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Showing 141 - 150 of 3918 results for "law"

Advisers may be caught by new AML/CTF reforms: Expert

MATTHEW WAI  |  FRIDAY, 21 NOV 2025
... be," Derham added. "It could be that their ID documents don't check out; you reasonably suspect they're breaching the law; or you reasonably believe that they are the victim of a financial crime... They are the three means of reporting suspicious ...

Prevention of Shield, First Guardian-like events the focus from here on: Mulino

MATTHEW WAI  |  THURSDAY, 20 NOV 2025
... small minority of bad actors." FAAA chief executive Sarah Abood stands with the approach, stating that the issue isn't the law being insufficient, but rather "it's an issue of the law not being enforced effectively." She added that the prosecution of ...

Conaghan holds ASIC accountable for Shield, First Guardian mess

KARREN VERGARA  |  THURSDAY, 20 NOV 2025
... [and] many others," Conaghan said. He also believes that ASIC is due for an overhaul. "Instead of constantly rewriting the law, the government should fix the regulator. What we need isn't more laws, it's better enforcement, not more red tape ...

FAAA launches digital client identification tool

KARREN VERGARA  |  WEDNESDAY, 19 NOV 2025
The Financial Advice Association Australia (FAAA) will launch a digital client identification tool to assist advisers identify and verify their clients for anti-money laundering and counter-terrorism financing (AML/CTF) purposes. FAAA SafeID, an end-to-end ...

SMC makes recommendations to safeguard super

ELIZA BAVIN  |  MONDAY, 17 NOV 2025
Super Members Council (SMC) has called for stronger protections to prevent consumer harm from high-risk super switching. The call comes as the corporate regulator continues to launch legal action against those involved in the collapses of Shield and ...

Former ASIC chair, FASEA chief launch trustee

JAMIE WILLIAMSON  |  MONDAY, 17 NOV 2025
James Shipton and Stephen Glenfield have joined forces with the founding chief executive of Diversa to establish an independent superannuation trustee. Super Trustees Australia has launched to help super trustees meet increased governance expectations ...

Estimated CSLR levy comes in at $127m for FY27

JAMIE WILLIAMSON  |  MONDAY, 17 NOV 2025
... again be required to meet the gap for the foreseeable future," chief executive Blake Briggs said. "This is another blow to law abiding financial advice businesses who face continued cost pressures and who will again be called on to pay up to the $20 ...

FNZ raises fresh capital for growth plans

RIDDHIMA TALWANI  |  THURSDAY, 13 NOV 2025
FNZ, the global wealth management platform, has secured US$650 million in new equity funding from institutional shareholders to support its long-term business plan. The investment comes from sophisticated investors, including La Caisse, Generation Investment ...

Industry bodies offer Payday Super resources

KARREN VERGARA  |  TUESDAY, 11 NOV 2025
... wait until the last minute, we want employers to start planning for Payday Super now to ensure they are prepared for when the law takes effect." During the first year of the new legislation, the ATO will recognise employers that try to do the right thing ...

HESTA, Vision Super divest Israeli securities

KARREN VERGARA  |  FRIDAY, 7 NOV 2025
... Fund (NZSF), has also been criticised for its holdings in Israeli companies and bonds. Myra Williamson, a senior lecture of law at the University of New Zealand, confirmed with a government representative via an Official Information Act request that ...