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Showing 1 - 10 of 13 results for "AISC"

ASIC piles more charges on Merhi

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... pre-determined investment portfolios that were highly risky and served the financial interests of Mr Merhi and his businesses," AISC said. Should the court provide approval for the new allegations, ASIC will seek injunctions prohibiting Merhi from any ...

ASIC extends two advice instruments

KARREN VERGARA  |  WEDNESDAY, 25 SEP 2024
... ASIC said. In terms of other feedback, submissions advocated for wider relief from the reportable situations regime, which AISC said it will consider. Two submissions advocated for migrating the relief and/or requirements to the primary law. ASIC has ...

Medcraft steps down from global leadership position

ALEX BURKE  |  FRIDAY, 20 MAY 2016
... supervise and enforce laws in their jurisdictions." Commenting on his departure from IOSCO, Medcraft, who is also chair of AISC, said: "IOSCO plays a critical role in setting and implementing international capital markets policy - policy that affects ...

Treasury heavy handed on portfolio disclosure

BEN COLLINS  |  THURSDAY, 19 JUL 2012
... 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 enhanced portfolio disclosure for both super funds, and managed investment funds. ...

Third operator of early release super scheme punished

... Australian superannuation benefits of employees who had worked in Australia but had since moved to New Zealand to reside. AISC executive director of enforcement Jan Redfern says, "ASIC has continued to scrutinise schemes promoting the early release of ...

Former NAB currency trader appears in court

... advantage by deception. The charges are the result of an investigation by the Australian Securities and Investments Commission (AISC) into the alleged unauthorised foreign exchange trading at NAB. It is alleged Bullen, Luke Duffy, Gianni Gray, and Vincent ...

Zurich gives ASIC and APRA enforceable undertaking

The Australian Securities and Investments Commission (AISC) and the Australian Prudential Regulation Authority (APRA) have both accepted an enforceable undertaking from Zurich Financial Services Australia (ZFSA) and its fully owned subsidiary Zurich ...

ASIC reveals financial services refinement projects

... provide guidance and relief if appropriate on the provision of basic online calculators with a view to encouraging their use. AISC will also plans to examine general insurance arranging agents. Here the regulator will clarify and provide relief if necessary ...

Government joins push for better super education

... first time, will have a say as to who manages their retirement savings from 1 July this year." ASIC chair Jeffery Lucy says, "AISC wants people to understand more about super, and make good superannuation choices. Super Choices will help you decide whether ...

Choice of super advice to be evaluated

... results of the survey at the end of 2005 but will be releasing preliminary findings progressively as they become available. AISC executive director of consumer protection Greg Tanzer says, "The shadow shopping technique gives strong insights into the ...
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