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Showing 121 - 130 of 4120 results for "Conduct"

Natixis, Generali call off $3.2tn joint venture talks

RIDDHIMA TALWANI  |  TUESDAY, 16 DEC 2025
Natixis Investment Managers and Generali Investment Holdings (GIH) have decided to call off their plans for a joint venture, citing conditions not ripe to reach a final agreement. Natixis' owner BPCE and GIH's parent company Generali said they ...

ASIC welcomes support for simplifying guidance on conflicts of interest

MATTHEW WAI  |  TUESDAY, 16 DEC 2025
... compliance with industry standards or practices if necessary. "Specifically, we will take industry standards or codes of conduct into account if the law or your AFS licence conditions require you to comply with a particular standard or code," ASIC said. ...

ASX to undergo 'circuit breaker' reforms

ELIZA BAVIN  |  MONDAY, 15 DEC 2025
The ASX has agreed to a package of reforms aimed at strengthening confidence in Australia's critical market infrastructure, providing certainty about the market operator's reset, and responding to the Interim Report released today by the panel of the ...

Hearts & Minds, WAM slash stakes in Corporate Travel Management

KARREN VERGARA  |  FRIDAY, 12 DEC 2025
... region and to revenue recognised in the financial statements of the CTM UK group. The group then engaged KPMG in the UK to conduct a forensic review of certain aspects of the FY23 to FY25 financial statements of the UK operations. KPMG is now questioning ...

ASIC takes action on Spice Capital Partners, founder

KARREN VERGARA  |  WEDNESDAY, 10 DEC 2025
... Catsoulis, alleging that his companies entered into binding disadvantageous agreements under his management. ASIC said his conduct contributed to the companies' failures and that a disqualification is justified. It is seeking an order from the Federal ...

Diversa to 'vigorously defend' ASIC allegations

KARREN VERGARA  |  WEDNESDAY, 10 DEC 2025
... managed investment scheme was "fraudulent." ASIC has thrown a slew of allegations at Diversa, starting with failing to conduct adequate due diligence before allowing its members to invest and failing to conduct adequate ongoing monitoring. The regulator ...

ASIC sues Diversa for First Guardian failures

KARREN VERGARA  |  TUESDAY, 9 DEC 2025
... member money was invested. In the Federal Court, ASIC put forth several allegations, starting with Diversa failing to conduct adequate due diligence before allowing its members to invest and failing to conduct adequate ongoing monitoring. Members of ...

ASIC releases legal obligations for private credit funds

ELIZA BAVIN  |  TUESDAY, 9 DEC 2025
... adequate risk management systems. Various provisions of the ASIC Act also apply, including the misleading or deceptive conduct prohibitions and unconscionable conduct prohibition. ASIC said the principal AFS licensee must take all reasonable measures ...

Australian businesses most worried about possible recession: Survey

MATTHEW WAI  |  MONDAY, 8 DEC 2025
Findings from World Economic Forum's Executive Opinion Survey suggest Australian business leaders are most concerned with economic risks like recession in the coming years. The Executive Opinion Survey, conducted in partnership with Zurich and Marsh ...

ASIC strengthens codes of conduct guidance

KARREN VERGARA  |  WEDNESDAY, 3 DEC 2025
ASIC has refreshed its regulatory guidance on codes of conduct for the financial services sector, saying that they have an important role in how financial products and services are regulated. ASIC has updated Regulatory Guide 183 Codes of conduct for ...