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

Search Results

Showing 891 - 900 of 1077 results for "Commissioner"

Audit report "disappointing"

BEN COLLINS  |  WEDNESDAY, 5 DEC 2012
... 2006-07 financial year. "Following auditing standards is not merely a compliance hurdle to clear," John Price, ASIC commissioner said in November.

Ex-Kangaroo and Storm adviser banned for non-compliance

MARK STORY  |  MONDAY, 3 DEC 2012
... $60,051 paid to him in error by the Commonwealth Bank as a settlement under the CBA Storm Resolution Scheme. ASIC Commissioner Peter Kell concluded that Fullerton-Smith had failed to maintain the high standards expected of a provider of financial services ...

Bogus super fund a wake-up call for investors: ASIC

MARK STORY  |  THURSDAY, 29 NOV 2012
... Prudential Regulation Authority (APRA) purposes, and Aussie Super is not an APRA-registered superannuation fund. ASIC Commissioner Greg Tanzer said investors need to be cautious when offered unsolicited investment advice and products. 'Potential investors ...

ASIC takes action against Storm adviser

BEN COLLINS  |  THURSDAY, 22 NOV 2012
... for the next two years will also be checked over by a senior independent financial planner, approved by ASIC. ASIC Commissioner, Peter Kell, said this outcome reflected ASIC's commitment to ensuring financial advisers met required standards and maintaining ...

Understand borrowing laws warns ATO

BEN COLLINS  |  THURSDAY, 22 NOV 2012
... might be using their DYI super fund to invest in property without actually understanding borrowing laws, said acting commissioner Bruce Quigley. "Some of these mistakes can't just be fixed. The only option is to unwind the arrangement which would mean ...

PwC partner banned from auditing

BEN COLLINS  |  TUESDAY, 20 NOV 2012
... deficiencies result in material misstatements in financial reports not being detected and addressed," said John Price, ASIC commissioner. Auditors are important gatekeepers and audit quality is essential in maintaining and promoting confidence and integrity ...

Another Commonwealth Financial Planning adviser banned

BEN COLLINS  |  MONDAY, 12 NOV 2012
... "ASIC considers Gillespie's conduct to be serious. Gillespie's wrongdoing was not an isolated incident," said ASIC commissioner Peter Kell. "Instead Gillespie engaged in a series of conscious and deliberate acts designed to disguise and conceal his non-compliance ...

ASIC seeks adviser feedback on FOFA code of conduct

LINDA HAUSKEN  |  THURSDAY, 1 NOV 2012
... October, is relevant to advisers who are considering submitting either a new or existing code for approval. Peter Kell, commissioner at ASIC said that there are some fundamental issues the regulator genuinely need some further substantial feedback on ...

ASIC consults on code approval under FOFA

LINDA HAUSKEN  |  WEDNESDAY, 24 OCT 2012
... administration, governance, monitoring and enforcement of codes, and ASIC's approval and relief process. Peter Kell, commissioner at ASIC pointed out that membership of a code should not be seen as an easy option for compliance. He noted that preventing ...

Hybrid securities back in favour

LINDA HAUSKEN  |  MONDAY, 8 OCT 2012
... not to be dazzled by the possibility of high yields and trusted brands being linked to certain offers. John Price commissioner at ASIC said that consumers needs to tread very carefully when dealing with these complex instruments, and that even well-seasoned ...