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Showing 1031 - 1040 of 1894 results for "Determine"

Government increases market manipulation penalties

JAMIE WILLIAMSON  |  THURSDAY, 29 MAR 2018
... million in fines. Under new Federal Government reforms, the manipulation of any financial benchmark or product used to determine a benchmark is now a specific offence with civil and criminal penalties applicable. The maximum penalty for an individual ...

PJC doubts life insurance industry can self-regulate

KARREN VERGARA  |  WEDNESDAY, 28 MAR 2018
... mandatory for all industry participants, the report said. It would also give the code compliance committees power to determine whether breaches occurred, give the Australian Financial Complaints Authority (AFCA) ability to enforce compliance through ...

Aurora repays stolen $1 million

ALEX BURKE  |  TUESDAY, 27 MAR 2018
... who joined Aurora from Marshall Investments, where he was also chief financial officer. Aurora conducted a review to determine how the unauthorised transfer occurred and found no further misappropriations from AUP. However, "the same individual" made ...

Milliman hires for greater adviser exposure

JAMIE WILLIAMSON  |  MONDAY, 26 MAR 2018
A former head of adviser solutions at Morningstar Australasia is taking on a newly created role at Milliman. Andrew Whelan has been appointed as director, adviser services at the actuarial firm. He will be responsible for spearheading the development ...

CBA and AUSTRAC agree to mediate

ALEX BURKE  |  FRIDAY, 23 MAR 2018
At the request of both parties, the Federal Court has referred the proceedings between CBA and AUSTRAC to mediation. The Court's decision also requires AUSTRAC to file and serve any reply to CBA's amended response by April 6 and set a timetable for ...

ASIC closes doors on Storm charges with two fines

ALEX BURKE  |  FRIDAY, 23 MAR 2018
... allocated a case manager who investigated the issue, advised that she'd found in our favour, and all that was left was to determine the appropriate remedy. "Two days later, she disappears from FOS and we get allocated a new case manager who says they've ...

Former Provident Capital MD still banned but allowed procedural fairness

DARREN SNYDER  |  THURSDAY, 22 MAR 2018
The Federal Court has upheld ASIC's five-year disqualification of the former managing director at Provident Capital but found the Administrative Appeals Tribunal denied the MD procedural fairness in its hearing. ASIC explained that on 20 February 2015 ...

FSC proposes genetics and insurance council

KARREN VERGARA  |  WEDNESDAY, 21 MAR 2018
... geneticists, health professionals, life insurance industry representatives and other stakeholders to set a framework to determine how genetics and life insurance should interact in the best interest of consumers. Similar to the mental health roundtables ...

AMP flags new practice management platform

ALEX BURKE  |  TUESDAY, 20 MAR 2018
... described Goals 360, which was developed in partnership with Milliman, as being able to run 1000 different scenarios to determine potential advice outcomes. It will be rolled out to the AMP aligned advice network over 2018-19. AMP also noted its ongoing ...

ING appoints head of wealth from Suncorp

ALEX BURKE  |  TUESDAY, 20 MAR 2018
... Rothschild. At the same time as Duncan's appointment, APRA announced ING was granted approval to use its internal models to determine its regulatory capital requirements for credit and market risk. APRA noted: "ING is the first authorised deposit-taking ...