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Showing 1021 - 1030 of 4101 results for "Conduct"

Zenith introduces ESG classification

KARREN VERGARA  |  FRIDAY, 16 JUL 2021
More than 800 funds on Zenith Investment Partners' approved product list now have a responsible investment classification. The responsible investment classification aims to help financial advisers with an environmental, social and governance (ESG) ...

No charges in AMP BOLR investigation

JAMIE WILLIAMSON  |  FRIDAY, 16 JUL 2021
ASIC's criminal investigation into AMP's fee-for-no-service conduct related to its Buyer of Last Resort Policy has wrapped up, with the regulator and Commonwealth Director of Public Prosecutions determining no charges should be brought. Under ...

Be ready for negative rates: APRA to ADIs

JAMIE WILLIAMSON  |  MONDAY, 12 JUL 2021
... operational risks and ensure that there are appropriate controls in place to manage them. ADIs should also consider any relevant conduct related issues, including the potential for conflicts of interest, fair treatment of clients, and asymmetry of information." ...

FASEA scraps three-month rule

KARREN VERGARA  |  FRIDAY, 9 JUL 2021
The Financial Adviser Standards and Ethics Authority is introducing a relief that will allow financial advisers to sit the November examination regardless of their last sitting. FASEA is proposing to relax the three-month registration requirement in ...

Fund managers failing value assessments: FCA

KARREN VERGARA  |  THURSDAY, 8 JUL 2021
... UK's financial services regulator reveals. A review of 18 fund managers between July 2020 and May 2021 by the Financial Conduct Authority found that active managers do not seriously consider how their investment policy, strategy and fees work together ...

ASIC disqualifies SMSF auditor

ANNABELLE DICKSON  |  WEDNESDAY, 30 JUN 2021
... referred to ASIC. Both ASIC and the ATO act as co-regulators of SMSF auditors. The ATO's role is to monitor SMSF auditor conduct and then refer matters to ASIC for further action. "SMSF auditors are fundamental to the SMSF sector and must meet minimum ...

UK bans crypto exchange Binance

ELIZABETH MCARTHUR  |  MONDAY, 28 JUN 2021
The UK Financial Conduct Authority has banned well-known and popular crypto exchange Binance from operating in its jurisdiction. Binance, which is Cayman Islands domiciled, claims to be the biggest Bitcoin exchange and alt-coin cryptocurrency exchange ...

HESTA nabs Hostplus executive

ELIZABETH MCARTHUR  |  MONDAY, 28 JUN 2021
... shareholder in - following the Juukan Gorge destruction. The fund's engagement work aimed to see the company improve its conduct and agreements with traditional owners. "Rio Tinto's destruction of the Juukan Gorge caves and the AMP sexual harassment ...

Buffett resigns from Gates Foundation

ELIZABETH MCARTHUR  |  FRIDAY, 25 JUN 2021
Amid the Gates' divorce, Warren Buffett has resigned from the couple's foundation - though he says the resignation is in-line with his plan to step down from all boards. As Buffett announced his annual contribution of Berkshire Hathaway shares to philanthropic ...

ASIC takes on NAB for fee-for-no service breaches

KARREN VERGARA  |  FRIDAY, 18 JUN 2021
... unbeknownst to them. ASIC alleges that the contraventions were not the result of negligence or carelessness. NAB's conduct was "systemic, avoidable not merely mistaken and it persisted after May 2018", when the bank and its senior management were ...