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Showing 1 - 10 of 20 results for "ASIC chair Greg Medcraft"

VOFF asks Medcraft to "face the music"

ALEX BURKE  |  WEDNESDAY, 23 MAY 2018
Victims of Financial Fraud (VOFF) are calling on former ASIC chair Greg Medcraft and deputy chair Peter Kell to answer for alleged mishandling of financial services regulation. VOFF wants Medcraft and Kell to be recalled to the Royal Commission so they ...

ASIC appoints former AFA chief

ALEX BURKE  |  MONDAY, 13 NOV 2017
... broad range of knowledge and experience of professionals in the financial services and credit industry," ASIC chair Greg Medcraft said. "Our administrative decisions will benefit from the input of professionals who have a thorough understanding of current ...

Banks will step out of wealth: Medcraft

DARREN SNYDER  |  TUESDAY, 31 OCT 2017
Outgoing ASIC chair Greg Medcraft believes the big four banks will continue to sell wealth management arms because it's tough to restore the consumer trust repeatedly tarnished by these businesses. Speaking at a Sydney Financial Forum event yesterday ...

BEAR closer to legislation

KARREN VERGARA  |  FRIDAY, 20 OCT 2017
... decisively to facilitate the orderly resolution of a distressed bank or insurer," Morrison said. Outgoing ASIC chair Greg Medcraft has urged the BEAR be extended to the wider financial services sector. This week's Financial Standard spot poll asks if ...

ASIC targets retirement products and services

KARREN VERGARA  |  MONDAY, 4 SEP 2017
... understand and address concerns that arise in each major stage during the retirement and ageing process, ASIC chair Greg Medcraft told a stakeholder event in Perth last week. "These stages include initial decision making about commencing retirement income ...

ASIC enters new era as industry funding model passes

ALEX BURKE  |  FRIDAY, 16 JUN 2017
... accountability will be enhanced through the publication of its expenditure, performance and regulatory priorities. ASIC chair Greg Medcraft said the new model "is an important milestone not just for ASIC, but also for the companies and wider corporate ...

ASIC secures $210m in compensation

ALEX BURKE  |  THURSDAY, 3 NOV 2016
... driven by rising expenses and falling government funding. Given the recently-announced funding package, ASIC chair Greg Medcraft said in the report that he was positive about the future. "The additional funding support over the next four years announced ...

ASIC and Singapore regulator sign co-op agreement

ALEX BURKE  |  FRIDAY, 17 JUN 2016
... mobile payments, blockchain and distributed ledgers, big data, and Application Programming Interfaces." ASIC chair Greg Medcraft added: "We recognised that innovation in financial services isn't confined by national borders. ASIC is committed to encouraging ...

ASIC and UK regulator sign fintech deal

ALEX BURKE  |  THURSDAY, 24 MAR 2016
... regulatory framework in the market they wish to join, and how it applies to them." Explaining the decision, ASIC chair Greg Medcraft said, the regulator is committed to encouraging innovation that has the potential to benefit financial consumers and ...

ASIC revenue and investigations decrease in 2015

ALEX BURKE  |  MONDAY, 2 NOV 2015
... investigation or surveillance decreased from 51% to 42% over the year. In his commentary on the report, ASIC chair Greg Medcraft noted that the regulator continues to advocate for an industry funding model, likely partially because of the decrease in ...
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