Inside ASIC

Miles Larbey, ASIC's Senior Executive Leader, Financial Capability joins the podcast to talk about ASIC's new First Business App, which is aimed at assisting Australians in starting their own business. You can find out more information about the app at ASIC's MoneySmart website. Download the app via the Apple Store Download the app via Google Play

On 8 February, ASIC hosted a roundtable in Sydney and Melbourne for those with an interest in RegTech. The roundtable facilitated discussion on the current RegTech landscape and its development and future potential to promote good risk management and compliance outcomes, and drivers and barriers to RegTech in Australia, including what the industry and ASIC can do to help promote the development an...

On 8 December 2016, the Federal Court found that German construction group holding company Hochtief Aktiengesellschaft (Hochtief AG) engaged in insider trading in contravention of section 1043A(1)(d) of the Corporations Act 2001, and has ordered Hochtief AG to pay a financial penalty of $400,000, as well as ASIC's legal costs. ASIC Commissioner Cathie Armour joins the podcast to discuss the detail...

ASIC Commissioner John Price joins the podcast to discuss ASIC's approach to whistleblowers and how they can be better encouraged and protected. More information on the topic is available here .

On this episode, we have a quick chat to ASIC in the Community Manager Justine Butler about ASIC's workplace giving program, which has been awarded a silver medal in the inaugural Workplace Giving Excellence Awards in Melbourne. The awards are part of the Australian Charities' Fund One Million Donors campaign, and recognise employers and their staff who show leadership in supporting charities and...

Joanna Bird, Senior Executive Leader, Financial Advisers joins the podcast to discuss ASIC's recent Report 499 - Financial Advice: fees for no service. The report provides an update on ASIC's work to address financial institutions' and advisers' systemic failures, over a number of years, to provide ongoing advice services to customers who paid fees to receive those services. The report summarises...

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 co...

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 .    

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 .

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

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 .

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...

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 ASI...

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

The following is an excerpt from a session at ASIC's 2016 Annual Forum on robo-advice. The session covers: How does robo-advice sit alongside traditional financial advice? Where does robo-advice cause the most disruption? How does the current regulatory framework apply to robo-advice? What are the issues that are unique to robo-advice? The podcast also discusses ASIC's Consultation Paper 254 Regul...

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 .

From July 1st this year, accountants will need to have a limited AFS licence if they are providing SMSF advice. ASIC Commissioner Greg Tanzer talks to Hilarie Dunn about why this change is necessary and what it may mean for you. More information can be found at ASIC's  Information Sheet 179 .

Louise Macaulay (Senior Executive Leader, Financial Advisers at the Australian Securities and Investments Commission) speaks to the podcast about ASIC's recent case involving  Park Trent .  This episode covers:- Why ASIC decided to take action- How ASIC conducted its investigation- Information on Self-Managed Super Fundsand more.

ASIC Chairman Greg Medcraft joins the podcast to talk about culture and its importance to the financial industry.

Warren Day (Senior Executive Leader, Assessment and Intelligence at the Australian Securities and Investments Commission) talks about what happens when you make a report of alleged misconduct or a complaint to ASIC. You can find more information in our Information Sheets: Reporting misconduct   ASIC's approach to enforcement

Tim Mullaly (Senior Executive Leader, Financial Services Enforcement at the Australian Securities and Investments Commission) talks about the work he and his team does, the methods they employ to achieve their goals and some of the emerging issues in the financial services sector.