Sep 26

In August this year, The Supreme Court of New South Wales found that Macquarie Investment Management Ltd contravened the Corporations Act by failing to comply with its duties as a responsible entity of the van Eyk Blueprint International Shares Fund. The Court made declarations of contravention and ordered that MIML pay a civil pecuniary penalty of $400,000, as well as $200,000 for ASIC's legal costs.


ASIC Commissioner Greg Tanzer joins the podcast to talk about the case and why ASIC considers it such an important outcome.

You can read ASIC's media release on the outcome here

Please note the judge's comments that Greg quotes in the podcast are slightly abridged. The full comments are available via the link at the bottom of the media release.
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Sep 11

ASIC has reviewed the sale of add-on general insurance policies through car dealers and found that the market is failing consumers. ASIC Deputy Chairman Peter Kell joins the podcast to discuss the report.

 

The report can be viewed here.

 

The media release can be viewed here.

 

More information on add-on insurance can be found at ASIC's MoneySmart website.

 

 

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Aug 16

Greg Yanco, Senior Executive Leader, Market Supervision at the Australian Securities and Investments Commission, joins the podcast to talk about ASIC's recent review into Australian equity market cleanliness.

The report is available here, and the relevant media release is available here.

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Aug 01

ASIC Commissioner John Price joins the podcast to talk about ASIC's recent report examining the due diligence practices of issuers of securities under an initial public offering (IPO).

Read our media release

Read the report

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Jul 07

This week, ASIC Commissioner John Price joins the podcast to discuss ASIC's Innovation Hub and how it's helping fintech startups.

You can find out more about ASIC's Innovation Hub by going to the webpage.

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Jun 10
This week, ASIC View welcomes Michael Saadat, Senior Executive Leader, Deposit Takers, Credit and Insurers, and Nathan Boyle, an analyst with ASIC's Indigenous Outreach program to talk about ASIC's Indigenous Outreach Program and the work they are doing to help Aboriginal and Torres Strait Islander people with financial products and services. They discuss types of financial problems being reported to ASIC's Indigenous Help Line like lost key cards and problems with identification, issues with debt collectors, renting products and appliances, life insurance and debt management. Michael also talks about the work ASIC is doing to help superannuation funds better understand the needs of Indigenous consumers.
 
Find out more about ASIC's Indigenous Outreach Program.
 
ASIC's MoneySmart website has money tips for Indigenous consumers.  
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May 16

During Consumer Fraud Week 2016, the Australian Securities and Investments Commission is warning consumers and investors to 'Wise Up to Scams' and do some simple checks before they part with their money.

ASIC Deputy Chair Peter Kell joins the podcast to talk about how investment scams work, and how best to identify and avoid them.

Read ASIC's media release on Consumer Fraud Week 2016 and visit ASIC's MoneySmart website for more tips on avoiding investment scams.

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May 02

On the latest episode of ASIC View, ASIC Commissioner Cathie Armour discusses ASIC's work in insider trading matters. Topics discussed include the damage done by insider trading, ASIC's surveillance and enforcement strategies and other related key areas of interest.

Media releases for matters mentioned during the podcast:

- Mr Xiao/Hanlong mining

- Kamay and Hill

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Apr 04

The following is an excerpt from a session at ASIC's 2016 Annual Forum on robo-advice. The session covers:

Speakers include ASIC's Joanna Bird and Louise Macaulay, Senior Executive Leaders of the Financial Advisers team as well as a panel discussion from:

Greg Miller, Executive General Manager, Wealth Advice, NAB

Chris Brycki, Founder and Chief Executive Officer, Stockspot

Kate Jackson-Maynes, Partner, King & Wood Mallesons

Dr June Smith, Lead Ombudsman, Investment and Advice, Financial Ombudsman Service Australia

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Mar 29

On the latest episode of ASIC View, Commissioner Greg Tanzer speaks about ASIC's enforcement report for July-December 2015.

He covers:

- the key statistics from the report

- major outcomes that support ASIC's priorities

- ASIC's ongoing areas of focus

- and much more.

You can download the report here and read the media release here.

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