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Showing 1171 - 1180 of 4101 results for "Conduct"

Vanguard, Fidelity, BetaShares rank low on ESG: Report

ELIZABETH MCARTHUR  |  MONDAY, 23 NOV 2020
New research from Morningstar has attempted to wade through the greenwashing in funds management based on managers' overall commitment - with some surprising results. The research looked at more than 100 strategies and 40 asset managers to provide ...

ASIC investigates ASX

ELIZABETH MCARTHUR  |  MONDAY, 23 NOV 2020
The corporate regulator is investigating the ASX following an outage last week which saw investors unable to trade for 24 hours. "ASIC has confirmed to ASX that it is conducting an investigation into the ASX Trade outage on Monday, 16 November 2020," ...

Responsible entity fined $2m

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... April 2018, $16,749,974 was raised from retail investors pursuant to the defective PDSs. ASIC said its investigation into conduct by entities and officers within the Sterling Group of companies is continuing.

Financial adviser reference checks under scrutiny

ELIZABETH MCARTHUR  |  THURSDAY, 19 NOV 2020
... rely on the information already provided in the previous reference. Licensees are not obliged to provide information on conduct that occurred more than five years ago, but may volunteer any information they are privy to that they feel is relevant. It ...

ASX runs into trouble again

KANIKA SOOD  |  WEDNESDAY, 18 NOV 2020
After Monday's outage, the ASX was in trouble again yesterday as its Centre Point matching system closed off participants from using Chi-X bids and offers. The Centre Point is an anonymous matching system that matches buyers and sellers at the mid-point ...

ASIC charges BitConnect Australia lead

ELIZA BAVIN  |  WEDNESDAY, 18 NOV 2020
The former BitConnect Australian national promoter has been charged by ASIC for operating an unregistered investment scheme and making false statements. John Bigatton promoted the online cryptocurrency platform prior to its collapse in early 2018. It ...

Former adviser pleads guilty to stealing client funds

ELIZA BAVIN  |  WEDNESDAY, 18 NOV 2020
... further alleged Hopkins made false representations about the nature of the unauthorised transfers to conceal his dishonest conduct and avoid detection. "Following ASIC's investigation, Hopkins was charged with dishonesty offences and then entered into ...

Former HESTA chair joins Assemble

ELIZA BAVIN  |  TUESDAY, 17 NOV 2020
... in governance matters such as environmental, social, and governance (ESG), and maintaining culture, values, and code of conduct. Daff said the formation of a board is a significant milestone in the business' history, supporting its ambitions as a leading ...

CountPlus to continue acquisition spree

ANNABELLE DICKSON  |  MONDAY, 16 NOV 2020
... assessed by Commonwealth Bank with the bank providing $1.735 million in payments and a $300 million indemnity to cover past conduct. As a result, Count Financial has implemented its "clean" user pays, fee-for-service licensee model borne by the adviser ...

RC recommendations closer to legislation

KARREN VERGARA  |  FRIDAY, 13 NOV 2020
... provisions or provisions that are otherwise enforceable. ASIC will be given the power to approve and revoke voluntary codes of conduct. This includes certain provisions in the Life Insurance Code of Practice and the Insurance in Superannuation Voluntary ...