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Showing 1351 - 1360 of 8726 results for "Regulator"

Advisers urged to check ASIC registration status

JAMIE WILLIAMSON  |  THURSDAY, 18 JAN 2024
Despite the February 1 deadline fast approaching, the Financial Advice Association Australia (FAAA) says there's close to 6000 financial advisers who are still not registered with ASIC. Under the Financial Sector Reform (Hayne Royal Commission Response ...

Finnfund names chief investment officer

CHLOE WALKER  |  WEDNESDAY, 17 JAN 2024
Hanna Loikkanen will become chief investment officer of Finland's state-owned development financier and impact investor. Loikkanen, a seasoned financial services executive with over 30 years of experience, has been on the fund's board since May 2020. ...

J.P. Morgan pays US$18m over whistleblower rule breaches

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JAN 2024
... Most damning, the documents allowed clients to respond to SEC queries, but were barred from voluntarily contact the regulator. The SEC found J.P. Morgan Securities breached Rule 21F-17 (a) of the Securities Exchange Act of 1934, a whistleblower protection ...

Government proposes framework for clearing and settlement services regulation

ANDREW MCKEAN  |  WEDNESDAY, 17 JAN 2024
The government has released the Corporations and Competition (CS Services) Instrument 2024, a new legislative proposal aimed at regulating clearing and settlement (CS) services. The proposed instrument, issued under the authority of assistant treasurer ...

Treasury releases climate disclosure draft legislation

RACHEL ALEMBAKIS  |  TUESDAY, 16 JAN 2024
... Rigotti said. "We are pleased to see the government listening to market concerns and introducing a sensible period of regulator-only enforcement. We trust ASIC to take action based on the public interest." Much like the Modern Slavery Act, the government ...

BlackRock bags Global Infrastructure Partners for US$12.5bn

ANDREW MCKEAN  |  MONDAY, 15 JAN 2024
BlackRock has struck a deal to acquire Global Infrastructure Partners (GIP) for US$12.5 billion in cash and common stock. The transaction will create an infrastructure private markets investment platform with a combined client assets under management ...

ASX selected to develop local carbon exchange

RACHEL ALEMBAKIS  |  FRIDAY, 12 JAN 2024
The Clean Energy Regulator has selected ASX as a partner to undertake "exploratory work" on the development of a carbon exchange to launch later this year. The carbon exchange is intended to allow for the trading, clearing and settlement of Australian ...

Bitcoin ETFs given green light by US regulator

ANDREW MCKEAN  |  THURSDAY, 11 JAN 2024
Bitcoin exchange-traded funds (ETFs) have been approved by the Securities and Exchange Commission (SEC), a landmark moment for the legitimisation of the world's largest cryptocurrency. The SEC approved 11 Bitcoin ETF application from major institutional ...

2024 to be a watershed year: FAAA

JAMIE WILLIAMSON  |  THURSDAY, 11 JAN 2024
The Financial Advice Association Australia (FAAA) expects a year of positive change, including cutting costs for advisers, greater engagement with consumers, and rising adviser numbers. Outlining its priorities and expectations for 2024, the FAAA has ...

Investors livid over fresh portfolio valuation: Mayfair 101

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2024
... the sales process and the new valuation, saying taxpayer money is now being spent to "conceal the damage caused by the regulator's misguided campaign." Mayfair 101 has long held that ASIC's investigation into the group and its managing director James ...