Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 91 - 100 of 205 results for sanction

Who's afraid of North Korea? Not the South Koreans

BENJAMIN ONG  |  TUESDAY, 5 SEP 2017
Scary headlines over the prospect of an all-out war between North Korea and the United States (and its allies) continue to flood cyberspace. The latest of which is America's ambassador to the United Nations Nikki Haley's remark that Kim Jong-un is "begging ...

Insurers held to account with new FSC code

ALEX BURKE  |  MONDAY, 3 JUL 2017
The Financial Services Council rolled out its Life Insurance Code of Practice, along with a new set of standardised medical definitions, on July 1. The new definitions for cancer, heart attack and stroke in trauma and critical illness policies were ...

FPA expels and fines dishonest member

EMMA RAPAPORT  |  WEDNESDAY, 15 FEB 2017
... and ethics of the FPA's members," the panel stated. "Given Mr Tindall's denials, the panel has no confidence any lesser sanction could be imposed that would meet the purpose of protection of the public." Tindall is to pay a fine of $16,000, and must ...

FPA expels cheating member

EMMA RAPAPORT  |  THURSDAY, 19 JAN 2017
... four allegations alleged, and that his actions amounted to misleading, deceptive, fraudulent and dishonest conduct. His sanction is yet to be determined. In a statement, Dante De Gori, chief executive of the FPA, said the CRC plays a vital role in regulating ...

JPMorgan Chase to pay bribery fines

KERRIE SYDEE  |  FRIDAY, 18 NOV 2016
JPMorgan Chase & Co has agreed to pay more than US$130 million to settle charges brought against it by the Securities and Exchange Commission (SEC) after winning business from clients and corruptly influencing government officials in Asia Pacific by ...

Professional standards legislation reaches parliament

KERRIE SYDEE  |  MONDAY, 17 OCT 2016
... held to a high standard of ethics and that non-compliant advisers are subject to disciplinary action and discipline and sanction by the monitoring bodies. "This independent standards body will raise minimum standards in the financial advice industry ...

Life Insurance Code targets self-regulation

MARK SMITH  |  TUESDAY, 11 OCT 2016
An independent committee will have the ability to sanction insurers who do not comply with a new set of standards laid out in an industry-wide Life Insurance Code of Practice produced by the Financial Services Council (FSC). The new code, released today ...

Fixed income investors turning to Serbia

ALEX BURKE  |  THURSDAY, 26 MAY 2016
Fixed income investors need to focus on new opportunities for return in a low-rate environment, according to T. Rowe Price portfolio manager and head of international fixed income Arif Husain. Speaking at the T. Rowe Price Equities Adviser event in ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 29 MAR 2016
US personal income and outlays Sluggish US personal income and spending data have doused speculations of an April rate hike - prompted by St. Louis Fed president James Bullard's comments last week that, "You get another strong jobs report, it looks ...

Drown baby, drown

BENJAMIN ONG  |  MONDAY, 18 JAN 2016
Where have all the buyers gone? Two weeks into the new year and they're still MIA. Given recent events, they appear to be drowning - drowning in a sea of oil, that is....and there'll be more gushing out of the grounds soon, out of Iran as Friday's speculations ...