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Showing 1 - 10 of 146 results for %22Governance Assessment%22

Auditors lambast mandatory climate reporting requirements

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
... Australian Securities and Investments Commission (ASIC) chair Joe Longo said growing interest in environmental, social, and governance issues had driven the need for more thorough disclosure requirements but said the phased rollout should give companies ...

Bloom Impact, MSC pulled up for greenwashing

RACHEL ALEMBAKIS  |  THURSDAY, 29 FEB 2024
... funds "were exposed to controversial weapons investments, despite Morningstar's Environmental, Social and Corporate Governance (ESG) Policy stating that such investments would be excluded." The PDS for the Morningstar International Shares (Unhedged) ...

ASIC waves red flag at advisers, trustees over Choice products

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... with APRA to drive better practices in the superannuation industry, noting the latter's stated focus on investment governance. It also said the quality of advice provided by advisers could improve and that it is considering a range of regulatory responses ...

Unlisted asset valuation practices under review

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... As part of this, APRA pinpointed asset valuation and liquidity management practices in saying it expects investment governance processes to be sound. The regulator said it will conduct its own review of such practices, looking at the material unlisted ...

Wealth managers shirk cybersecurity priorities

KARREN VERGARA  |  MONDAY, 13 NOV 2023
... practices, 64 funds managers, and 12 superannuation funds canvassed, many exhibited well-developed capabilities in governance, risk management and information asset management. However, some 29% of participants do not encrypt confidential information ...

HESTA welcomes head of portfolio design

CHLOE WALKER  |  TUESDAY, 12 SEP 2023
... next six to 12 months. "Growth in our internal capability has been backed by significant investment in our systems and governance," she said.

APRA finds signs of step change in remuneration practices

ANDREW MCKEAN  |  THURSDAY, 7 SEP 2023
... remuneration design required the most significant adjustments. Conversely, over 60% found that their existing remuneration governance structures would need only minimal changes. Overall, nearly 70% of the surveyed entities rated the overall change required ...

Unlisted asset valuation flaws complicate comparison

ANDREW MCKEAN  |  TUESDAY, 29 AUG 2023
... fund's valuation is not necessarily "better or worse" than another's. "I think what one has to rely on is the governance and the processes that they go to valuation, and the expertise brought to bear in forming the valuation. That's about ...

Liquidate $250bn Future Fund, says think tank

CASSANDRA BALDINI  |  THURSDAY, 10 AUG 2023
... has been said and written about the disproportionate impacts large Australian superannuation funds might have on the governance of Australian businesses. Yet nary is there a word of the ability of the Commonwealth to exercise a similar influence," Burshtein ...

Review forces ASX to fix intra-group conflicts

KARREN VERGARA  |  MONDAY, 31 JUL 2023
... the parent company as a listed entity and its subsidiaries, ASX Clear and ASX Settlement, with respect to the current governance of CHESS and its long-drawn-out replacement. HSF was tasked by the Reserve Bank of Australia on 15 December 2022 to review ...
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