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Showing 1451 - 1460 of 3231 results for "Governance"

John Key under fire

ELIZABETH MCARTHUR  |  TUESDAY, 25 JUN 2019
... An independent review into ANZ New Zealand has seen former New Zealand Prime Minister John Key come under fire over governance issues at the bank. The Reserve Bank of New Zealand (RBNZ) is requesting assurance from ANZ that it is operating in a prudential ...

Super fund amends constitution

HARRISON WORLEY  |  MONDAY, 24 JUN 2019
... "ongoing engagement" with the prudential regulator over how effectively it met APRA's requirements around superannuation governance. As a result, the fund will appoint two new independent directors and an independent chair in August, after the board ...

Wealth management investigations spike

KANIKA SOOD  |  FRIDAY, 21 JUN 2019
... to March 2019, ASIC commissioner John Price said yesterday. In opening comments to a keynote panel discussion at the Governance and Risk Management Forum in Melbourne yesterday, Price said ASIC has accelerated its enforcement actions since the Royal ...

Culture isn't everything: ASIC

HARRISON WORLEY  |  WEDNESDAY, 19 JUN 2019
... Price has warned a "strong culture" might not stand resolute in the face of remuneration incentives. Addressing the Governance Institute's Risk Management Forum in Sydney yesterday, Price warned companies that ensuring the behaviour of employees required ...

Pension giant cuts tobacco

KANIKA SOOD  |  TUESDAY, 18 JUN 2019
... co-head of EM fixed income said. "We have seen a significant interest in investments with an Environment, Social and Governance (ESG) anchor and Nest's announcement today shows the organisation's determination to take the lead and set an example in this ...

AUSTRAC zeroes in on Afterpay

HARRISON WORLEY  |  MONDAY, 17 JUN 2019
... Laundering and Counter-Terrorism Financing Act (AML/CTF) laws. AUSTRAC said an external auditor will examine Afterpay's governance and the oversight of decisions related to its AML/CTF framework. The examination will also look into how the firm identifies ...

Facebook dropped from ESG index

ELIZABETH MCARTHUR  |  MONDAY, 17 JUN 2019
Facebook has been dropped from the S&P 500 ESG (Environmental, Social and Governance) Index after a series of scandals brought the company's ethics into question. The S&P 500 ESG Index underwent its annual rebalance at the end of April and removed several ...

AMP Super, board slapped with licence conditions

KARREN VERGARA  |  FRIDAY, 14 JUN 2019
... changes" to business practices. It identified these areas that needed improvement: conflicts of interest management, governance and risk management practices, breach remediation processes, addressing poor risk culture and strengthening accountability ...

Millennial super products still just hype

KANIKA SOOD  |  WEDNESDAY, 12 JUN 2019
... this, while all active open products disclose their PDS very few publish their own annual reports." "This ill-defined governance structure is despite the relatively high fees charged by these products, suggesting that the small size of many of these ...

Industry fund names chief risk officer

KARREN VERGARA  |  THURSDAY, 6 JUN 2019
... Super named Alison Anthony as chief risk officer and company secretary. Anthony was previously the general manager of governance and product at ESSSuper for more than four years. She held senior roles at Vanguard as head of compliance, and was Energy ...