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Showing 71 - 80 of 125 results for "Joe Longo"

ASX sued by ASIC for alleged misleading statements

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
... our markets. We believe this was a collective failure by the ASX board and senior executives at the time," ASIC chair Joe Longo said. "Companies and market participants rely on what the ASX says about its operations to make their own decisions and investments. ...

IPO conversations 'sparking interest': Barrenjoey

ANDREW MCKEAN  |  FRIDAY, 26 JUL 2024
... weeks. It's longer here. We should examine that and things we can change and do better. That would help." ASIC chair Joe Longo said the regulator is very engaged with market participants, including the ASX, hedge funds, key players, and banks. "We're ...

ASIC to launch new criminal investigation team

ELIZA BAVIN  |  WEDNESDAY, 24 JUL 2024
... evolves, we will expand our market cleanliness work to capture private markets and products in the coming year," ASIC chair Joe Longo said. While the financial regulator said Australia's equity markets continue to operate with a high level on integrity ...

Charges brought against ASX pump and dump group

JAMIE WILLIAMSON  |  TUESDAY, 23 JUL 2024
... investor wealth, threatening the integrity of our markets and potentially the Australian economy more broadly," ASIC chair Joe Longo said. "Upholding the integrity of our Australia's financial markets is a priority for ASIC. "ASIC monitors the cleanliness ...

ASIC prevails in landmark case against BPS Financial

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024
... facility that used the 'Qoin' cryptocurrency token, without an Australian Financial Services Licence (AFSL). ASIC chair Joe Longo said this was a significant ruling as the first court outcome against a non-cash payment facility involving crypto. BPS ...

ASIC hits back at parliament: 'Simply not realistic'

ELIZA BAVIN  |  TUESDAY, 30 APR 2024
Australian Securities and Investments Commission (ASIC) chair Joe Longo had some choice words when addressing the Parliamentary Joint Committee on Corporations and Financial Services today. When questioned over its capacity to respond to people who ...

Auditors lambast mandatory climate reporting requirements

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
... of these planned new reporting requirements." Meantime, Australian Securities and Investments Commission (ASIC) chair Joe Longo said growing interest in environmental, social, and governance issues had driven the need for more thorough disclosure requirements ...

Macquarie Bank to pay $10m for unauthorised fee transactions

ELIZA BAVIN  |  MONDAY, 22 APR 2024
... transactions conducted by third parties, such as financial advisers, on customer cash management accounts. ASIC chair Joe Longo said fraud controls were increasingly important and the case against Macquarie has sent an important message to financial ...

Adam Blumenthal ordered to pay $850k

ELIZA BAVIN  |  THURSDAY, 18 APR 2024
... EverBlu, a senior officeholder who oversaw and participated in the stockbroking services that it provided." ASIC chair Joe Longo said the penalties imposed by the court were significant and should act as a deterrent to engaging in market misconduct. ...

ASIC chief executive to depart

ELIZA BAVIN  |  TUESDAY, 16 APR 2024
... Australian Securities and Investments Commission (ASIC) will be leaving the regulator, effective June 1. ASIC chair Joe Longo accepted a request from the Commonwealth Director of Public Prosecutions (CDPP) for ASIC chief executive Warren Day to join ...