Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 141 - 150 of 18667 results for "Act"

Addressing modern slavery risks more critical than ever: RIAA

KARREN VERGARA  |  THURSDAY, 23 APR 2026
... The first is a mandatory risk-based modern slavery due diligence obligation for reporting entities under the Modern Slavery Act. The second is a mechanism for the commissioner to declare that a product, service or industry carries a high risk of modern ...

ASIC bans another former MWL adviser

ELIZA BAVIN  |  THURSDAY, 23 APR 2026
ASIC has banned Sydney-based former financial adviser John Morgan from providing financial services, controlling an entity that carries on a financial services business or performing any function involved in the carrying on of a financial services business ...

Perpetual AUM falls by $8.3bn in March quarter

RIDDHIMA TALWANI  |  WEDNESDAY, 22 APR 2026
Perpetual's total assets under management (AUM) declined by $8.3 billion to $219.2 billion in the March quarter. The decrease was due to unfavourable currency movements of $3.6 billion, net outflows of $2.8 billion and negative market movements of $1.9 ...

arcpoint OCIO wins three mandates

KARREN VERGARA  |  WEDNESDAY, 22 APR 2026
Newly launched arcpoint OCIO scored its inaugural clients, winning mandates from three advisory firms. The Sydney-based firms are Capella Advisory, ek Private Advisory and United Advisory. For ek Private Advisory, which services high-net-worth (HNW) ...

Treasury's proposal adds flexibility for new advisers: FAAA

MATTHEW WAI  |  WEDNESDAY, 22 APR 2026
... financial advice profession, it is also essential that the government is careful with the introduction of other reforms that could act as a disincentive for potential new entrants, including through the imposition of further levy increases or other limitations ...

AustralianSuper ups Syrah stake to 49.6%

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2026
AustralianSuper has increased its stake in Syrah Resources to 49.6%, acquiring around 356 million additional shares through a retail entitlement offer. Syrah said the shares represented entitlements that were not taken up by eligible retail shareholders ...

Advisers reprimanded over fee-for-no-service conduct

MATTHEW WAI  |  WEDNESDAY, 22 APR 2026
... complaint to the adviser's licensee. As a result, the panel said the relevant provider contravened s921E(3) of the Corporations Act 2001, and the Code of Ethics 's values of trustworthiness and diligence and breached Standards 2 and 7. In a separate ...

EQT raises $21.8bn for Asia Pacific private equity fund

RIDDHIMA TALWANI  |  WEDNESDAY, 22 APR 2026
EQT has raised US$15.6 billion ($21.8bn) for its BPEA Private Equity Fund IX, making it the largest ever dedicated Asia Pacific private equity fund raise to date. The investment giant said the fund will target businesses with resilient fundamentals ...

ASIC to refresh financial market infrastructure guides

KARREN VERGARA  |  TUESDAY, 21 APR 2026
... up for review, following the introduction of Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Act 2024. FMIs include financial market operators, benchmark administrators, clearing and settlement (CS) facilities and derivative ...

ASX declares CHESS clearing services ready

ELIZA BAVIN  |  TUESDAY, 21 APR 2026
ASX has confirmed CHESS Release 1 is ready for market open to provide clearing services. ASX is aiming to implement Release 2 of CHESS replacement in 2029. ASX said all approved market operators (AMO) advised they successfully connected to the new system ...