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Showing 1021 - 1030 of 3496 results for "compliance"

Westpac considering NZ demerger

ANNABELLE DICKSON  |  THURSDAY, 25 MAR 2021
... commission independent reports into its risk governance and liquidity risk management. "We have experienced ongoing compliance issues with Westpac NZ over recent years, most recently involving material failures to report liquidity correctly, in line ...

Industry fund chief steps down

KARREN VERGARA  |  TUESDAY, 23 MAR 2021
... that would attract other funds to the platform. We have built a complete solution that delivers efficiencies, improves compliance and transparency, and frees up fund managers and promoters to focus on growth and their members," he said. The merger is ...

ASIC praises super trustees

ELIZA BAVIN  |  TUESDAY, 23 MAR 2021
... non-compliant because of issues with procedures and record keeping." ASIC said despite some of its assessments showing non-compliance, it did not identify any serious consumer detriment.

Bennelong hires for new role

ELIZABETH MCARTHUR  |  MONDAY, 22 MAR 2021
... Services Council and spent four years at Challenger working on retirement income policy and boutiques and investments compliance. She has been a strategic product consultant and product adviser with Bennelong for a few months before stepping into the ...

WTW wins mandate from NZ government super fund

ELIZABETH MCARTHUR  |  THURSDAY, 18 MAR 2021
... terms of assessing the GSFA's statements of investment policies, standards and procedures for their appropriateness and compliance. The final report will have to be delivered to New Zealand Treasury by mid-May this year. "Following the Treasury's Request ...

Foreign exchange brokers banned

ANNABELLE DICKSON  |  THURSDAY, 18 MAR 2021
... more money to Forex. ASIC noted Yoshai's 10-year ban was a result of his serious lack of understanding and regard for compliance given his role in the business. Yoshai was involved in Forex CT's breaches of the Corporations Act including failing to do ...

Admin fees could balloon from BFID

KARREN VERGARA  |  TUESDAY, 16 MAR 2021
... procedural issues, and record-keeping obligations will apply to all decisions. This will increase the administrative and compliance obligations of trustees," he told Financial Standard. Super funds are already inundated with regulatory obligations, such ...

Trading platform slapped with licence conditions

KARREN VERGARA  |  MONDAY, 15 MAR 2021
A trading platform was slapped with additional conditions from ASIC for several compliance failures. ASIC is doubtful if retail OTC derivative issuer AxiCorp Financial Services has the appropriate procedures and internal controls to meet regulatory ...

Former AMP adviser in enforceable undertaking

ELIZABETH MCARTHUR  |  MONDAY, 15 MAR 2021
... entered in 2019. ASIC also commenced civil proceedings late last year, alleging Thorne took deliberate steps to avoid compliance with the court enforceable undertaking. Thorne was an authorised representative of SMSF Advice, a wholly owned subsidiary ...

Allianz to rectify past deficiencies

ELIZA BAVIN  |  WEDNESDAY, 10 MAR 2021
... and serious. APRA agreed to accept a court enforceable undertaking (CEU) from Allianz acknowledging its past risk and compliance weaknesses and committing to finish rectifying the serious issues. "The CEU commits Allianz to completing a series of transformation ...