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Showing 1 - 10 of 46 results for %22Joe Longo%22

ASIC chief executive to depart

ELIZA BAVIN  |  TUESDAY, 16 APR 2024
... Australian Securities and Investments Commission (ASIC) will be leaving the regulator, effective June 1. ASIC chair Joe Longo accepted a request from the Commonwealth Director of Public Prosecutions (CDPP) for ASIC chief executive Warren Day to join ...

Blockchain mining companies sued by ASIC

ANDREW MCKEAN  |  MONDAY, 15 APR 2024
... be scrutinised by ASIC to ensure they comply with regulatory obligations in order to protect consumers," ASIC chair Joe Longo said. The Federal Court last week appointed Anthony Connelly, Kathy Sozou, and Jamie Harris of McGrathNicol as receivers over ...

Court rejects Provide Capital's 'illogical' application

KARREN VERGARA  |  WEDNESDAY, 3 APR 2024
... in handing over the documents, resulting in the dismissal of its appeal. Commenting on the latest verdict, ASIC chair Joe Longo said: "The outcome in this case demonstrates ASIC's commitment to taking action to prevent its investigations being delayed ...

ASIC's harsh words to directors: 'It's not meant to be easy'

ELIZA BAVIN  |  FRIDAY, 22 MAR 2024
Australian Securities and Investments Commission (ASIC) chair Joe Longo has had enough of company directors complaining about keeping up with their obligations. In a speech to the Australian Institute of Company Directors (AICD) Australian Governance ...

Experts issue warning over AI washing

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... be truthful about its use of AI," he said. Closer to home, ASIC hasn't yet sounded the alarm on AI washing, but chair Joe Longo has voiced apprehensions regarding the adequacy of current regulations. "ASIC will continue to act, and act early, to deter ...

ASX settles $1.05m fine for transparency failures

ANDREW MCKEAN  |  THURSDAY, 7 MAR 2024
... resulting damage to public confidence in the market operator also contributed to the severity of the penalty. ASIC chair Joe Longo said maintaining confidence in Australia's market operators is fundamental to ensuring fair and efficient markets ...

ASIC cracks down on scammers

CHLOE WALKER  |  MONDAY, 4 MAR 2024
... Australians are looking for ways to make ends meet and scammers are only too happy to try and take advantage," ASIC chair Joe Longo said. "That's why ASIC is stopping investment scams at the source of their promotion, removing them from the internet ...

AI is not the 'Wild West': Longo

CHLOE WALKER  |  THURSDAY, 1 FEB 2024
... existing obligations around good governance and the provision of financial services remain robust, according to ASIC chair Joe Longo. Addressing the crowd yesterday at the UTS Human Technology Institute 'Shaping Our Future' Symposium, Longo said that ...

'Significant deficiencies' lead APRA to act against NGS Super

JAMIE WILLIAMSON  |  FRIDAY, 8 DEC 2023
... sectors) believed their organisation had sufficient resources to monitor and respond to its cybersecurity needs. ASIC chair Joe Longo has also made clear that boards will be held to account when things go wrong on the cyber front. "ASIC expects directors ...

ASX awards settlement, clearing mandate

KARREN VERGARA  |  MONDAY, 20 NOV 2023
... deliver on the transformation by appointing Alan Cameron to chair the Advisory Group to oversee the project. ASIC chair Joe Longo said: "This is an important decision by ASX, but there is still a long way to go to deliver a CHESS replacement." "It will ...
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