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Showing 161 - 170 of 1882 results for "Authority"

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 ...

Government to streamline financial reporting

ELIZA BAVIN  |  FRIDAY, 24 JAN 2025
... strategic direction setting, general oversight and governance roles. It is also proposed the board will be the accountable authority of the new body and collectively responsible for the relevant duties and powers. The consultation paper said that while ...

Ausfood Super appoints chief executive

ELIZABETH FRY  |  THURSDAY, 23 JAN 2025
... swallowed up by Australian Retirement Trust last May. AvSuper provided superannuation services to the Civil Aviation Authority, which later split into Air Services Australia and Civil Aviation Safety Australia. Previously, Sykes spent more than 16 years ...

Oaktree veteran jumps to Avari

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025
... portfolios and other special situations. The real estate specialist began his career at the Australian Prudential Regulation Authority before moving to Macquarie, where he was a senior analyst in the risk management group. Avari Capital was founded by ...

FAAA accuses government of crucial CSLR failure

MATTHEW WAI  |  THURSDAY, 16 JAN 2025
... forecasting a total of $20 million in FY26 - depending on complaints resolved by the Australian Financial Complaints Authority (AFCA) before proceeding to the CSLR. The FAAA previously noted the CSLR could ultimately spike the cost of financial advice ...