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Showing 1121 - 1130 of 6457 results for "Regulatory"

ASIC takes further action on Prospero

KARREN VERGARA  |  MONDAY, 4 MAR 2024
ASIC is pushing for Prospero Markets to be wound up following revelations that it was linked to one of Australia's biggest-ever money-laundering operations. Former officers and responsible managers of over-the-counter (OTC) derivatives issuer Prospero ...

ASIC cracks down on scammers

CHLOE WALKER  |  MONDAY, 4 MAR 2024
... July 2023 to protect Australians from digitally enabled misconduct. According to ASIC's latest enforcement and regulatory update, it has secured almost $60 million in civil penalties and nine criminal convictions relating to scamming in the half ...

Iress loses key wealth executive

ELIZABETH FRY  |  FRIDAY, 1 MAR 2024
... Bennelong Funds Management, where, as chief client strategy officer, she oversaw product development and management, regulatory affairs, and corporate sustainability. Earlier she spent two years at Milliman as a director of insights and strategy, following ...

'ASX Wolf' Tyson Scholz bankrupt in ASIC crackdown

ANDREW MCKEAN  |  FRIDAY, 1 MAR 2024
ASIC has secured sequestration orders against finfluencer Tyson Scholz, the self-proclaimed 'ASX Wolf,' effectively declaring him bankrupt. The corporate regulator sought sequestration orders against Scholz for not paying Federal Court-mandated costs ...

Former Blockchain Global director confined to Australia

ANDREW MCKEAN  |  THURSDAY, 29 FEB 2024
ASIC has obtained an interim order from the Federal Court to restrict former Blockchain Global director Liang Guo, also known as Allan Guo, from leaving Australia. The corporate regulator is currently investigating Guo and two other Blockchain Global ...

Bloom Impact, MSC pulled up for greenwashing

RACHEL ALEMBAKIS  |  THURSDAY, 29 FEB 2024
The now-defunct app-led climate impact fund is the latest entity to cop a fine for greenwashing from the regulator. Melbourne Securities Corporation (MSC) has paid $13,320 to comply with an ASIC infringement notice relating to allegations of misleading ...

US family office launches Australian arm

CHLOE WALKER  |  TUESDAY, 27 FEB 2024
... that as part of the fallout from the global financial crisis, international banks found themselves facing enormous regulatory hurdles which ultimately resulted in changed business models that became unable to meet the needs of ultra-high-net-worth families. ...

Super funds convene with assistant treasurer

ANDREW MCKEAN  |  MONDAY, 26 FEB 2024
... time," Schubert said. On average, death benefit payments are processed in just over one month. The roundtable explored "regulatory barriers" the government could remove to facilitate quicker processing and higher service standards. Proposals included ...

Super funds in pole position for expanded advice

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... demonstrating their social responsibility and sustainability," she said. Conversely, will the banks be prepared for more regulatory scrutiny and higher compliance costs particularly if there is no additional revenue to buffer such additional time and ...

Iress sells platforms business

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... completes. Iress reported a $137 million loss in the first half of the 2024 financial year. It expects to gain $7 million in regulatory capital once the transaction finalises in April and will ultimately be used to retire debt. Iress chief executive ...