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Showing 1241 - 1250 of 3496 results for "compliance"

The five threats to super fund survival

HARRISON WORLEY  |  MONDAY, 20 APR 2020
... improve member costs, especially when it is regulatory-driven," SS&C said. "Instead, this could lead to an increase in compliance costs and the reduction of competition that results from a smaller field of funds. "We believe scale must be accompanied ...

Former ASIC lawyer joins private firm

ELIZA BAVIN  |  MONDAY, 20 APR 2020
... addition to the team. "Lesley brings a wealth of valuable experience from her time at a boutique financial services compliance and advisory practice, as well as her background at ASIC," Coburn said. "Lesley is uniquely qualified for this role and we ...

Financial services exec embroiled in bribery scheme

ALLY SELBY  |  THURSDAY, 16 APR 2020
... Berko took deliberate measures so his employee would not detect the bribery scheme, and even misled his employer's compliance team about the true role of the Ghana-based intermediary company. SEC Enforcement Division's FCPA Unit chief Charles Cain said ...

New ASIC guidance on active ETFs

KANIKA SOOD  |  THURSDAY, 16 APR 2020
... for identifying and responding to instances of substantial information asymmetry in the market; and have appropriate compliance and supervision arrangements to support these measures," ASIC said. On improving internal market making practices, ASIC has ...

QSuper board takes AFCA decision to court

KANIKA SOOD  |  THURSDAY, 16 APR 2020
... "One of the main points of concern for QSuper in this action was to clarify the position in relation to QSuper's compliance with disclosure obligations. QSuper welcomes the confirmation in the decision that AFCA and the Federal Court did not find ...

ASIC demands compliance despite COVID-19

HARRISON WORLEY  |  THURSDAY, 16 APR 2020
... control framework with so many staff working remotely. ASIC reminded firms that they are responsible for ensuring their compliance with regulatory obligations - despite the difficulties imposed by the nature of the pandemic - and added there will be ...

Major regulatory efforts delayed

HARRISON WORLEY  |  WEDNESDAY, 15 APR 2020
... consultation paper won't see the light of day "until further notice", while the corporate regulator's review of compliance with changes to fees and costs disclosure for superannuation has also been temporarily shelved. Additionally, the regulator ...

Former Wallaby banned

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 APR 2020
... Markets Disciplinary Panel. The infringement notice related to trading in DirectMoney shares in 2015. Bell Potter's compliance with the infringement notice is not an admission of guilt or liability on behalf of the company. Rode only got a four year ...

Westpac AUSTRAC bill continues to grow

ELIZABETH MCARTHUR  |  TUESDAY, 14 APR 2020
... take place. "In addition to closing relevant products and recruiting an additional 200 people in financial crime and compliance, I am putting in place a clearer accountability regime that will speed up decision making, improve implementation and more ...

Isolated advisers enter the digital age

ALLY SELBY  |  THURSDAY, 9 APR 2020
... social distancing is forcing them to adapt, lest see their business suffer. Already faced with heightened regulatory and compliance pressure, and now a global economic downturn and a volatile market that could make even the most iron of guts sick, advisers ...