ASIC brings in guide to increase acceptance of AFSL applications
03 September 2002
Looks like ASIC’s Australian Financial Services Licence applications might be a tad too complex for us mere mortals…
03 September 2002
Looks like ASIC’s Australian Financial Services Licence applications might be a tad too complex for us mere mortals…
27 August 2002
The continuing criticism of APRA in the wake of the HIH collapse has done little to reduce its enthusiasm for the job…
27 August 2002
APRA has upgraded its internal rating system, the Probability And Impact Rating System, which it uses to assess the more than 3000 financial institutions that it regulates…
27 August 2002
Julie Read, the Assistant Commonwealth Director of Public Prosecutions, has been appointed ASIC’s Tasmanian Regional Commissioner…
27 August 2002
ASIC has obtained an injunction restraining John Michael Higgins, a director of Macquarie Town Financial Planning, from providing financial products or services advice…
20 August 2002
Former NRMA Insurance Chairman Nick Whitlam has been banned from being a company director for five years and ordered to pay $20,000 for breaching his duties as a director…
20 August 2002
ASIC continues to churn out FSR material, with the recent release of the new section 4 Addendum to the AFS Licensing Kit…
20 August 2002
Former Accenture quality expert Mr John Doble has been appointed as GM of APRA’s planned Quality Assurance and Consistency Unit…
13 August 2002
APRA has appointed Brandon Khoo to run its superannuation supervisory activities…
13 August 2002
The new reality of the FSRA for everyone set in last week when ASIC placed its first interim stop orders on product disclosure statements on two companies…
13 August 2002
Former Tasmanian based insurance agent and financial adviser Joachim Prehn has been sentenced to six years’ jail, with a non-parole period of four years, after he was found guilty…
30 July 2002
ASIC’s Tasmanian Regional Commissioner, Simon Dwyer, in transferring to Adelaide as the SA Regional Commissioner…
23 July 2002
With all the controversy over a string of high-profile company collapses, ASIC Chairman David Knott couldn’t have picked a better time to lash out at the corporate cowboys…
23 July 2002
Former OAMPS MD Robert Porter has had charges against him withdrawn by the Commonwealth Director of Public Prosecutions…
16 July 2002
APRA has come out in strong defence of the insurance industry, telling a Senate inquiry into the public liability crisis that consumers get “a free ride”…
16 July 2002
Former AMP financial adviser Lawrence Tobin will be sentenced later this week after pleading guilty to 23 charges laid by ASIC involving a fraudulent transaction…
09 July 2002
APRA has denied Rural & General Insurance reauthorisation under the general insurance reforms…
09 July 2002
Perth-based online broker Insurance My Way Ltd is moving out of insurance now that it has been let off the hook by ASIC…
02 July 2002
The introduction of amendments to the Trade Practices Act by Assistant Treasurer Helen Coonan will mean that individuals will be able to waive their right to sue…
02 July 2002
ASIC Deputy Chair Jillian Segal has moved on to a new position as a member of the committee of inquiry into the competition provisions of the Trade Practices Act…