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Showing 81 - 90 of 3182 results for "Maintain"

Small, large entity regulation needs balance: APRA

KARREN VERGARA  |  WEDNESDAY, 22 NOV 2023
... I'm very proud of the team, the work that was done to build that system; the responsiveness; we've been able to maintain confidence in the [system]," he told the ASIC Annual Forum this morning. While the major banks are raking in massive profits ...

SEC sues Kraken exchange again

CASSANDRA BALDINI  |  WEDNESDAY, 22 NOV 2023
... $4 billion to resolve the Justice Department's investigation and Zhao, who has also pleaded guilty to failing to maintain effective anti-money laundering, will also step down from the top job. In June, the SEC announced it was suing the world's ...

ASX awards settlement, clearing mandate

KARREN VERGARA  |  MONDAY, 20 NOV 2023
... and chief executive Helen Lofthouse said: "This next phase of the project will be a multi-year undertaking and ASX will maintain our investment in the current CHESS platform to ensure it continues to operate efficiently and reliably until the replacement ...

Wages growth reaches unsustainable level: Mousina

CASSANDRA BALDINI  |  THURSDAY, 16 NOV 2023
... inflation, so they want to be compensated for that, but in the long term, it's not sustainable for the economy to maintain wages growth at 4%." As per today's ABS data, the unemployment rate rose by 0.2% to 3.7% in October. The change was accompanied ...

First Sentier, AlbaCore complete partnership

CHLOE WALKER  |  THURSDAY, 16 NOV 2023
... autonomy with no change to its operations, teams, office locations, or brand. Additionally, AlbaCore's executive team will maintain a minority ownership stake in the business and will continue to invest capital into funds alongside First Sentier Investors. ...

ASIC to crack down on superannuation misconduct

ANDREW MCKEAN  |  WEDNESDAY, 15 NOV 2023
ASIC has announced plans for strong, targeted enforcement action in the superannuation sector, focusing on member outcomes in 2024. Baring its teeth in an enforcement and regulatory update released today, the corporate regulator signalled that tackling ...

Super fund fees now at record low: Data

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
Superannuation fees in Australia have reached a historic low, with the total expense ratio averaging 0.93% per annum, as per research from Rainmaker Information. Rainmaker Information's analysis of over 1500 superannuation fund fee options, spread across ...

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
... was slower to initially hike than other major global central banks to create a narrow path for a loft landing and/or maintain gains in the labour market, but the trade-off is longer time to achieve its mandated inflation goal." Elsewhere, abrdn head ...

Magellan downplays collapse, open to takeover

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
The newly appointed executive chair of Magellan Financial Group played down the risk of the company collapsing and admitted that the fund manager is an attractive takeover target as he faced tough questions at today's annual general meeting. Andrew ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  WEDNESDAY, 8 NOV 2023
... it is that misleading conduct will occur." He added that accuracy of information "is critical to inform investors and maintain a fair market. "Removing the ability for private litigants to seek legal redress on these critical financial disclosures is ...