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Showing 1 - 10 of 476 results for "ASIC commissioner"

ASIC sheds light on voluntary administration outcomes

VINNY VUCAGO  |  TUESDAY, 7 JUL 2026
... proposal. Of those, 87% were approved by creditors, representing about 44% of all voluntary administration reviewed. ASIC commissioner Kate O'Rouke said the report provides the strongest evidence yet of how the insolvency framework is operating in practice. ...

ASIC pushes to bolster competitiveness

ELIZA BAVIN  |  TUESDAY, 30 JUN 2026
... Ensuring that Australia's financial markets remain competitive and efficient is central to that mission," ASIC commissioner Simone Constant said. "Geographic moats look like a thing of the past. The geographic barriers that once constrained the flow ...

ASIC calls out platform trustees: 'Clear breach of trust'

RIDDHIMA TALWANI  |  MONDAY, 29 JUN 2026
... selection criteria. The most recent action was taken against the trustee for the HUB24 Super Fund, HTFS Nominees. ASIC commissioner Simone Constant said there was no excuse for the troubling lack of protections put in place by some trustees. She added ...

FEATURE | Member engagement | On the ball

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
... steps to uplift their practices and are committed to taking further action, but others took no action at all. ASIC commissioner Simone Constant said: "Unfortunately, despite complaint numbers and trends rising overall between 2020 and 2026, early findings ...

ASIC moves to strengthen defences against financial scams

VINNY VUCAGO  |  WEDNESDAY, 17 JUN 2026
... legitimate financial firms to create convincing fake websites and fraudulent investment and advertisements. ASIC commissioner Alan Kirkland said the initiative would make it easier for Australians to distinguish genuine financial services providers from ...

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 ...
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