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Showing 71 - 80 of 2374 results for "Institutions"

Regulators begin FAR consultation

CHLOE WALKER  |  THURSDAY, 20 JUL 2023
... APRA-regulated entities by imposing a strengthened responsibility and accountability framework for those financial institutions. It is intended the FAR will become effective for ADIs six months after the legislation received Royal Assent, while insurance ...

Leigh Watson caps four decades in industry

ELIZABETH FRY  |  FRIDAY, 14 JUL 2023
... that, he worked at National Australia Bank as executive general manager of asset servicing and then of financial institutions, but also doing a stint as chief operating officer in Asia. Previously he served as chief executive of Asia at MLC. Having worked ...

Office sector down 8%: MSCI

KARREN VERGARA  |  FRIDAY, 14 JUL 2023
... even stronger if rising interest rates compound it. Similarly, the impact could be stronger if troubled financial institutions decide to more quickly reduce the price of property they finance or own," McKinsey said.

ESR appoints investment, operating chiefs

CHLOE WALKER  |  WEDNESDAY, 12 JUL 2023
... experience, having held leadership roles across the private equity and real estate divisions in various financial institutions, including Chicago-based Mesirow Financial, where he founded the real estate investment management division. In his new role ...

Adviser demand up as industry turns corner: Recruiter

KARREN VERGARA  |  FRIDAY, 7 JUL 2023
... client service roles with limited or no supply in many regions. "The flow-on effect of the group exits of banks and institutions switched off graduate entry supply channels and that has started to bite. We see outsourcing not only becoming a popular ...

Asset managers dismiss liquidity risks: FCA

KARREN VERGARA  |  FRIDAY, 7 JUL 2023
... cost-of-living crisis also grips the UK, the FCA, under the new Duty, has set out its expectations for financial institutions to offer consumers fair and competitive saving rates. The FCA said that it has seen "some positive action by banks and building ...

Institutions must raise the bar on cybersecurity resilience: APRA

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
Insights from APRA expose a lack of compliance with cybersecurity obligations is leaving hundreds of institutions open to financial crime. The regulator plans to have assessed more than 300 banks, insurers and super trustees' compliance with CPS 234 ...

Apostle links with venture capital firm

KARREN VERGARA  |  MONDAY, 3 JUL 2023
... University and the University of Rochester. Many of Safar's board members, trustees, and partners come from these institutions. Safar's Fund I was launched in May 2019 with US$287 million ($431.1m) in commitments. Fund I is now closed, Fund II ...

Netwealth relaunches Wealth Accelerator

JAMIE WILLIAMSON  |  FRIDAY, 30 JUN 2023
... of reports. It also includes third-party data feeds, importing clients' data held with banks and other financial institutions, residential property information, and asset holdings. Netwealth said this is the first time Wealth Accelerator users have had ...

Adviser levy tripled, labelled "deeply unfair"

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... in our sector, yet recoveries are only $2.1 million. Financial advisers are funding litigation costs against large institutions, when the fines are going to consolidated revenue, and advisers are left with a tiny fraction of these costs being recovered," ...