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

Search Results

Showing 1231 - 1240 of 1802 results for "Regulation 2015"

ASX flags concerns over losing single operator status

LINDA HAUSKEN  |  TUESDAY, 14 AUG 2012
The Australian Securities Exchange raises a red flag over any loss of its current monopoly on clearing and settlement - claiming the country's financial market stability might be at risk. Up until now the ASX have been the single operator of clearing ...

Swan talks up bank reforms for competition

MELANIE TIMBRELL  |  MONDAY, 13 AUG 2012
Treasurer Wayne Swan has talked up the Government's banking reforms, dubbing them "a better banking deal" for consumers amid last week's call for a major financial system review. Former committee member at the Wallis Inquiry, Ian Harper last week issued ...

Further dark pool regulation premature: Fidessa

MELANIE TIMBRELL  |  MONDAY, 13 AUG 2012
Dark pools in Australia are too young for more regulation, said trading technology provider Fidessa, following a call from the ASX to tighten rules for off-exchange trades. Dark pools, which are generally unlicenced platforms for matching orders away ...

Conflicts of interest worry ASIC

LINDA HAUSKEN  |  FRIDAY, 10 AUG 2012
Following its recent review of the asset consultant industry, the Australian Securities & Investments Commission (ASIC) has expressed concerns over fee structure conflicts of interest based on preferring services. ASIC conducted the review as part of ...

Super funds look to banks on social media

MELANIE TIMBRELL  |  WEDNESDAY, 8 AUG 2012
The introduction of MySuper with more streamlined investment options and fees means super funds need to up the ante in social media engagement for brand differentiation, according to one consultancy. In a study of 34 super funds representing a range ...

Tyndall seeks opportunity in loan market restructure

MELANIE TIMBRELL  |  TUESDAY, 7 AUG 2012
Super funds should seize the opportunity to become a pool of capital sitting alongside banks in the private debt market, according to Tyndall AM. Tim Martin, Tyndall's head of alternative assets said the re-development of loan markets is a global theme ...

Regulators on post-Trio watch

BEN COLLINS  |  THURSDAY, 2 AUG 2012
Australia's corporate watchdog said it has learnt some lessons in the wake of the Trio fraud, and plans to be more proactive. While admitting that the Australian Securities & Investments Commission (ASIC) could never guarantee that a similar scenario ...

Portfolio Disclosure guideline released

LINDA HAUSKEN  |  THURSDAY, 2 AUG 2012
A working group formed by the Financial Services Council has put together draft guidelines for portfolio disclosure in response to ASIC's call for super funds and managed funds to disclose their investments last year. The guidelines will propose that ...

Aust lags in financial job market

MELANIE TIMBRELL  |  TUESDAY, 17 JUL 2012
Australia is lagging the rest of Asia Pacific in financial services job opportunities. The latest quarterly data from eFinancial Careers showed that while Australia experienced a 37% decline in the number of opportunities in Q2, the average for the ...

APRA warns trustees about data integrity

BEN COLLINS  |  FRIDAY, 13 JUL 2012
The Australian Prudential Regulation Authority has written to superannuation fund trustees to outline its expectations on data integrity requirements, warning that while there has been some improvement, funds still have a good way to go before the industry ...