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Showing 1 - 10 of 27 results for tarnish

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  WEDNESDAY, 8 NOV 2023
Treasury's proposed three-year moratorium on private litigation related to Scope 3 reporting as part of its proposed mandatory climate-related financial disclosure package has raised fears that it would give companies the green light to greenwash. ...

Job market strong despite looming recession: Study

CHLOE WALKER  |  MONDAY, 16 JAN 2023
... said. "Even though this is a minority of companies, extensive thought is needed when deciding to issue layoffs as it can tarnish future attraction and retention strategies."

How managers win ESG mandates

ELIZABETH MCARTHUR  |  TUESDAY, 27 APR 2021
... news about governance, culture, the treatment of staff or the investment choices within other non-ESG products could all tarnish a reputation. The findings are reflected in recent decisions by numerous superannuation funds to drop AMP Capital as manager ...

APRA proposes new banking data policies

ALLY SELBY  |  FRIDAY, 6 DEC 2019
... data it makes publicly available on banks, credit unions and building societies. It comes as various scandals continue to tarnish Australia's banking industry post Hayne Royal Commission. According to APRA, the move will increase accountability, support ...

CBA chief tasked with rebuilding banking

ALLY SELBY  |  WEDNESDAY, 4 DEC 2019
Commonwealth Bank chief Matt Comyn has taken over the reins as chair of the Australian Banking Association (ABA). The position is rotated between the chief executives of Australia's major banks, with ANZ chief executive Shayne Elliot stepping down from ...

Train of legislation to hit advisers

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 AUG 2019
Speaking at the Association of Financial Advisers National Conference, former Foreign Minister Julie Bishop expressed sympathy for the regulatory changes the advice industry is facing. Touching on the Royal Commission, Bishop said the reputational harm ...

Adviser regulation lacking a professional body, RC hears

KARREN VERGARA  |  FRIDAY, 27 APR 2018
... advisers as members despite them receiving official banning orders from ASIC because the association didn't want to tarnish its reputation and engage in a legal battle. AFA chief executive Philip Kewin faced the country's highest form of public ...

RC findings bring shame on advice industry: social media

ALEX BURKE  |  TUESDAY, 17 APR 2018
Multiple social media commentators suggested the findings revealed in today's inquiry have brought shame on the financial advice industry. Today's inquiry focused largely on AMP and the 90-day exception rule which enabled the group to charge fees for ...

Financial services data breaches recorded

HARRISON WORLEY  |  FRIDAY, 13 APR 2018
The Australian finance sector was responsible for 13% of notifiable data breaches reported to the Office of the Australian Information Commissioner in the first quarter of 2018. The OAIC Quarterly Statistics report outlined the top five industry sectors ...

Advisers underprepared for cyber risk high-stakes

DARREN SNYDER  |  WEDNESDAY, 14 MAR 2018
Financial advisers and superannuation funds understand the stakes behind cyber incidents but it's not reflected in business preparation and protection processes. This is a key finding in the latest industry survey from Kamino Cyber Security, a division ...
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