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Showing 1411 - 1420 of 3500 results for "compliance"

Volcker Rule tweak gets green light

KANIKA SOOD  |  THURSDAY, 10 OCT 2019
... "Under the revised rule, firms that do not have significant trading activities will have simplified and streamlined compliance requirements, while firms with significant trading activity will have more stringent compliance requirements," the five agencies ...

Elders in discussions over future

ELIZA BAVIN  |  TUESDAY, 8 OCT 2019
... increasingly difficult for EFP, as a small scale dealer group, to generate the income required to cover higher regulatory compliance and insurance costs," the company said. Elders Financial Planning is a joint venture, 51% owned by wealth manager IOOF ...

AUSTRAC orders audit of PayPal

ELIZA BAVIN  |  TUESDAY, 1 OCT 2019
... ordered the appointment of an external auditor to look into PayPal Australia in relation to "ongoing concerns" about its compliance with financial crime laws. The financial intelligence agency said the concerns relate to PayPal Australia's compliance ...

Spotlight on super welcomed

HARRISON WORLEY  |  FRIDAY, 27 SEP 2019
... shifting the burden of fees from one class of members to another. Additionally, reform drives implementation and ongoing compliance costs which ultimately need to be paid by all or nearly all fund members. "Every inquiry takes the time and energy of ...

Former IOOF company loses court battle in timber scheme

KANIKA SOOD  |  FRIDAY, 27 SEP 2019
... Kelaher, former IOOF chair George Vernados, chief financial officer David Coulter, general manager of legal, risk and compliance Paul Vine and general counsel Gary Riordan. APRA was seeking significant changes to the identification and management of ...

Technology coming for advice jobs

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 SEP 2019
... the right channels to maximise the efficiency of advice distribution." Further, regtech will drive efficiencies in compliance and regulation - meaning fewer man hours are needed in compliance work. Manual data entry will likely also become a thing of ...

Corporate fund appoints risk lead

ELIZABETH MCARTHUR  |  TUESDAY, 24 SEP 2019
The long-serving group executive, risk and compliance at First State Super has taken on a new role with a corporate superannuation fund. Suzette Thurman will join Qantas Super as its new chief risk officer. Thurman steps into the position from First ...

Businesses warned to avoid dud funds

ELIZA BAVIN  |  MONDAY, 23 SEP 2019
... performers. Speaking at the Australian Payroll Association Conference is Sydney, executive director of research and compliance at Rainmaker Group, Alex Dunnin said as well as low returns Australians are being charged a significant amount of fees. "We ...

Support staff should meet FASEA standards

ELIZABETH MCARTHUR  |  FRIDAY, 20 SEP 2019
... standards. "If you're a paraplanner that is preparing the advice, why should you not be at the same level? If you're a compliance person that is reviewing the advice, why should you not be at the same level?" Ashenden gave a run-down of the Royal Commission ...

Federal Court delivers APRA, IOOF verdict

JAMIE WILLIAMSON  |  FRIDAY, 20 SEP 2019
... Kelaher, former IOOF chair George Vernados, chief financial officer David Coulter, general manager of legal, risk and compliance Paul Vine and general counsel Gary Riordan. APRA was seeking significant changes to the identification and management of ...