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Showing 911 - 920 of 1077 results for "Commissioner"

Regulators on post-Trio watch

BEN COLLINS  |  THURSDAY, 2 AUG 2012
... Investments Commission (ASIC) could never guarantee that a similar scenario would not occur again, Peter Kell, ASIC commissioner, said that changes had been made. "What we do realise is that we need to be more effective in picking up industry intelligence ...

ASIC raises bar on OTC derivatives

MELANIE TIMBRELL  |  WEDNESDAY, 1 AUG 2012
... increase in minimum net tangible asset (NTA) requirements for retail over-the-counter (OTC) derivative issuers. ASIC commissioner Greg Tanzer said the new requirements had been developed to help ensure AFS licensees have adequate resources to effectively ...

ASIC boosts Stronger Super education program

LINDA HAUSKEN  |  FRIDAY, 27 JUL 2012
... industry through this process will help drive better outcomes for industry and their clients," said Greg Tanzer, commissioner at ASIC. Depending on the final passage of legislation, the regulator expects to consult by the end of 2012 on a range of issues ...

Treasury heavy handed on portfolio disclosure

BEN COLLINS  |  THURSDAY, 19 JUL 2012
... continue to fight the plans in Canberra. After comments made in the media by Australian Securities & Investments (ASIC) commissioner Greg Medcraft in 2011, both ASFA and the Financial Services Council (FSC) engaged AISC to form a working group to implement ...

ASIC bans Sydney adviser

LINDA HAUSKEN  |  WEDNESDAY, 18 JUL 2012
... individuals who use client funds dishonestly and ASIC will act promptly to remove those who do," said Peter Kell, commissioner of ASIC. The regulator said that Oberg has the right to lodge an application with the Administrative Appeals Tribunal for a ...

ASIC eyes off UL property

BEN COLLINS  |  WEDNESDAY, 18 JUL 2012
... improved to meet both the legal obligations of the responsible entities and good practice within the industry. ASIC commissioner, Greg Tanzer, said ASIC chose responsible entities operating unlisted property schemes because they are a popular investment ...

Former Ansett workers get $16m super payback

LINDA HAUSKEN  |  MONDAY, 2 JUL 2012
... feature of the tax law since 1993 - to cover unpaid superannuation guarantee amounts. This legislation will allow the Commissioner of Taxation to recover unpaid superannuation guarantee amounts from company directors where their companies have failed ...

Cold calling scammer gets 10 year ban

LINDA HAUSKEN  |  TUESDAY, 26 JUN 2012
... investor funds, previously frozen following ASIC action, will be distributed to investors on a pro-rata basis. ASIC Commissioner Peter Kell said the removal of unscrupulous operators from the financial services sector was critical to creating an environment ...

Market Wrap

AAP  |  FRIDAY, 22 JUN 2012
... Ltd, Mount Burgess Mining NL, NuSep Holdings Ltd and Australasian Resources Ltd are due to hold general meetings. Commissioner of Taxation Michael D'Ascenzo is scheduled to speak at an Institute of Company Directors Lunch in Hobart, while Western Australian ...

ALI penalised after compliance failures

BEN COLLINS  |  WEDNESDAY, 20 JUN 2012
... applications submitted by authorised representatives and the adequacy of compliance resources used by ALI Group. ASIC commissioner Peter Kell said that confidence in the financial services industry depends on licensees having robust compliance procedures ...