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| | | ASIC has released guidance regarding the function of the Financial Services and Credit Panel, outlining the actions it may take and the rights of financial advisers who are subject to a hearing or disciplinary measure. In December, ASIC outlined the ... |
| | | | The Reserve Bank of Australia (RBA) has chosen to increase the cash rate by 50 basis points to 1.85%, consequently, this is now a fourth consecutive monthly rate rise. The RBA's decision comes as it continues its attempt to return inflation to its 2-3% ... |
| | | | The Financial Services Council (FSC) has released guidance setting industry expectations for net zero targets, the labelling of investment products and transparency of climate risk disclosures. On the guidance's creation, FSC chief executive Blake ... |
| | | | Commonwealth Bank and the UNSW Generated Violence Research Network (GVRN) partnership commented on findings showing economic and financial abuse is linked to domestic and family violence. Statistics show that one in four women and one in 13 men have ... |
| | | | A new report from Morningstar calls out the faults in the Portfolio Holdings Disclosure regulations, particularly as they pertain to unlisted, private equity and bond investments. The report's author, head of manager selection Grant Kennaway, says ... |
| | | | APRA is proposing to introduce new minimum standards for super funds in managing operational risk, opening a new consultation. As part of the consultation, APRA has released Prudential Standard CPS 230 Operational Risk Management which includes minimum ... |
| | | | KPMG has flagged ESG, tax governance, financial crime, adaptive investment operations and regulatory risks as some of its key considerations for the super sector in 2022. According to KPMG's latest Super Insights 2022 report, last year climate change ... |
| | | | The Financial Conduct Authority has outlined how a new Consumer Duty will improve customer service across the UK's financial services sector, including ending "rip-off" fees and putting consumers' needs first. The Duty comprises an overarching principle ... |
| | | | Treasurer Jim Chalmers has addressed Australia's confronting inflation numbers and the International Monetary Fund's (IMF) substantial global growth downgrades at a Canberra press conference. Unsurprised to see inflation north of 6%, Chalmers ... |
| | | | While near term market volatility is expected to continue in Australia and overseas, it is not all doom and gloom, according to GSFM and Munro Partners. At a recent briefing, GSFM investment strategist Stephen Miller said that all developed country ... |
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