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Showing 1091 - 1100 of 9006 results for "Regulator"

Beware creep of cancel culture into super fund governance: Lawyer

ANDREW MCKEAN  |  FRIDAY, 7 MAR 2025
The prudential regulator is calling for the consideration of perceived conflicts of interest and reputational risks when appointing directors, and while it's easy to think of cases where this would be appropriate, Gilbert + Tobin partner Luke Barrett ...

Tokenisation can save US$135m in back-office costs: Study

KARREN VERGARA  |  FRIDAY, 7 MAR 2025
Tokenisation can save the asset management industry US$135 billion in back office and administrative costs that drain the bottom line, a new study from Calastone found. The survey of 26 asset managers from Asia, the UK, US and Europe expressed their ...

ASIC bans adviser jailed for supplying drugs

MATTHEW WAI  |  FRIDAY, 7 MAR 2025
ASIC has banned Northern Territory financial adviser Harris Shortland for seven years, following his conviction for supplying dangerous drugs. In December 2021, Shortland was convicted on drug offences after having been arrested in July 2018 for importing ...

Vanguard launches two new diversified ETFs

ANDREW MCKEAN  |  THURSDAY, 6 MAR 2025
... management fee of 0.27% per annum. Meanwhile the Vanguard Diversified Income ETF (ASX: VDIF) targets investors looking for regulator income with some capital growth potential, blending investment grade fixed income, corporate bonds, and high dividend ...

Super, insurance, and bank boards' 'poor practices' targeted by APRA

ANDREW MCKEAN  |  THURSDAY, 6 MAR 2025
... insurers, and banks are on notice, with APRA proposing changes to "strengthen and streamline" governance requirements. The regulator has released eight proposals in what marks the first "significant update" of its governance standards in more than a ...

Large financial firms falling behind on AI adoption

ELIZA BAVIN  |  THURSDAY, 6 MAR 2025
As artificial intelligence (AI) continues to rise, larger financial firms are lagging small and medium sized businesses when it comes to adoption, according to Evolved.AI chief executive Mike Kollo. Kollo - who is in Sydney preparing to present at the ...

Insurance through superannuation stages a comeback

ANDREW MCKEAN  |  TUESDAY, 4 MAR 2025
After years of decline, the number of superannuation fund members with insurance is on the rise. Legislative changes in 2019 made insurance opt-in for those with low balances, inactive accounts, or those aged under 25 - taking a sledgehammer to the ...

Treasury responds to CHESS replacement inquiry

ELIZA BAVIN  |  TUESDAY, 4 MAR 2025
... the current CHESS system. Likewise, of the recommendations Treasury noted, most were directed towards the corporate regulator and the RBA and their continued monitoring of the CHESS Replacement project. Treasury said it supports in principle that another ...

SEC drops civil enforcement case against Coinbase

ANDREW MCKEAN  |  MONDAY, 3 MAR 2025
The Securities and Exchange Commission (SEC) has filed a joint stipulation to dismiss its civil enforcement action against Coinbase Inc, and its parent company, Coinbase Global. The decision follows the formation of the SEC's Crypto Task Force in January ...

Freezing order slapped on First Guardian Master Fund, Falcon Capital

KARREN VERGARA  |  MONDAY, 3 MAR 2025
ASIC has taken action to freeze the assets of the First Guardian Master Fund and its responsible entity Falcon Capital nearly one year after investors were locked out from accessing their funds. The First Guardian Master Fund is run by First Guardian ...