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Showing 1391 - 1400 of 6467 results for "Regulatory"

Advice firm revenues jump 45%

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2023
... financial advice more accessible for more people. However, advisers could do better in using technology to help meet their regulatory and compliance responsibilities, he said. "Around half of advice practices surveyed are still maintaining a manual complaint ...

UK pensions tapped to strengthen local startups

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
... invest quickly and effectively in unlisted high growth companies. In addition, plans to introduce a permanent super fund regulatory regime was announced, to provide sponsoring employers and trustees with a new scaled-up way of managing defined benefit ...

Federal Reserve plans upping capital requirements

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
The US Federal Reserve has proposed a regulatory overhaul in which the nation's largest banks would be forced to hold more capital in hopes future meltdowns in the sector can be prevented. Federal vice chair for supervision Michael Barr outlined ...

AZ NGA welcomes head of M&A

CASSANDRA BALDINI  |  MONDAY, 10 JUL 2023
... Barrett said Symes is an experienced general counsel and company secretary with a detailed understanding of the relevant regulatory requirements and a proven track record of achieving results, solving complex problems and delivering outcomes. "His background ...

Asset managers dismiss liquidity risks: FCA

KARREN VERGARA  |  FRIDAY, 7 JUL 2023
... amongst the minority with serious gaps in managing liquidity risk. It's vital the outliers take quick action. They risk regulatory intervention if they don't take this opportunity to address weaknesses," she said. The FCA issued the warning as the UK ...

ASX consultation: Time to say goodbye to mFund?

ANDREW MCKEAN  |  FRIDAY, 7 JUL 2023
... advisers, the entry of managed fund transactions services like Calastone and Clearstream into the Australian market, and regulatory disparities in the Design and Distribution Obligations (DDO) between unlisted funds and ETPs, have all contributed to ...

Maple-Brown Abbott names risk chief

ELIZABETH FRY  |  FRIDAY, 7 JUL 2023
... compliance and governance obligations, including the development of policies, procedures and frameworks, monitoring and regulatory reporting. Reporting to chief executive and managing director Sophia Rahmani and the audit, risk and compliance committee ...

Openmarkets hit with largest ever MDP penalty

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
Openmarkets Australia has paid a $4.5 million penalty, the largest sanction ever imposed by an ASIC Market Disciplinary Panel, after contravening market integrity rules. An ASIC investigation was triggered by a series of transgressions, most notably ...

Institutions must raise the bar on cybersecurity resilience: APRA

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
Insights from APRA expose a lack of compliance with cybersecurity obligations is leaving hundreds of institutions open to financial crime. The regulator plans to have assessed more than 300 banks, insurers and super trustees' compliance with CPS 234 ...

iPartners launches property credit fund

KARREN VERGARA  |  THURSDAY, 6 JUL 2023
... remained underweight and selectively invested while waiting for the market to correct". "In the current economic and regulatory environment, banks and other non-bank lenders may continue to pull back from the market as they deal with problems in legacy ...