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Showing 141 - 150 of 1866 results for "Authority"

Queensland adviser banned for five years

MATTHEW WAI  |  MONDAY, 31 MAR 2025
... Further, ASIC identified that Thomson arranged for clients to sign application forms, ongoing advice service agreements and authority to proceed documents prior to clients receiving Statements of Advice (SoA). From its findings, ASIC believes that Thomson ...

Study finds 5000 European ESG funds investing in fossil fuels

JAMIE WILLIAMSON  |  THURSDAY, 20 MAR 2025
... investment managers will have to comply with new naming guidelines, instituted by the European Securities and Markets Authority (ESMA). The guidelines introduce minimum thresholds on the proportion of sustainable investments based on the specific ESG ...

AFCA opens consultation on financial elder abuse, family violence

KARREN VERGARA  |  WEDNESDAY, 19 MAR 2025
The Australian Financial Complaints Authority (AFCA) has launched two consultations on how it should improve its approach to handling complaints related to financial elder abuse and family violence. AFCA said it seeks to ensure consistency in how it ...

UK regulators abandon DEI reporting push

JAMIE WILLIAMSON  |  THURSDAY, 13 MAR 2025
The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) will no longer introduce new diversity and inclusion rules for financial services organisations, claiming they wish to "avoid additional burdens on firms at this time." ...

Tokenisation can save US$135m in back-office costs: Study

KARREN VERGARA  |  FRIDAY, 7 MAR 2025
... Fidelity International aims to tokenise money market funds and digital foreign exchange swaps with the help of the Monetary Authority of Singapore and its Project Guardian scheme, a collaboration between policymakers and industry players to enhance liquidity ...

CSC-backed fund manager to launch in Netherlands

ELIZA BAVIN  |  FRIDAY, 28 FEB 2025
... investment professionals will hold a majority interest in the new entity. Subject to regulatory approval from the Dutch Authority for the Financial Markets (AFM) the new fixed income asset manager plans to launch in the Netherlands later this year under ...

Treasury consults on genetic test ban in life insurance

JAMIE WILLIAMSON  |  WEDNESDAY, 12 FEB 2025
... of the ban under the Insurance Contracts Act would enable individuals to apply to the Australian Financial Complaints Authority for remedies. Meanwhile, inclusion in the DDA would allow for complaints to be made to the Australian Human Rights Commission. ...

ASIC calls out super trustees over 'weak' anti-scam practices

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... super." Delahunty said that of the 11,000 instances of scams complaints received by the Australian Financial Complaints Authority last year, fewer than 20 were super-related transactions. "Superannuation funds are actually some of the safest places in ...

AFCA chief operating officer departs

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
The Australian Financial Complaints Authority (AFCA) has announced that chief operating officer Justin Untersteiner will be departing, effective March 14. Untersteiner is set to take up the role of chief executive of the Australian Health Practitioner ...

Super failures, greenwashing: ASIC's key issues in 2025

ELIZA BAVIN  |  TUESDAY, 28 JAN 2025
... meet members' changing needs," ASIC said. The regulator pointed to research from the Australian Financial Complaints Authority which revealed between 2021 and 2023 complaints about superannuation funds' service provisions doubled. ASIC said it would ...