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Showing 161 - 170 of 333 results for "Watchdog"

BTFG working to improve culture, ethics

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUN 2017
... BTFG Advice team for prioritising ethics. We applaud their initiative," St John said. "Ethics are our most effective watchdog. The more we talk, think, dissect and practice, the more we see the rewards across business, behaviours and decision making. ...

ASIC boosts support for regtech

KARREN VERGARA  |  WEDNESDAY, 31 MAY 2017
... response to an overwhelming number of organisations expressing frustration over complex compliance burdens. The corporate watchdog recently announced the next phase of supporting regtech's technological capabilities in helping clients meet regulatory ...

Barclays refunds US$97m for overcharging clients

KARREN VERGARA  |  WEDNESDAY, 17 MAY 2017
... classes, the SEC said in a statement. In a separate incident, Barclays was fined in March by the Australian corporate watchdog for failing to inform local clients they were exempt from holding an AFSL.

Two Victorian advisers cop bans

KARREN VERGARA  |  TUESDAY, 16 MAY 2017
... financial services for six years and four years respectively. Following a two-year long investigation, the corporate watchdog was also concerned about Heycock moving MySuperMan clients' funds between his other entities and self-managed superannuation ...

Unclear disclosure costs bank $5m

KARREN VERGARA  |  MONDAY, 3 APR 2017
... merchants located overseas, or if the merchants used a foreign bank or entity to process transactions. The corporate watchdog found the bank failed to properly disclose that Australian dollar transactions processed by an entity outside Australia attracted ...

Credit Suisse fined for systems mishap

KARREN VERGARA  |  THURSDAY, 16 MAR 2017
... Commission for failing to have the appropriate price limits in place across its automated order processing (AOP) systems. The watchdog found Credit Suisse did not have the appropriate price filters for more than five years, during which about 9800 orders ...

Australian system needs "substantial reassessment": SEC veteran

ALEX BURKE  |  TUESDAY, 19 APR 2016
... Thomas's mind, that a substantial reassessment - that goes far beyond simply providing additional resourcing for a financial watchdog - is "incredibly useful." "At worst, it'll have a limited yield, but they'll be at peace that they spent the time to ...

Industry groups slam SEC plan to limit derivatives

WHITNEY FITZSIMMONS  |  THURSDAY, 31 MAR 2016
... Commission (SEC) to try to limit investors' exposure to risk. In December Mary Jo White, the chair of the US corporate watchdog said a funds' use of certain instruments can cause "substantial and rapid losses" or force managers to sell holdings during ...

ASIC to be handed greater powers

MARK SMITH  |  TUESDAY, 20 OCT 2015
... final report, the government has agreed to implement most of the recommendations put forward to strengthen the industry watchdog. In its response, the government said it would do more to prevent product and advice failures, acknowledging that the losses ...

BT pays fines for misleading super statements

STAFF WRITER  |  TUESDAY, 16 JUN 2015
Australia's corporate watchdog said BT Funds Management recently paid more than $20,000 in fines. An Australian Securities and Investments Commission (ASIC) statement said BT paid two infringement notices for misleading statements contained in the online ...