daniel crennan

Financial planning

Federal Court finds Dover Financial Advisers made false statements

The Federal Court of Australia has found that Dover Financial Advisers made false and misleading statements in client protection policy between September, 2015 and March,...

Life/Risk

CommInsure pleads guilty to 87 hawking offences

CommInsure will refund $12 million for unfair life insurance telephone sales to around 30,000 customers....

Financial planning

ASIC dismantles online fraud syndicate

The Australian Securities and Investments Commission has announced the dismantle of an online fraud syndicate which resulted in alleged thefts from superannuation and sha...

Policy & Regulation

ASIC wealth management investigations soar by 216%

The Australian Securities and Investments Commission has increased investigations into wealth management by 216 per cent in the last six months....

Policy & Regulation

ASIC examples AMP/Clayton Utz in enforcement outcome

The Australian Securities and Investments Commission has used AMP and its lawyers, Clayton Utz, as examples of successful enforcement action by the regulator....

Features

Why not litigate: Empty threat or a sign of a teething tiger?

As the Australian Securities and Investments Commission shifts to a ‘why not litigate’ approach to pursuing breaches of financial services and corporate law, Hannah Woott...

Policy & Regulation

Law Council fires warning shot at ASIC’s Crennan

The Law Council of Australia has fired a warning shot over the bows of the Australian Securities and Investments Commission deputy chairman, Daniel Crennan QC, over comme...

Financial planning

AMP admits planner wrongdoing

AMP Limited has handed the Australian Securities and Investments Commission a victory by admitting wrongdoing and failing to ensure AMP financial planners acted in the be...

Policy & Regulation

ASIC signals appeal against Westpac decision

The Australian Securities and Investments Commission has signalled it will appeal the Federal Court decision regarding Westpac Securities Administration and BT Funds Mana...

Policy & Regulation

Royal Commission transgressors face stiffer penalties

The Australian Securities and Investments Commission has been handed tougher penalties with which to pursue people referred to it by the Royal Commission....

Policy & Regulation

Frydenberg names new ASIC deputy chair

The Federal Government has appointed the Productivity Commission deputy chair, Karen Chester as the replacement for Peter Kell as deputy chair of the Australian Securitie...

Policy & Regulation

Frydenberg urges tougher ASIC approach

The Federal Treasurer has reinforced that he wants the Australian Securities and Investments Commission to take a tougher approach in pursuing litigation rather than nego...

Policy & Regulation

Gov jumps ahead on second ASIC deputy chair

The Government has announced its candidate for a second deputy chair of the Australian Securities and Investments Commission on the same day it introduced a bill to creat...