ASIC Chief is Doing a suited Job by Jamie McIntyre

I assume Greg Medcraft, who’s been head of Australian Securities and Investments Commission (ASIC) for the last year, has done a superior job compared to his predecessors. Regulators should work cooperatively with the industry to better regulate industries they oversee. A collaborative arrive always works better, and gains the respect of the relevant industries. Especially … Continue reading “ASIC Chief is Doing a suited Job by Jamie McIntyre”

I assume Greg Medcraft, who’s been head of Australian Securities and Investments Commission (ASIC) for the last year, has done a superior job compared to his predecessors.

Regulators should work cooperatively with the industry to better regulate industries they oversee.

A collaborative arrive always works better, and gains the respect of the relevant industries.

Especially when there are so many grey areas in corporations law, unlike criminal law, which is generally shadowy or white.

Because of the many grey areas where laws aren’t definite, it’s essential industry regulators provide guidelines of what their interpretation of the law is, so companies know what is and isn’t compliant. And if one disagrees with ASIC’s interpretation, there’s always mediation, or courts to define the law.

Of course if there’s blatant criminal activity, a regulator has to send white-collar criminals to jail, to awe people so they don’t fracture dark and white laws.

For example: if you capture a bank, you know you’re committing a crime.

But you could easily breach a corporations law and be none the wiser.

Because many laws are not certain and only a court can decide if something is or isn’t a breach, as both ASIC and the industry don’t actually know.

And that’s because many laws are untested or actually conflict with other corporations laws.

But in areas where there is uncertainty in relation to the law, regulators need to catch a “tread softly” advance and educate on what they maintain to be compliant behaviour, to conclude a magnificent outcome.

Mr Medcraft’s leadership should be commended because it is collaborative approaches like this that support better working relationships with industry; and greater investor protection.

This is a far sob from a decade ago when ASIC was using suspect tactics with the courts and would point blank refuse to provide guidelines to industry, simply to increase their chances of capturing companies accidentally breaching unsafe laws to boost its picture card.

My battles with ASIC a decade ago gave me gigantic insight into how abuse can occur at the hands of overzealous bureaucrats given too remarkable power.

And how they can often go on relentless non-commercial pursuits to target positive sectors of industry, while neglecting to withhold an watch on indispensable, positive areas.

Like the blatant losses caused by companies such as Storm Financial, which could be seen coming for years before any action was taken.

Or doing the dirty work for industries such as the financial planning body who lobbied to ASIC to wipe out competitors like financial educators a decade ago, using draconian measures that are an abuse of its mandate.

ASIC now seems to be more about doing its job, whereas in the past it was largely about being seen to be doing its job.

It didn’t care if someone was innocent or guilty; instead it was all about getting as many convictions as possible, to be seen as doing something.

Heavy-handed, unfair tactics discredit the regulator.

Especially when blatant, illegal activities happened in the market with ASIC failing to catch action, which would have stopped billions being lost unnecessarily by investors.

It’s fine to contemplate ASIC hold action against the financial planning industry for their blatant abuse of consumers over the past several decades in their efforts to ban financial planning commissions; and for this they should be commended.

Their efforts to improve financial advertising standards are also a step in the apt direction, if they aren’t overdone.

I’ve said before, “Financial regulation will only do so grand”.

Financial education is far more effective at protecting consumers than over regulation.

I mean grasp a recognize at things like the size of a prospectus now.

Over regulations have made the stunning print expand to so many pages that no one bothers reading them. Which has decreased investor protection.

And it’s on that ticket I’m proud to say I’ll soon be announcing the inaugurate of a trace fresh industry body for financial educators.

It’s been designed to provide free financial education resources, push the importance of financial literacy and the financial education industry, and increase consumer protection within the industry with a free consumer complaints service.

Did you know: Across the ditch an equivalent of ASIC (the FSA) has been started?

However they want Australian financial educators to be licensed in NZ now too.

This is a unpleasant proceed, one that will prevent NZ consumers from accessing a financial education and leave them at the mercy of the financial planning industry, which caused massive losses to NZ investors in unusual years.

So distinguished so that the NZ Government had to fork out $795 million to shroud losses.

This is an example of over regulation having the opposite carry out than intended.

Most Australian financial educators, who are already licensed in Australia and paying thousands in fees, simply won’t invest in a NZ license for such a cramped domestic market.

We have recently written to the NZ FSA suggesting they mediate financial educators licensed by ASIC in Australia be able to bellow at events in NZ without having a dual license.

For Kiwi’s sake I hope so. Otherwise they’ll all have to use more on airfares to access leading edge financial strategies and education over here.

Jamie McIntyre is the founder of the 21st Century Group of companies and CEO of 21st Century Education. He is also bestselling author, successful entrepreneur, investor, sought after success coach, internationally famed speaker and world-leading educator.

Jamie McIntyre is the founder of the 21st Century Group of companies and CEO of 21st Century Education. He is also bestselling author, successful entrepreneur, investor, sought after success coach, internationally eminent speaker and world-leading educator. Source: McIntyre is the founder of the 21st Century Group of companies and CEO of 21st Century Education. He is also bestselling author, successful entrepreneur, investor, sought after success coach, internationally celebrated speaker and world-leading educator.

Harassment Laws In The UK

What is Harassment? Harassment is defined as behaviour that leads to feelings of harm, humiliation and threat in another person. While it can be difficult to understand what exactly constitutes as harassment as it is largely dependent on individual circumstances there are some concrete examples that, if you are accused of harassment, could lead to a court case and a possible prison sentence of 6 months and a splendid in the event of a conviction. However, harassment cases deemed to be more serious could result in the case being heard at the Crown Court, which can attract a remarkable longer prison sentence. Examples of Harassment The Protection from Harassment Act of 1997 means that the act of harassment is both a criminal offence and civil action that can lead to prosecution and must be taken seriously. The law applies to everyone and each experience is defined by different circumstances; it could be done by a person known to the victim, by a stranger or even a person of authority such as a landlord or employers. As mentioned previously, harassment as an act can be difficult to explain because we all have different coping capacities for unwanted behaviour and sometimes what one person might believe of as being harassment isn’t necessarily how it is defined by law. For example, in cases concerning creditors distinct types of behaviour when trying to recover money owed may constitute as harassment, but if you have stopped making payments then they will be able to prefer action against you. The law states that a person must have experienced at least two incidents by the same person or group before it becomes an actionable offence. The following are some determined examples of harassment under the Protection from Harassment Act 1997: ‘ Making repeated and persistent contact with someone that does not wish to be contacted ‘ through emails, home calls and unsolicited visits to their home; this include texts, Whatsapp messaging and so on. ‘ Verbal abuse and threats; ‘ Stalking; ‘ Threatening behaviour and acts of violence; ‘ Sexual harassment; ‘ Online harassment; this includes emails and social networking activity ‘ Discriminatory behaviour on the grounds of sexuality, hasten, religion etc.

If you are accused of harassment in any capacity then the best thing to do would be to procure representation with plenty of experience in defending similar cases. Stephen Lickrish & Associates are harassment solicitors in the North West that can provide you with expert advice and favorable representation in the court of law. Because the case is dependent on the perspectives of you and the person who has accused you, your solicitor needs to have a valid idea of how the law works and be able to rep all of the facts indispensable to manufacture a strong defence. The solicitors at Stephen Lickrish & Associates have dealt with an array of harassment cases, and while they are based in Manchester they operate nationally. Whether you’re looking for harassment solicitors in London or need assist with your harassment case in the North East, Stephen Lickrish & Associates can attend you through every step of the process. They also have experience in defending cases for other offences, including but not shrimp to: ‘ serve Fraud ‘ Mortgage Fraud ‘ Sexual Offences ‘ Money Laundering ‘ Terrorism You can contact these expert solicitors on 0161 237 1913 or on their 24 hour emergency apt advice helpline on 0800 988 64 22.

accurate :: A belief On Criminal Defense Lawyer

A criminal lawyer is one who is expertise in handling different types of case and law related to crime. The ultimate task of this law person is to offer its services to the people who are been charged under the crime act and sue the accused for such crime. On the other hand, the basic belief of using the services of worthy law person is to rep a lawyer for ourselves whose work is to fight for us and to conclude success in the courtroom. As it is a known fact that there are many sections included in the criminal law there are various categories too which are enthusiastic in criminal lawyers.

The selection of law person is based upon the category of the crime and the philosophize under which the person has been charged for committing the crime. Thus to relieve you in finding out the best criminal lawyer, it is very considerable for you to know various sections and categories fervent in the crime.


Those individuals who are charged for committing crime such has abduction, slay, hit and bustle, sex violence, theft, rape, and domestic violence and other such type of crime will be looking for the person who is experienced in dealing such cases in court. A criminal defense lawyer is one such person who will offer its service to those people that are charged under these kinds of crimes. Such splendid persons will first begin off their services by having a conversation with the accused party. From such communication they will try to investigate on various points and will near to know the valid details of the event. These law protecting people are always high in put a question to as for the reason they are the one who fight for the justice on behalf of accused.

After having a conversation and listening to their clients concept on the event these lawyers will commence off with their research work to catch more data and evidences so that they are able to prepare for proceedings in the court. They will study into each fact very deeply and will clearly so that they advance to know as why such crime has taken position. The proceeding will sustain on taking set unless and until the accused himself accepts the crime and term himself as a guiltly. If not the law person will acquire out various evidence which are related to case and will fight for the justice.


The criminal defense lawyer is a lawyer who uses to develop following steps: -investigating the case -producing warrants for search -examining and prepare the arrest complaint -measure of inadequacy or assertion -performing for bail or plea bargains -conducting trials

The last task of the law person is to execute an appeal on behalf of the accused. The defense lawyer is permitted to produce a petition to only one level of the appellate court.

great Advice If You Need A Lawyer!

When confronted with the fact that you require correct assistance, you may be overwhelmed by complexities in finding the accurate lawyer for your spot. Don’t terror. Although it may initially seem intimidating, it’s not really that hard. Read the below article to learn more knowledge about finding the best lawyer to characterize you.

Don’t hire a lawyer who comes to you. This is typically a scam where lawyers are simply looking for money. Only hire a lawyer that you want.

contemplate about what exactly you want before you sight for a lawyer. First, you should believe about whether you really need a lawyer. You will need an attorney if you’re going through a divorce, are being sued, or you are charged with criminal activity. While your case may not tumble into any of these fields, you may serene need a lawyer.

Hiring a specialty lawyer may cost you more up front, but it may cost you less later on. You’ll get that a regular lawyer will acquire more time than a specialist which costs you more in the long hurry.

While it’s accurate that you are the employer in a client-lawyer relationship, you must also have faith in your lawyer’s insight. Be definite to say so if your lawyer tells you something that makes you anxious or downhearted. They want to aid you, so sing up.

support away from lawyers who leave you feeling uneasy. If you do not like the intention the lawyer will bill you, depart on. Do not trace blank checks or agree to a fee structure you do not understand. Ask for an estimated cost so you know what to demand.

Log all interactions with the lawyer. Jot down what you spoke about, what the date and time was and whatever you discussed about payments or bills. This may back you with handling issues that may occur later, such as creating larger bills or fees that are unexpected or that you don’t understand.

preserve your financial location in mind. You might have a location and case where you feel you are accurate, but at what cost? Research the types of fees you will fill if you decide a clear attorney. Sit down and talk to them about your budget and what you hope to conclude. Understand that things may cost more than you initially conception.

You should always agree on fees and do them in writing before the case starts. This is trustworthy, as you can keep the monetary details of the case tedious you and give the precise case your tubby attention. In addition, it will give you a chance to organize your finances.

When you’re shopping around for an attorney, settle one that specializes in the same type of court case you’re keen in. You can gather a lawyer for unbiased about any specialty. Some examples are estate law, criminal law and more. gather the proper lawyer the first time, so you don’t have to obtain changes to your team later on.

When you understand what the different kind of attorneys and kind of accurate matters they handle are, you will realize how everything falls into easy to steal groups. fair create a few calls to places, ask some questions and you should be able to locate the assistance that you’re looking for. pleasant luck with your endeavor.Article Source: more than twenty years, I have been successfully representing injured plaintiffs in complex individual and class action lawsuits throughout the United States. Testosterone Heart Attack Lawsuit Center