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Showing 1101 - 1110 of 2224 results for "Systems"

YTML goes for growth

EMMA RAPAPORT  |  THURSDAY, 9 FEB 2017
... head of business solutions, Francis Cheung, will head up YTML's advice innovation and solutions; and former Enzumo XPLAN systems technician, Carmen Lee, joins as business solutions consultant. YTML chief executive Kevin Liao said the appointments were ...

Financial advisers losing communication battle

EMMA RAPAPORT  |  MONDAY, 6 FEB 2017
... believed much of the discussion was "overhyped," he encouraged advisers to learn from ease of use which automated robo-advice systems have to offer, and incorporate these benefits into their own practice. Kapoor also identified the changing nature of ...

ASIC targets NAB super after compliance breakdown

ALEX BURKE  |  THURSDAY, 2 FEB 2017
... products Garry Mulcahy said: "We support the Assurance Review as it will give our customers further confidence in the systems and processes supporting our superannuation business, following a period of significant transformation. Over the past five years ...

Government repeats fintech focus

JAMIE WILLIAMSON  |  FRIDAY, 27 JAN 2017
... for governments to consider harnessing financial technology to implement cost-effective regulation, saying compliance systems and regulation need to adapt to meet changing consumer expectations and commercial offerings. "By better utilising technology ...

Industry funds blame ATO for super underpayment

EMMA RAPAPORT  |  WEDNESDAY, 25 JAN 2017
... will mean workers will retire with tens of thousands of dollars less than they should. "It is disturbing that compliance systems are allowing the underpayment of the super guarantee to go on year after year," ISA public affairs director Matthew Linden ...

Product conflicts in retail banking: ABA report

ALEX BURKE  |  THURSDAY, 19 JAN 2017
... product based payments," but said it "does highlight the importance of culture, good governance, performance management systems, compliance checking, and communications across the organisation and by management, as all related to remuneration."

ASIC imposes $40,000 penalty

EMMA RAPAPORT  |  TUESDAY, 17 JAN 2017
... Corporations Act, which requires traders to ensure appropriate automated filters for their automated order processing (AOP) systems. "Although Pershing tested the operation of the filters in the test environment, Pershing was negligent in failing to ...

Regulator finalises ANZ compliance review

ALEX BURKE  |  FRIDAY, 23 DEC 2016
... refunds and compensation of around $4.5 million. At the time, ASIC deputy chair Peter Kell said: "Appropriate compliance and systems to monitor compliance are essential for banks to adhere to their AFS obligations. This is important in maintaining customer ...

Suncorp fined for consumer credit breach

ALEX BURKE  |  FRIDAY, 23 DEC 2016
... collections staff." ASIC deputy chair Peter Kell said: "'Companies engaging in credit activity need to ensure that their systems have rigorous checks and balances, so that when errors occur, they are detected quickly and don't cause disruption to customers." ...

Two of the big four in ASIC spotlight

ALEX BURKE  |  THURSDAY, 22 DEC 2016
... external third parties using code names. ASIC's undertakings mean both NAB and CBA will make changes to their respective systems, controls, monitoring and supervision to detect and respond to instances of market manipulation, inappropriate trading and ...