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Showing 1551 - 1560 of 4928 results for "MIS"

ASIC extends olive branch to inside traders

KANIKA SOOD  |  WEDNESDAY, 24 FEB 2021
ASIC is encouraging people to dob in others who worked with them on market manipulation, insider trading or dishonest conduct in financial services - in exchange for immunity. ASIC says it can offer such individuals immunity from civil proceedings ...

ASIC zeroes in on bad SMSF advice, conduct

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
The corporate regulator continues to hunt down perpetrators that give bad advice to self-managed super funds, sounding a warning that it is flexing its new powers in superannuation. ASIC commissioner Danielle Press told the recent SMSF Association's ...

J.P. Morgan custody exec retires

KANIKA SOOD  |  MONDAY, 22 FEB 2021
A long-standing J.P. Morgan executive in its securities service business has retired after nearly 20 years with the company. Bryan Gray spent close to 20 years at J.P. Morgan, which is the largest custodian in Australia. Prior to this, he spent about ...

AFCA chair under fire

ELIZABETH MCARTHUR  |  THURSDAY, 18 FEB 2021
The woes of Crown Resorts seem far from over, and now scrutiny has turned to executive chair Helen Coonan - with some suggesting she should resign from AFCA before her term as chair ends in May. Today Crown announced that Coonan will be paid an extra ...

Woodford flags comeback

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
The UK's financial regulator is warning investors that disgraced fund manager Neil Woodford is launching a new venture, WCM Partners. The Financial Conduct Authority was forced to act after Woodford announced that his new investment firm is in the ...

Continuous disclosure laws to stay

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
Treasurer Josh Frydenberg flagged that the temporary disclosure laws for public companies relaxed at the height of the coronavirus crisis will be made permanent. In May 2020, the government announced the temporary measures, modifying provisions under ...

CBA guilty of deceptive conduct

ELIZA BAVIN  |  WEDNESDAY, 17 FEB 2021
The Federal Court has found Commonwealth Bank of Australia made false or misleading statements and engaged in deceptive conduct on over 12,000 occasions. Justice Lee found that CBA breached financial services law 12,119 times when charging a rate of ...

ASIC to take targeted approach with PIP

ELIZA BAVIN  |  WEDNESDAY, 17 FEB 2021
ASIC commissioner Sean Hughes said the government's Product Intervention Powers (PIP) will allow the regulator to take a targeted, calibrated and less prescriptive approach to regulation. Speaking at the Australian Finance Industry Association Risk ...

Chief economist update: Amber alert

BENJAMIN ONG  |  WEDNESDAY, 17 FEB 2021
If there's one thing that matches (well, nearly) the exponential rate of infection from the coronavirus, it's the vertigo-inducing rally on Wall Street. After dropping to three-year lows in March last year, US equities have rocketed higher and ...

Australia sweeps pension market rankings

KARREN VERGARA  |  TUESDAY, 16 FEB 2021
Australia is the most successful pension system among developed countries, according to Wills Towers Watson. The firm's Thinking Ahead Institute 2021 Global Pension Assets Study said Australia's thriving pension system boasts an 11.3% per annum ...