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Showing 1301 - 1310 of 6463 results for "Regulatory"

ASIC takes legal action against crypto exchange

ANDREW MCKEAN  |  THURSDAY, 21 SEP 2023
... send a message to the crypto industry that products will continue to be scrutinised by ASIC to ensure they comply with regulatory obligations in order to protect consumers." "ASIC's action should be a reminder of the importance to comply with the design ...

APRA consults on hybrid bond resilience

CASSANDRA BALDINI  |  THURSDAY, 21 SEP 2023
The regulator is seeking feedback on improving the effectiveness of hybrid capital bonds amid concerns design features would not be resilient enough to withstand a banking crisis. APRA released its discussion paper on Thursday, citing the challenges ...

Treasury consults on PwC-linked reforms

CASSANDRA BALDINI  |  WEDNESDAY, 20 SEP 2023
... strong stance against blatant misconduct in the tax advice industry. "The PwC scandal exposed severe shortcomings in our regulatory frameworks that were largely ignored by the Coalition, and we continue to take significant steps to clean up the mess," ...

Adviser registration deadline extended again

KARREN VERGARA  |  WEDNESDAY, 20 SEP 2023
... will allow more time for it to assist advisers to understand and comply with the registration requirement by issuing regulatory guidance and conducting webinars. ASIC also wants to help AFSLs to understand their obligations and how they should register ...

Islamic Finance & Investments Association launches

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
... transactions." "IFIA will be the voice and lobby of the Islamic financial services industry which will work closely with regulatory authorities and other stakeholders to enhance the contributions of Islamic banking, finance and investments, to the Australian ...

Boards must crack down on cybersecurity: ASIC

CASSANDRA BALDINI  |  TUESDAY, 19 SEP 2023
... against boards and directors that neglect cybersecurity risks, saying to do so could result in non-compliance with regulatory obligations. ASIC chair Joe Longo said cybersecurity and resilience are not merely technical matters on the fringes of directors' ...

Older Aussies are retirement illiterate: Survey

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
... for retirement earlier and an equal number are "extremely concerned" about the rising cost of living. In addition to regulatory, longevity and return risk, retirees need to manage a complex tax code and social security system. Further, figuring out the ...

Responsible investment AUM drops: RIAA

RACHEL ALEMBAKIS  |  MONDAY, 18 SEP 2023
... investors. "We've also had in the last 18 months in particular this period of increased maturity in the surrounding regulatory and mainstream settings as well as well as regulator expectations as well as broader policy engagement with sustainable finance." ...

Adviser exam records 73% pass rate

JAMIE WILLIAMSON  |  FRIDAY, 15 SEP 2023
... end there was about 16,000 advisers in the industry. The exam tests candidates in three core areas: financial advice regulatory and legal obligations, including Chapter 7 of the Corporations Act, the Anti-Money Laundering and Counter-Terrorism Financing ...

Ironbark, Invest Blue to create $64bn powerhouse

CASSANDRA BALDINI  |  THURSDAY, 14 SEP 2023
... environment, we will be well positioned to take advantage of favourable themes, including increasing demand for advice and regulatory changes aimed at making advice more affordable and accessible." Further, Invest Blue managing director David Stephen ...