Joe Longo

Features

Advisers would be wise to understand online investing services given they are democratising investment and removing barriers to entry, Laura Dew finds....

Policy & Regulation

ASIC secures $190m in civil penalties

The corporate watchdog secured nearly $190 million in civil penalties during the last financial year and increased civil litigations by 28%....

Financial planning

ASIC to take ‘practical’ and ‘reasonable’ approach to disciplinary body

The corporate regulator also expects its focus on financial advisers to decline and looks to provide better examples of records of advice to decrease the compliance burde...

Financial planning

Finfluencers not to be banned: Hume

Jane Hume said she has no interest in perpetuating a ‘nanny state culture’ where it resorts to banning things to save people from their own follies such as making financi...

Financial planning

Litigation still on the cards for ASIC

The corporate watchdog’s chair, Joe Longo, has no plans to let up on the body’s litigation commitment despite pulling back on the public emphasis his predecessor had plac...

Policy & Regulation

ASIC chair probed on governance review of regulator

The corporate regulator’s new chair, Joe Longo, believes that reading the publicly available report of the regulator’s governance practices is sufficient and has not aske...

People & Products

Govt appoints inaugural FRAA board

Former Macquarie Group chief executive Nicholas Moore will be chair of the authority that will oversee the corporate and prudential regulators....

Policy & Regulation

Regulator set up to monitor ASIC and APRA

The legislation to set up the Financial Regulator Assessment Authority has passed to assist the corporate watchdog’s new chair to ensure the Australian Securities and Inv...

Policy & Regulation

ASIC probed on ‘why not litigate’ future

The corporate watchdog is looking at its enforcement settings as priorities have changed but being an active litigant when needed is still on the table. ...

Financial planning

Accessible affordable advice priority for new ASIC chair

The challenge for the corporate regulator and policy makers is to figure out a way to make the advice regime more digestible, practical, and affordable for consumers....