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|Search Results||Showing 91 - 100 of 100+ results for "Regulatory"|
|ASIC has commenced proceedings against the Commonwealth Bank (CBA) for overcharged interest to thousands of customers, as revealed during the Royal Commission. In the Federal Court, ASIC will allege that CBA charged a rate of interest on business overdraft ...|
|... management framework, ensuring accurate calculation of the LCR and NSFR1. While Westpac's LCR and NSFR are comfortably above regulatory minimums, APRA's actions reflect how seriously we view breaches of our prudential requirements," APRA deputy chair ...|
|... system that covers all financial advisers, including individual tax (financial) advisers, is in the works and that any regulatory overlap should be reduced. "Tax (financial) advisers will only be subject to a single disciplinary regime," he said. The ...|
|ASIC has cancelled the AFSLs of two financial services providers, one from Victoria and the other from Western Australia. Victorian financial services provider Jels Financial Group has had its license cancelled by the regulator for failing to demonstrate ...|
|ASIC has taken action against Maliver and its sole director, Melissa Caddick - who has been missing in unclear circumstances for over a week - over concerns investor funds were misappropriated. The Federal Court has made interim orders against Maliver ...|
|Craig Gore was sentenced to five years' imprisonment with a non-parole period of two years on six counts of fraud involving $345,000. Gore was initially arrested on 14 April 2017 after being charged with fraud relating to obtaining funds from self-managed ...|
|The abundance of serious financial crime has dropped significantly from last year, according to AUSTRAC's Fintel Alliance operations report. In FY2018/19 15% of the group's operations were in relation to serious financial crime, with the FY2019/20 year ...|
|The Australian Securities and Exchange Commission (ASIC) has provided guidance to trustees of unregistered managed investment schemes in relation to whether they require an Australian financial services licence. The regulator stressed that a trustee ...|
|... decision to implement ALLFINANZ Cloud ensures ClearView is able to dynamically manage its compliance obligations and any regulatory changes while pursuing long-term sustainable growth," Lowe said. Other life insurers that have adopted ALLFINANZ Cloud ...|
|... Frank join the ASFA Board as we work to address the challenges presented by COVID-19, the changing legislative and regulatory landscape, and the increasing importance of securing sustainable retirement outcomes for Australians." The board also comprises ...|
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IOOF expects to spend up to $32 million on paying out Buyer of Last Resort arrangements with financial advisers leaving its network, primarily from Bridges Financial Services.
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Link Group is now exploring the possibility of listing PEXA despite recently flagging there was strong interest from other parties in buying the property settlement platform.
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PIMCO has named a new lead for its Asia Pacific business as part of an executive shuffle announced overnight.
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Even before the COVID-19 vaccine arrived in Australia, it was clear we were returning to pre-pandemic normality, and latest stats back this.
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