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Showing 91 - 100 of 100+ results for "Compliance"

Sunsuper, QSuper appoint leadership team

JAMIE WILLIAMSON  |  WEDNESDAY, 9 JUN 2021
... officer. Meanwhile, a chief of staff role has been created, with Sunsuper's executive general manager, risk, legal and compliance Lachlan East appointed. "The appointed executives have the right mix of expertise and experience to deliver outstanding ...

Halifax auditors face criminal charges

ELIZABETH MCARTHUR  |  TUESDAY, 8 JUN 2021
... looking into the company for some time, with ASIC initially finding deficiencies in the business' risk management and compliance processes in April 2013. The firm went into voluntary administration in November 2018 with $19.7 million of client funds ...

CFAs not immune to pay cuts

KANIKA SOOD  |  TUESDAY, 8 JUN 2021
... affected between January 2020 to the April/March survey were investment consultants (34% of respondents affected), compliance analysts or officers (also 34%), economists (33%), and consultants (32%). Roles where the least respondents reported a decrease ...

Life Code Compliance Committee chair named

ANNABELLE DICKSON  |  TUESDAY, 8 JUN 2021
The Financial Services Council and AFCA have jointly appointed Jan McClelland as chair of the Life Code Compliance Committee (LCCC). McClelland has extensive board experience and is currently deputy chancellor at the University of New England, chair ...

Super fee squeeze continues

KANIKA SOOD  |  MONDAY, 7 JUN 2021
... there is an overwhelming trend towards super funds lowering their fees," Rainmaker executive director of research and compliance Alex Dunnin said. Looking at the mix of fee cuts amongst the fee cutters: about a third lowered their administration fees ...

AUSTRAC investigates NAB, JBWere

KARREN VERGARA  |  MONDAY, 7 JUN 2021
... obligations, according to AUSTRAC. The financial intelligence agency is investigating NAB's "potential serious and ongoing non-compliance" with respect to customer identification procedures, ongoing customer due diligence, and its ability to comply with ...

Forex CT cops $20 million fine

ANNABELLE DICKSON  |  WEDNESDAY, 2 JUN 2021
... Yoshai has also been ordered to pay a $400,000 fine. His Honour Justice Middleton found that Forex CT had "systemic compliance deficiencies" and a culture of non-compliance and said that "the vast losses incurred by clients support the imposition of ...

Licensee awards tech mandate

KARREN VERGARA  |  TUESDAY, 1 JUN 2021
... such as errors and multiple iterations of the same documents and protect themselves and their licensees with automatic compliance," Liao said.

Super fund risk culture "immature": APRA

ELIZABETH MCARTHUR  |  FRIDAY, 28 MAY 2021
... is looking out for toxic corporate culture and instances of misconduct. Speaking at the ASFA Spotlight on Risk and Compliance event, Smith said workplace misconduct has never been a more high-profile issue in the media. "A single serious accusation of ...

Potential small carve out for annual renewal law

KARREN VERGARA  |  THURSDAY, 27 MAY 2021
... ASIC about the issue. They listened to the associations' concerns. As a result, ASIC will take a "facilitative compliance approach", meaning that it will not take regulatory action where breaches occur during the transition year, being 1 July 2021 ...