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Showing 1 - 10 of 471 results for "ASIC Commissioner"

Trustees lack death benefit claims uplift urgency: ASIC

KARREN VERGARA  |  WEDNESDAY, 10 JUN 2026
... and continue exposing grieving beneficiaries to harm at times of heightened emotional and financial distress," ASIC commissioner Simone Constant commented. "Unfortunately, despite complaint numbers and trends rising overall between 2020 and 2026, early ...

ASIC flags disclosure flaws in first wave of mandatory climate reports

VINNY VUCAGO  |  MONDAY, 18 MAY 2026
... impairment and financial instrument valuations, while also reviewing decommissioning and site restoration provisions. ASIC Commissioner Kate O'Rourke said high quality reporting remained critical to market transparency and informed investment decisions. ...

ASIC reviews AFSLs over finfluencer concerns

ELIZA BAVIN  |  FRIDAY, 24 APR 2026
... doesn't respect borders, which is why regulators are taking strong action together for a second year in a row," ASIC commissioner Alan Kirkland said. "What people see online is shaped by algorithms designed to drive clicks and engagement, rather than ...

ASX is 'compromised' and 'lacks aspiration': Final report

ELIZA BAVIN  |  THURSDAY, 2 APR 2026
... time and will require sustained focus on leadership, accountability, investment and stewardship to deliver." ASIC commissioner Simone Constant added: "What sets this Inquiry apart is that, alongside the release of the Final Report, there is already an ...

Super funds must protect members, says Kirkland

MATTHEW WAI  |  FRIDAY, 27 MAR 2026
The detriment of Shield and First Guardian Master Funds undermines trust in the superannuation system, ASIC commissioner Alan Kirkland warned, saying trustees must revise their processes to avoid exploitation by super switching schemes. Speaking at ...

ASIC warns Gen Z against chasing unrealistic crypto gains

RIDDHIMA TALWANI  |  MONDAY, 16 MAR 2026
... speculative trading based on what's popular online carries real risks, particularly in volatile markets like crypto," ASIC commissioner Alan Kirkland said. Social media, one of the main sources of information for the 18 to 28 age demographic, is also ...

Constant slams super funds over complaints handling

ELIZA BAVIN  |  THURSDAY, 12 MAR 2026
ASIC commissioner Simone Constant has taken aim at superannuation fund trustees over how they identify systemic issues from member complaints. Speaking at an industry event, Constant said five out of the 10 super funds the regulator is reviewing over ...

Sequoia weighs InterPrac's fate, launches review

KARREN VERGARA  |  TUESDAY, 24 FEB 2026
... compliance team in response to the collapse of the two managed investment schemes. This includes hiring former ASIC commissioner Danielle Press as independent chair of its inaugural AFSL Governance Committee. Last November, ASIC commenced civil penalty ...

Super trustees told to up fraud protection game

MATTHEW WAI  |  WEDNESDAY, 4 FEB 2026
... prevent or report fraud activities and just one in five offered dedicated contact for reporting. Commenting, ASIC commissioner Simone Constant said despite possessing a large sum of Australian retirement savings, super funds have been "slow to respond ...

ASIC returns $40m of CFD losses

ELIZA BAVIN  |  TUESDAY, 20 JAN 2026
... CFDs and through our review we have helped put $40 million back in the pockets of more than 38,000 investors," ASIC commissioner Simone Constant said. "These are complex, high-risk products, where most investors face losses, and even profitable trades ...
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