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Showing 61 - 70 of 101 results for "Senate Inquiry"

CBA promoted Nguyen to keep him away from clients

LAURA MILLAN  |  THURSDAY, 10 APR 2014
The Senate inquiry into the performance of the Australian Securities and Investments Commission (ASIC) has heard that the Commonwealth Bank (CBA) promoted financial planner Don Nguyen, despite allegations of fraud. Speaking at the inquiry Commonwealth ...

Lawyer exposes ASIC favours to big players

LAURA MILLAN  |  THURSDAY, 3 APR 2014
... gave favourable treatment to the big end of the market. Wheeldon appeared yesterday at a public hearing of the Senate inquiry into the performance of the regulator. He exposed how the Investment and Financial Services Association - now rebranded to the ...

We did a "pretty good job" in CBA planning case: ASIC

LAURA MILLAN  |  WEDNESDAY, 26 MAR 2014
... regulator "did a pretty good job" in dealing with the Commonwealth Financial Planning (CFP) case that prompted a Senate inquiry into the overall performance of the regulator. Speaking at the ASIC Forum in Sydney, Tanzer said that "the inquiry came out ...

Whistleblower claims the existence of 100 CBA rogue advisers

LAURA MILLAN  |  MONDAY, 24 MAR 2014
... Investments Commission (ASIC) would reveal at least 100 current or former rogue CBA advisers. In a submission to the Senate inquiry into the regulator's performance, Morris said that ASIC and CFP's claims that there were only seven rogue planners within ...

Senate Economics Committee to hold inquiry on FoFA bill

LAURA MILLAN  |  FRIDAY, 21 MAR 2014
... pass the bill next week, but the vote could be delayed to the next sitting period, due to start in mid-May. The Senate inquiry will start after the bill is voted upon in the lower house and the upper house will debate and vote on the bill once the Senate ...

ASIC enhances whistleblower communication

LAURA MILLAN  |  WEDNESDAY, 19 FEB 2014
... taking steps to improve whistleblower communication and protection, one of the main concerns that prompted the Senate inquiry into the regulator's performance. ASIC chairman Greg Medcraft spoke this morning at a public hearing of the Senate Economics ...

Medcraft always going to testify at inquiry: ASIC

HARRY PAGE  |  THURSDAY, 6 FEB 2014
Australian Securities and Investments Commission (ASIC) chairman Greg Medcraft will appear before the Senate inquiry into ASIC, despite media reports to the contrary, according to an ASIC statement. Medcraft publically announced his commitment to the ...

ASIC takes most action against small business owners

LAURA MILLAN  |  MONDAY, 3 FEB 2014
... achieved within the areas of market integrity, corporate governance and financial services. Submissions to the Senate inquiry on the performance of ASIC have recently highlighted consumer and business owners concerns that the regulator focuses mostly ...

Australia's whistleblowing regime far from best-practice

LAURA MILLAN  |  TUESDAY, 10 DEC 2013
... researcher A.J. Brown asked for improvements and changes to Part 9.4 AAA of the Corporations Act in a submission to the Senate inquiry into the performance of the Australian Securities and Investments Commission (ASIC). "Part 9.4AAA is limited and has ...

"People who complain are gotten rid of": ASIC

LAURA MILLAN  |  MONDAY, 9 DEC 2013
A submission to the Senate inquiry into the regulator's performance provides yet another testimony of a culture of "cronyism and favouritism" which includes threats and harassment of employees. The testimony comes from a former employee of the Australian ...