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Showing 141 - 150 of 625 results for "Financial Sector"

Link expands in Europe

HARRISON WORLEY  |  FRIDAY, 7 SEP 2018
... license to act as a UCITS Management Company and Authorised Alternative Investment Fund Manager by Luxembourg's financial sector regulator. The Commission de Surveillance du Secteur Financier (CSSF) awarded Link fund Solutions the license, with third-party ...

Government introduces financial literacy strategy

KARREN VERGARA  |  WEDNESDAY, 22 AUG 2018
... Australians. People are at the heart of the financial system and at the centre of this national strategy." He added the financial sector as a community should be engaging in practices that promote fair consumer outcomes. "In particular, we need to continue ...

APRA banned one person in 10 years: Royal Commission

HARRISON WORLEY  |  FRIDAY, 17 AUG 2018
... dealing with matters through the administrative appeals tribunal (AAT) and other court processes in the wider financial sector supported her witness statement assertion that court proceedings take a long time to conclude. Rowell said enforceable undertakings ...

Cryptocurrencies on radar but not priority: RBA

KANIKA SOOD  |  WEDNESDAY, 27 JUN 2018
... policy or financial stability mandate. "There are only very limited links from cryptocurrencies to the traditional financial sector. Indeed, many financial institutions have actively sought to avoid dealing with cryptocurrencies or cryptocurrency intermediaries," ...

CBA settles with AUSTRAC for $700m

JAMIE WILLIAMSON  |  MONDAY, 4 JUN 2018
... statements for the full year ending 30 June 2018 which will be announced on August 8. "I hope this result alerts the financial sector to the consequences of poor compliance, and reinforces that businesses need to take their obligations seriously," Rose ...

VOFF asks Medcraft to "face the music"

ALEX BURKE  |  WEDNESDAY, 23 MAY 2018
... wants Medcraft and Kell to be recalled to the Royal Commission so they can "justify [their] actions regarding the financial sector under his watch and the disgraceful treatment of the victims of Trio." The advocacy group said Medcraft and Kell should ...

Chief economist update: A$ falls to the occasion

BENJAMIN ONG  |  WEDNESDAY, 2 MAY 2018
... typed in his morning note that the A$ "faces headwinds from protectionist trade policies, tightening Chinese financial sector oversight, a weaker housing market, rising bank funding costs, pressure on its financial sector from a Royal Commission into ...

Royal Commission to take "labyrinthine" advice legislation to task

ALEX BURKE  |  MONDAY, 9 APR 2018
... financial advice was designed in the 1990s, at a time where "economic, political and social factors - including financial sector deregulation, changes to occupational superannuation arrangements, and expanding equity-market participation rates resulting ...

Executive pay structure still fuels risk-taking: APRA

KANIKA SOOD  |  WEDNESDAY, 4 APR 2018
... performance, accountability mechanisms are the stick...However, the perception in the community is that in the financial sector, particularly at senior executive level, the carrots are large and the sticks are brittle. Not only are rewards generous ...

Fintechs save time: Spot poll

KARREN VERGARA  |  MONDAY, 12 FEB 2018
... fintechs at all. Despite the Federal Government's effort to champion fintech initiatives to boost competition in the financial sector and provide consumers with more product choice, no respondent indicated intentions to engage with fintechs in the next ...