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Showing 1081 - 1090 of 6463 results for "regulatory"

James Mawhinney arrested as Mayfair 101 saga rolls on

JAMIE WILLIAMSON  |  WEDNESDAY, 10 APR 2024
Mayfair 101's James Mawhinney was arrested yesterday and charged with engaging in dishonest conduct for allegedly claiming IPO Wealth Group owned companies that it did not. Mawhinney has been in a years-long battle with ASIC now, with the regulator ...

GIP Australia Fund surpasses new milestone

ELIZA BAVIN  |  WEDNESDAY, 10 APR 2024
... to capture attractive investment opportunities in areas that are underpinned by favorable demographic, economic, and regulatory conditions coupled with a rapidly growing demand for private infrastructure investments. The region represents one of the ...

Why fund managers are missing out on investment mandates

ELIZA BAVIN  |  WEDNESDAY, 10 APR 2024
... responsibility, and our research shows that failure to deliver can ultimately lead to lost investment," Ocorian head of regulatory and compliance Aron Brown said. "But compliance and risk teams must have the right investment and support in order to be ...

Qantas Super taps fintech as an investment consultant

ANDREW MCKEAN  |  TUESDAY, 9 APR 2024
... with improved performance and attribution capabilities, detailed analytics for investment performance, compliance and regulatory support, and benchmarking. "The partnership with Ortec Finance has delivered the performance and attribution reporting we ...

IMF flags concerns over 'risky' private credit market

ELIZA BAVIN  |  TUESDAY, 9 APR 2024
... to monitor and assess risks in the private credit market. "Authorities should consider a more active supervisory and regulatory approach to private credit, focusing on monitoring and risk management, leverage, interconnectedness, and concentration of ...

Monochrome makes play to become a spot Bitcoin ETF in Australia

ANDREW MCKEAN  |  MONDAY, 8 APR 2024
... in the Asia Pacific region." Despite this development, the quotation of the fund is subject to market operator and regulatory approvals. Notably, Global X launched the first spot bitcoin ETF in Australia in May 2022. It is structured as a dual trust ...

Heartland finally gets regulatory approval for Challenger Bank acquisition

ELIZA BAVIN  |  MONDAY, 8 APR 2024
Heartland Group Holdings has announced it received indicative regulatory approvals from the Australian Prudential Regulation Authority (APRA) and the Reserve Bank of New Zealand (RBNZ) for Heartland Bank's acquisition of Challenger Bank. Heartland said ...

Treasury mulls transfer balance credit provision reforms

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
The government is consulting on changes to provisions afforded to super fund members with a capped defined benefit income stream to ensure they are not negatively impacted in the event of a merger. Under current legislation, when a super fund merges ...

Suncorp sells NZ life business to Resolution Life

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
... changes to the business under the acquisition, with the management team and brand to remain. It remains subject to regulatory approvals. Suncorp New Zealand chief executive Jimmy Higgins said he believes the acquisition is in the best interests of Asteron ...

Fund managers prepare for harsher penalties

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
... Overall, just 30% of alternative fund managers interviewed believed their organisations were excellent at meeting their regulatory requirements, with 66% saying they were good at it and only 1% describing their ability to do so as poor. Aron Brown, head ...