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Showing 121 - 130 of 437 results for %22Beyond Bank%22

Remediation bill tops $10b: ASIC

ELIZA BAVIN  |  MONDAY, 18 NOV 2019
... cases have even caused consumer harm. "Perhaps one of the fundamental shifts in regulatory policy, is the move to a world beyond disclosure. The evidence now unavoidably reveals that disclosure is not the 'silver bullet' it was once thought to be for ...

Afterpay slides in global fintech rankings

HARRISON WORLEY  |  TUESDAY, 5 NOV 2019
... was confirmed this year after a successful Series C fundraising round, which reached USD$100 million and sent its value beyond USD$1 billion. Last year the firm underwent a USD$80 million funding round, reportedly the second-largest in Australian history ...

QMV kicks off legal practice, appoints lead

KANIKA SOOD  |  TUESDAY, 8 OCT 2019
... according to QMV managing partner Mark Vaughan. It now sees an opportunity in advising superannuation funds on legal changes beyond what is "signed and approved". As an example, Vaughan cited the Open Banking regime which he says will force superannuation ...

NAB launches team for vulnerable customers

KRISTI CHENG  |  TUESDAY, 17 SEP 2019
... "We want to be there for our customers no matter their circumstances and this new team of bankers provides support well beyond that of traditional financial hardship assistance," said chief legal and commercial counsel Sharon Cook. She said the bank ...

APRA updates enforcement approach

KRISTI CHENG  |  WEDNESDAY, 4 SEP 2019
APRA says its new enforcement approach goes beyond taking stronger action earlier, clarifying when and how it will publicise the actions it takes. Outlining how it will increase transparency and take stronger action against misbehaving institutions ...

Adviser stole $200k from SMSFs

ELIZABETH MCARTHUR  |  TUESDAY, 6 AUG 2019
... advice, product disclosure statements or fee disclosure statements. ASIC found Michael engaged in unlicensed financial advice beyond the cessation of his authorisation. He was last an authorised representative of Marigold Falconer in 2016 but continued ...

Axe super for low-income earners: Senator

HARRISON WORLEY  |  THURSDAY, 25 JUL 2019
... According to Bragg, the system is not working for Australians, and the legislated increases to the superannuation guarantee are beyond unnecessary. "Certainly the case has not been made for ever bigger super," Bragg said. "I would change direction. Super ...

Chief economist update: The Budget surplus can wait

BENJAMIN ONG  |  THURSDAY, 6 JUN 2019
... first time this has happened since the recession of the early 1980s," the ABC said. As Chalmers is expected to do. But beyond politicking, tariff wars, the World Bank's recent downgrade to its global GDP growth forecasts - 2.6% in 2019 (down 0.3 ...

Industry wide pay cut for boards

ELIZABETH MCARTHUR  |  TUESDAY, 4 JUN 2019
... of poor corporate culture, poor ethics and risk management, leading to a number of board and executive resignations." "Beyond that, there has been serious brand damage, hefty fines for poor conduct and, in some cases, criminal proceedings where the behaviour ...

Credit fund launches to wholesale investors

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2019
... in the firm rapidly over the last few years, particularly as market conditions have driven increasing demand for credit beyond authorised deposit-taking institutions," he said. "Obtaining an Australian credit licence last year was pivotal in broadening ...