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Showing 1721 - 1730 of 3508 results for "compliance"

Advice group strengthens leadership team

JAMIE WILLIAMSON  |  TUESDAY, 19 JUN 2018
... held roles with AMP, Citi, KPMG and the Insurance and Superannuation Committee. Finally, former Macquarie Group senior compliance manager Amanda Wilson has been appointed head of licensee and advice compliance. Wilson brings more than 20 years' experience ...

ASIC drags Westpac to court

KANIKA SOOD  |  MONDAY, 18 JUN 2018
... in the Perth area as an employee of Westpac between 2001 and 2014 before the bank dismissed him. Westpac identified compliance concerns in Sinha's advice and in June 2017, ASIC banned Sinha from providing financial services for a period of five years ...

ASIC issues warning over Dover advisers

JAMIE WILLIAMSON  |  WEDNESDAY, 13 JUN 2018
... they have robust recruitment and monitoring practices, particularly when appointing advisers from an AFSL with a poor compliance history. In doing so, the regulator referenced previous warnings issued following action taken against Aliom Pty Ltd and ...

Technical Services Forum looks at tax and aged care

KANIKA SOOD  |  FRIDAY, 8 JUN 2018
... exempt proceeds out of a company structure and aged care. The audience of about 50 included technical services managers, compliance officers, professional standards officers, analysts, paraplanners and a few financial advisers and planners. IOOF senior ...

AFA criticises draft FASEA standard

KARREN VERGARA  |  FRIDAY, 8 JUN 2018
... said FASEA doesn't go far enough to include licensees in the code of ethics or addresses how to establish the correct compliance culture. What emerged from the second round of Royal Commission hearings is that the advice industry "remains vulnerable ...

ASIC looks into Melbourne planning firm

HARRISON WORLEY  |  THURSDAY, 7 JUN 2018
ASIC surveillance of a Melbourne based financial planning business will extend to an independent review of its compliance arrangements. Record keeping, supervision and other compliance arrangements of Melbourne-based Allied Financial Solutions are the ...

Chapmans passes on blockchain investment

KANIKA SOOD  |  MONDAY, 4 JUN 2018
... invest US$4 million is US-based Securrency Inc., a patent-pending regtech and fintech that aimed to bring regulatory and compliance-based asset tokenisation and trading to institutional and retail investors. Chapman's US$4 million was to be invested ...

CBA settles with AUSTRAC for $700m

JAMIE WILLIAMSON  |  MONDAY, 4 JUN 2018
... significant changes it has made in recent years as part of a comprehensive program to improve operational risk management and compliance. To date, CBA has spent more than $400 million on systems, processes and people relating to AML/CTF compliance and ...

StatePlus awards custody mandate

KANIKA SOOD  |  WEDNESDAY, 30 MAY 2018
... Street will now provide StatePlus with back office services including custody, unit pricing, performance and analytics, compliance and complete tax services for multiple asset classes. StatePlus chief executive Graeme Arnott said: "We have appointed ...

Productivity Commission addresses superannuation lottery

DARREN SNYDER  |  TUESDAY, 29 MAY 2018
... can erode their super balances at retirement by over $50,000." Additionally the PC said Superannuation Guarantee non-compliance is hard to estimate, but could be costing members about $2.8 billion a year. It said at least 2% of all member accounts (about ...