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Showing 1281 - 1290 of 6465 results for "Regulatory"

Link Fund Solutions sale completes

CHLOE WALKER  |  TUESDAY, 10 OCT 2023
... investment managers and sponsors have transferred to the firm. "After months of hard work from both teams and multiple regulatory bodies, we are delighted to welcome all LFS staff to the Waystone family," Waystone interim executive chair Nancy Lewis ...

BBY chief charged with aiding and abetting fraud

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
The former chief executive of stockbroking firm BBY has been charged with several offences which include aiding and abetting fraud and could face lengthy jail time. The Downing Centre Local Court charged Arunesh Narain Maharaj after ASIC alleged that ...

Australia vulnerable to further shocks: RBA

CASSANDRA BALDINI  |  MONDAY, 9 OCT 2023
... continues to be minimal. The RBA said Australian banks are profitable and hold capital and liquid assets in excess of regulatory requirements. Further, banks' funding sources are relatively stable and include a large share of domestic deposits. This ...

Allianz Retire+ welcomes head of technical services

CHLOE WALKER  |  MONDAY, 9 OCT 2023
... brings over 20 years' experience in financial services, having worked in a variety of roles across product development, regulatory change, operations, and sales functions at institutions including AMP, BT Financial Group, Kaplan Professional Australia ...

Farmers distressed by superannuation tax overhaul

ANDREW MCKEAN  |  THURSDAY, 5 OCT 2023
The National Farmer's Federation (NFF) has voiced strong opposition to the government's draft reforms on tax concessions for superannuation balances over $3 million, signalling potential ramifications for rural communities. The NFF said that ...

Family office executives take investment reins: Ocorian

CHLOE WALKER  |  THURSDAY, 5 OCT 2023
... access to an increasingly globalized network of administration centres, and 44% said they will bring sophisticated regulatory expertise. "Traditionally, wealthy families entrusted investment managers to manage their assets, but falling returns driven ...

ASIC bans former risk adviser

CASSANDRA BALDINI  |  THURSDAY, 5 OCT 2023
Former insurance adviser John Durant has been banned by the regulator for three years after he was found to have told clients to deposit insurance premiums directly into his personal account. Durant is prohibited from providing financial services, controlling ...

Provide Capital ordered to produce documents

CASSANDRA BALDINI  |  THURSDAY, 5 OCT 2023
The local subsidiary of TPP Global Investments has been ordered by the Federal Court to produce documents it has so far withheld from ASIC. Provide Nominees (Provide), which trades as Provide Capital, came under the watchdog's surveillance in March ...

Future Fund slapped with new disclosure rules

ANDREW MCKEAN  |  WEDNESDAY, 4 OCT 2023
The Future Fund Board of Guardians will be forced to periodically disclose the investment holdings of the $250 billion sovereign wealth fund. Under the new reporting regime introduced by minister for finance Katy Gallagher, additional information must ...

Global insurers eye private markets, clean energy: BlackRock

ANDREW MCKEAN  |  FRIDAY, 29 SEP 2023
... technology investments in the next two years, the report showed. "The importance of investing in technology to navigate regulatory change and growing exposures to private markets is front and centre of APAC insurers' minds," Kim said. In addition, 47% ...