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Showing 171 - 180 of 539 results for "Supervision"

APRA heatmap sees members save on fees

JAMIE WILLIAMSON  |  TUESDAY, 30 JUN 2020
... doesn't account for insurance premiums. "Since publishing the heatmap last December, APRA has intensified its supervision of underperformers. It's pleasing to see that millions of members are already paying less in total fees, especially given ...

Platform prototypes compliance capability

ALLY SELBY  |  THURSDAY, 18 JUN 2020
... chief executive Neil Younger told Financial Standard the tool would allow the licensee to be more proactive in the supervision and monitoring of risk - saving Fortnum Financial time, energy and money. "Assessing a certain type of risk would normally ...

Dealer groups slam FPA policy

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
... crucial role to play in the oversight of financial advice, which cannot be limited to product. Training, education and supervision are all roles of an AFSL that they say the FPA failed to consider. "Additionally, licensees provide capital protection ...

Law firm bolsters financial services team

ELIZA BAVIN  |  FRIDAY, 15 MAY 2020
... internationally. "Financial sector firms are facing significant regulatory change, more aggressive regulators using more dynamic supervision, consolidation, competition from technology firms entering the financial sector and with the opening up of the ...

Platform cancels top 50 funds list

ELIZABETH MCARTHUR  |  TUESDAY, 5 MAY 2020
... formal and objective criteria, lack of independence of research teams and associated governance," FCA director of supervision - life insurance and financial advice Debbie Gupta wrote. "Processes for clear selection, monitoring and deselection of funds ...

Super funds release $1.3bn

ELIZA BAVIN  |  MONDAY, 4 MAY 2020
... quickly to make payments after receiving determinations from the ATO," Rowell said. "Under the Superannuation Industry (Supervision) Act 1993, trustees are legally required to make early release payments to eligible members 'as soon as practicable'." ...

Former ASIC lawyer joins private firm

ELIZA BAVIN  |  MONDAY, 20 APR 2020
... corporate and director obligations, and the regulation of financial and credit products that are the subject of ASIC supervision.

New ASIC guidance on active ETFs

KANIKA SOOD  |  THURSDAY, 16 APR 2020
... and responding to instances of substantial information asymmetry in the market; and have appropriate compliance and supervision arrangements to support these measures," ASIC said. On improving internal market making practices, ASIC has asked indicative ...

ASIC demands compliance despite COVID-19

HARRISON WORLEY  |  THURSDAY, 16 APR 2020
... and added there will be consequences for those who fail to do so. "It is important to maintain robust monitoring and supervision controls to ensure financial services are provided efficiently, honestly and fairly," ASIC said. "ASIC has observed that ...

Major regulatory efforts delayed

HARRISON WORLEY  |  WEDNESDAY, 15 APR 2020
... regulator APRA. With major projects delayed, the regulator will instead continue to provide an increased level of market supervision work in order to ensure the fair and orderly operation of markets. Additionally, ASIC said it would "heighten" its support ...