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Showing 181 - 190 of 3035 results for "Compliance"

ASIC revokes Centurion subsidiary licence, suspends fund manager

ANDREW MCKEAN  |  WEDNESDAY, 24 MAY 2023
ASIC has cancelled the AFSL of Centurion Custodian Funds Management and suspended Huntley Management for non-compliance. The AFS licence of Centurion Custodian Funds Management, a subsidiary of Centurion, has been cancelled effective from January 18. ...

AFCA outlines systemic issues in wealth management

ANDREW MCKEAN  |  TUESDAY, 23 MAY 2023
... inconsistent and misleading information about its policies and practices, combined with a history of regulatory non-compliance and poor cooperation with AFCA, led to the matter being referred to ASIC. CFDs and their issuers have faced significant regulatory ...

ASIC bans former Gleneagle fund manager

ANDREW MCKEAN  |  TUESDAY, 23 MAY 2023
... also improves the accuracy of information available to the market," ASIC said. "ASIC will continue to identify non-compliance and take enforcement action where necessary." Nevertheless, ASIC added that it recognised that covered short selling, when carried ...

Insignia bolsters executive leadership team

ANDREW MCKEAN  |  THURSDAY, 18 MAY 2023
... chief risk officer and Anne Coyne as chief member officer. Saxena will take on leadership of the enterprise risk and compliance team and be responsible for overseeing all aspects of enterprise risk management and compliance. Insignia said Saxena will ...

PwC picks senior leaders to oversee review

CASSANDRA BALDINI  |  TUESDAY, 16 MAY 2023
... recommendations by September. Meanwhile, going forward, O'Malley will be responsible for all aspects of ethics and compliance. The current PwC global legal business solutions leader will step into his new position as chief risk and ethics leader ...

AustralianSuper mistake spurs call for regulatory intervention

ANDREW MCKEAN  |  MONDAY, 15 MAY 2023
... admitted to not following the rules concerning the management of multiple accounts per member. It self-reported this non-compliance to regulators, confessing to overcharging current and former members with more than one account. According to the Productivity ...

GAM shareholders challenge acquisition

JAMIE WILLIAMSON  |  THURSDAY, 11 MAY 2023
... conditions for such an exemption are not met, notably because the TOB does not have the authority to exempt Liontrust from compliance with Swiss takeover rules' minimum price requirement. The investors are asking the Takeover Board to remove the ...

Budget of missed opportunities: Industry

CASSANDRA BALDINI  |  WEDNESDAY, 10 MAY 2023
... difficult to reconcile the government's agenda with the position of the ATO which explained it has confidence in the compliance of large corporate taxpayers. "At first glance, there appears to be a significant concern with the breadth of these rules. ...

Labor cracks down on unpaid super

ANDREW MCKEAN  |  TUESDAY, 9 MAY 2023
... SG underpayment. The ATO will also receive $13.2 million for consultation and co-design with stakeholders on a new compliance system. The government will also implement bolstered unpaid super recovery targets for the ATO. The tax office will be assessed ...

FAAA suggests adviser pathway tweaks

CHLOE WALKER  |  FRIDAY, 5 MAY 2023
... would represent an appropriate transition for established, experienced financial advisers and planners with a clean compliance record. "Otherwise, we will be in a position whereby planners currently in their thirties could continue to practice indefinitely ...