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Showing 1751 - 1760 of 19571 results for "Ban"

Treasury mandates APRA consider climate risks in duties

RACHEL ALEMBAKIS  |  FRIDAY, 9 JUN 2023
Treasury has released an updated statement of expectations for APRA which includes the adoption of climate reporting standards by super funds, banks and insurers. "For the first time, the government is explicit in requiring the regulator to consider ...

Former BBY operations lead sentenced

JAMIE WILLIAMSON  |  FRIDAY, 9 JUN 2023
The former head of operations of collapsed stockbroker BBY was sentenced on three charges of dishonestly obtaining a financial advantage. Between June 2013 and May 2015, while BBY's head of operations, Fiona Mae Bilton deceived St George Bank in related ...

Perth-based Ponzi scheme shut down by court

JAMIE WILLIAMSON  |  FRIDAY, 9 JUN 2023
... deferring all matters of the business to his wife. He has been disqualified from managing a corporation for 15 years, while her ban is for life. She is also permanently restrained from carrying on a financial services business. A website promoting Kaur ...

Suncorp wage scandal comes to a head

ANDREW MCKEAN  |  FRIDAY, 9 JUN 2023
Suncorp has signed an Enforceable Undertaking with the Fair Work Ombudsman and reimbursed its staff with a back-payment of $32 million, inclusive of interest and superannuation. Suncorp underpaid nearly 16,000 employees between May 2014 and March 2022. ...

FICAP Rockstar back in July

CASSANDRA BALDINI  |  FRIDAY, 9 JUN 2023
The Financial Industry Community Aid Program's much-loved Rockstar event is returning in 2023 after four long years. This year, FICAP's Rockstar event will be held on July 27 at Mary's Underground and all proceeds will go to new charity ...

Australian Retirement Trust makes three leadership appointments

JAMIE WILLIAMSON  |  THURSDAY, 8 JUN 2023
There is a new chief member officer, chief of staff and executive general manager of advice, guidance and education at Australian Retirement Trust (ART). In March, and about a year on from its creation, ART overhauled its executive team to better position ...

Co-heads take charge of FI&C at BNP Paribas APAC

ANDREW MCKEAN  |  THURSDAY, 8 JUN 2023
The BNP Paribas Securities Services division has appointed new co-heads of the Financial Intermediaries and Corporates (FI&C) Client Line in the Asia Pacific. BNP Paribas has promoted Hugues Williamson and Mark Wootton as co-heads of the FI&C client ...

Cheques to wind down by 2030: Chalmers

CASSANDRA BALDINI  |  THURSDAY, 8 JUN 2023
Archaic payment systems could soon be a thing of the past following government plans to wind down outdated methods like cheques. Treasurer Jim Chalmers handed down a five-point strategic plan yesterday in front of the Australian Banking Association ...

AMP offloads SuperConcepts

JAMIE WILLIAMSON  |  THURSDAY, 8 JUN 2023
An investor group comprising private equity firm Pemba Capital Partners and several advice industry executives is buying the SMSF administration business and its SuperMate solution. AMP is selling SuperConcepts to Pemba Capital Partners, which is co-investing ...

NGS Super names chief executive

ELIZABETH FRY  |  WEDNESDAY, 7 JUN 2023
Natalie Previtera has been permanently appointed to the role of chief executive after acting in the role for nearly a year. Her appointment followed the retirement of Laura Wright. Previtera joined the $13 billion asset owner in 2019 and was appointed ...