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Showing 121 - 130 of 373 results for "Safeguard"

Perth-based Ponzi scheme shut down by court

JAMIE WILLIAMSON  |  FRIDAY, 9 JUN 2023
A Perth woman has been permanently banned from running a financial services business, while the $11 million illegal investment scheme she ran will be wound up. Monica Kaur, through her business MKS Property Investments/Developments, encouraged around ...

Super fund ESG options underweight BHP, overweight CSL

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023
... strategies to a mix of divestment, engagement and positive portfolio construction. And this should be overlaid with how the Safeguard Mechanism works, ASIC's greenwashing crackdown and other enhanced ESG reporting initiatives." Dunnin said super ...

Coinbase sued as US crackdown continues

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUN 2023
The Securities and Exchange Commission (SEC) filed a suit against Coinbase for, among other things, allowing users to trade unregistered securities. It follows Binance being sued just yesterday. The SEC has accused Coinbase of breaking market rules ...

Ignition Advice appoints Sally Loane as chair

CASSANDRA BALDINI  |  WEDNESDAY, 7 JUN 2023
The former Financial Services Council (FSC) chief executive succeeds Peter Meurer who is stepping down from the role after eight years. Loane is an experienced chair, non-executive director, and business leader. Aside from her tenure with the FSC between ...

Nanuk launches currency hedged unit class

ANDREW MCKEAN  |  WEDNESDAY, 31 MAY 2023
... version of Nanuk New World Fund." "This demand is particularly driven by the strength of the US dollar, as advisers aim to safeguard the value of global equity holdings from potential depreciation in the US currency." The Nanuk New World Fund was initially ...

BNPL to be regulated under Credit Act

CASSANDRA BALDINI  |  MONDAY, 22 MAY 2023
... minister for financial services Stephen Jones said the "unregulated and unchecked" BNPL market would be overhauled to safeguard vulnerable consumers. "Today I am proud to announce that the government will change the law, so that BNPL products are regulated ...

APRA finalises rules for financial crisis readiness

ANDREW MCKEAN  |  FRIDAY, 19 MAY 2023
... resolve issues with "limited" adverse impacts on the community and financial system. Another function of CPS 900 is to safeguard the continuity of "critical financial services", minimising disruptions in the event of institutional instability. Yesterday ...

EG expands into private debt market

CHLOE WALKER  |  THURSDAY, 18 MAY 2023
... unique data, collected for more than 20 years, will also ensure that risks and credit quality are thoroughly assessed to safeguard investor funds," EG said. EG head of private wealth Rodney Walk said after extensive consultation, the group is confident ...

Super funds must prioritise member experience: Consultant

ANDREW MCKEAN  |  WEDNESDAY, 17 MAY 2023
... industry. Earlier this year, NGS Super suffered a cyber-attack whereby members had their private data compromised. To safeguard members' interests, superannuation funds need to strengthen their predictive and prescriptive analytics capabilities to ...

Supercharging Australia's climate investment action

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... in many aspects of these programs, the government will enhance the disclosure frameworks encapsulated within the 2023 Safeguard Mechanism legislation. For example, it will develop a purpose-built Sustainable Finance Taxonomy, introduce a Sovereign Green ...