Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 29 results for "REP 515"

Australian equity markets remain clean: ASIC

KRISTI CHENG  |  THURSDAY, 1 AUG 2019
Australia is among the most efficient or "cleanest" equity markets compared with the rest of the world, according to a recent ASIC review. The review by ASIC found Australian equity markets continue to operate with "a high degree of integrity". Measuring ...

XPLAN picks up Lumen integration

HARRISON WORLEY  |  FRIDAY, 3 AUG 2018
IRESS integrated its recently acquired data analytics solution with financial planning software XPLAN. IRESS has made it easier for licensees to identify actual and potential scenarios where advice standards are not being complied with by integrating ...

Vertically aligned institutions pay $21.4m compensation

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2018
ASIC said clients of the big four banks and AMP who received non-compliant financial advice will be compensated a further $21.4 million. This adds to the $30 million compensation bill ASIC announced in March 2017 after it investigated how large institutions ...

APRA and ASIC launch insurance claims pilot

ALEX BURKE  |  TUESDAY, 9 MAY 2017
APRA and ASIC jointly launched the pilot phase of an initiative to raise standards of public claims reporting in the life insurance industry. The goal of the initiative, initially mooted in ASIC's REP 498 report in October 2016, is for the two regulators ...

ASIC determines Aussie equity market "mostly clean"

ALEX BURKE  |  WEDNESDAY, 10 AUG 2016
ASIC has found in a new report that 95% of listed equity trades on the market "exhibited no (or negligible) anomalous trading patterns" ahead of material announcements from November 2014 to October 2015. The regulator's Review of Australian equity market ...

FEATURE: Where next for risk advice?

ALEX BURKE  |  TUESDAY, 28 APR 2015
Assistant Treasurer Josh Frydenberg says the clock is ticking for the industry to implement the recommendations in the Trowbridge report. Alex Burke investigates what that might mean for risk advice. "It is up to the industry now to restore public confidence ...

ASIC warns of complacency over confidential information

MARK SMITH  |  TUESDAY, 27 MAY 2014
The Australian Securities and Investments Commission (ASIC) has found little evidence of selective disclosure of market sensitive information at analyst briefings but has warned companies not to become complacent. In 2013, ASIC looked at the handling ...

PROFILE: Centric Wealth CEO Phil Kearns

JAMES FERNYHOUGH  |  WEDNESDAY, 26 FEB 2014
Ex-Wallaby captain and chief executive ofA Centric Wealth Phil Kearns tells JamesA Fernyhough that there are more similarities between rugby and financial advice than first meet the eye. For a future Wallabies captain, Phil Kearns' rugby career did ...

ASIC issues governance warning on local emerging market companies

MARK SMITH  |  TUESDAY, 27 AUG 2013
The Australian Securities and Investments Commission (ASIC) has issued a warning over corporate governance in Australian companies that have significant operations in emerging markets, saying these companies are more susceptible to collapse than domestically ...

FPA calls on ASIC for clearer advice definitions

LINDA HAUSKEN  |  WEDNESDAY, 2 MAY 2012
The Financial Planning Association has called on The Australian Securities and Investments Commission for greater clarity and definitions of quality advice. Approximately 150 practising financial planners, along with licensees and compliance, legal ...