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Showing 1861 - 1870 of 7414 results for "MAI"

Chief economist update: Zero beyond 2023

BENJAMIN ONG  |  THURSDAY, 17 SEP 2020
The US Federal Reserve's new monetary policy framework - lower interest rates for longer or average inflation targeting - (virtually) announced at the August 27 Jackson Hole Symposium is now live. The Fed kept policy settings unchanged at its 15-16 ...

State Street cops $1.25m fine from AUSTRAC

KANIKA SOOD  |  WEDNESDAY, 16 SEP 2020
State Street was handed a $1.25 million fine by AUSTRAC for allegedly breaching 99 times its obligation to report international transfers to the agency under Anti-Money Laundering and Counter-Terrorism Financing laws. Under the law (section 45 (2) of ...

Iress appointed mandate

ANNABELLE DICKSON  |  WEDNESDAY, 16 SEP 2020
Managed fund provider Lincoln Indicators has appointed financial software company Iress to provide technical infrastructure to support its expansion into international funds. Lincoln Indicators expanded its offering and launched a US growth fund in ...

APRA, ACCC sign new MoU

ALLY SELBY  |  TUESDAY, 15 SEP 2020
The Australian Prudential Regulation Authority and the Australian Competition and Consumer Commission have signed an updated memorandum of understanding in a bid to increase information sharing, coordination, and cooperation between the two regulators. ...

RBA observes weakness and uncertainty

ELIZA BAVIN  |  TUESDAY, 15 SEP 2020
The Reserve Bank of Australia (RBA) said there are signs of weakness in domestic economic conditions and a high level of uncertainty, when the board met for its September meeting. In considering the policy decision, the RBA said members observed that ...

Chief economist update: Prime Minister Suga

BENJAMIN ONG  |  TUESDAY, 15 SEP 2020
Japan has a new prime minister. Yoshihide Suga is his name. Suga will officially be Prime Minister following a parliamentary vote on September 16 after being elected President of the ruling Liberal Democratic Party (LDP) two days earlier. Prime Minister ...

Financial services laws under review

JAMIE WILLIAMSON  |  TUESDAY, 15 SEP 2020
Following on from the Royal Commission, the Australian Law Reform Commission has been tasked with reviewing financial services laws with a view to simplify laws regulating the industry. As part of its response to the Royal Commission final report, the ...

The fundies of tomorrow

ANNABELLE DICKSON  |  MONDAY, 14 SEP 2020
The next wave of fund managers is ready to leave their textbooks behind and start investing with real money. And star stockpickers of today are offering their help to an interuniversity group. Traditionally, students undertaking a commerce or business ...

HESTA adds to leadership team

ELIZA BAVIN  |  MONDAY, 14 SEP 2020
HESTA has announced the appointment of a head of portfolio management as it continues to build out its new-look investment team. Alan Sheen has been named as head of portfolio management, the newest addition to the new-look senior investment leadership ...

ERS sees Cbus members forfeit TPD cover

ANNABELLE DICKSON  |  FRIDAY, 11 SEP 2020
Cbus has argued the Early Release of Super (ERS) scheme has been detrimental to many Cbus members, having withdrawn their entire balance and seeing the cancellation of their total permanent disability insurance. Speaking at the House of Representatives ...