Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 61 - 70 of 558 results for "Joe"

Societe Generale fined $3.88m

ELIZA BAVIN  |  TUESDAY, 2 SEP 2025
... about integrity and confidence in our markets that can have real world impacts on electricity and wheat prices," ASIC chair Joe Longo said. "ASIC contacted SocGen on five occasions in 2023 to serve notices, ask questions or raise concerns about volatility ...

ASIC flags firm grip on private and public markets, super funds

KARREN VERGARA  |  WEDNESDAY, 27 AUG 2025
... culminated in several managed investment scheme failures such as the Shield Master Fund and First Guardian Master Fund. ASIC chair Joe Longo commented: "We direct our efforts and finite resources to areas where we see the greatest risks and potential ...

ASIC warns of 'sharp rise' in financial misconduct

MATTHEW WAI  |  THURSDAY, 21 AUG 2025
... related conduct. It added that, to June 30, it has shut down an average of 130 scam websites each week. Commenting, ASIC chair Joe Longo said the data underscores ASIC's focus on consumer and retail investor protection. "This data shows exactly why we ...

ASIC to review RG97 to boost property supply

JAMIE WILLIAMSON  |  WEDNESDAY, 13 AUG 2025
... disclosures. "This is exactly the sort of actionable idea to address regulatory issues ASIC is open to testing," ASIC chair Joe Longo said. "We want to ensure red tape isn't unnecessarily holding back investments." The review will also consider whether ...

Decade-long ban for UGC director upheld

MATTHEW WAI  |  WEDNESDAY, 13 AUG 2025
The Administrative Review Tribunal has upheld ASIC's decision to ban United Global Capital (UGC) director Joel James Hewish for 10 years, after he lodged a review of the ban handed down in June 2024. The Tribunal conducted two hearings since the application ...

ASX flags up to $35m in additional operating costs

ELIZA BAVIN  |  THURSDAY, 7 AUG 2025
... uplifting operational management and resilience." The ASX share price dropped as much as 9% after the announcement. ASIC chair Joe Longo said the inquiry into the ASX was launched because of repeated failures. "ASX operates Australia's critical markets ...

ASIC says Cboe listing will 'foster competition'

ELIZA BAVIN  |  THURSDAY, 7 AUG 2025
... public markets. "These measures promote Australia as an attractive destination for international capital," it said. ASIC chair Joe Longo welcomed the opportunity to engage with the government on its priority to improve Australia's productivity growth. ...

ASIC calls out trustees 'passing the buck' on super switching

KARREN VERGARA  |  THURSDAY, 31 JUL 2025
... In his address at the Financial Services Council's (FSC) Shaping advice in a time of change event yesterday, ASIC chair Joe Longo reiterated that the regulators are investigating the entire ecosystem that propped up aggressive super-switching schemes ...

ASIC sues Fortnum Private Wealth

KARREN VERGARA  |  TUESDAY, 22 JUL 2025
... cyber criminals. "As the matter is now before the Courts, FPW is unable to make further comment at this time." ASIC chair Joe Longo said: "Fortnum's alleged failure to adequately manage cybersecurity risks exposed the company, its representatives ...

Funeral insurer fined $4.75m

MATTHEW WAI  |  FRIDAY, 11 JUL 2025
... case study in the Royal Commission into misconduct in the banking, superannuation and financial services industry. ASIC chair Joe Longo said the penalty is a "strong deterrent" to anyone who tries to take advantage of Aboriginal consumers by making false ...