... failure to escalate a response and the "systemic issues regarding the culture and reporting within Macquarie." ASIC commissioner Simone Constant said: "Our intervention underscores our concern with the recurrent nature of Macquarie's failures, which ...

New ACCC chief named

ELIZA BAVIN  |  TUESDAY, 6 MAY 2025
The Australian Competition and Consumer Commission (ACCC) has appointed Sarah Proudfoot as chief executive. Despite also conducting an external search, Proudfoot started with the ACCC in 2005 when she joined the agency's Infocentre. She has since held ...

ASIC asks for input on reportable situations, IDR dashboards

JAMIE WILLIAMSON  |  THURSDAY, 10 APR 2025
... access to this data at firm level, further encouraging confident and informed participation in the financial system," commissioner Alan Kirkland said. The reportable situations data published would include significant breaches of core obligations and ...

Three AFS licensees pinged over compliance breaches

ANDREW MCKEAN  |  WEDNESDAY, 9 APR 2025
... requirement for financial advisers and working to raise awareness with licensees and relevant providers. In January, ASIC commissioner Alan Kirkland warned that a failure to comply with the registration requirement could incur significant consequences ...

Investors called on to help end modern slavery

ELIZA BAVIN  |  THURSDAY, 3 APR 2025
Australian anti-slavery commissioner Chris Evans has told the Australian Council of Superannuation Investors (ACSI) summit that he will be pushing for tougher penalties on those who have not done enough to abolish slavery from their supply chains. "As ...