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Showing 1 - 10 of 92 results for "ACT for"

FEATURE | Emerging markets: Twists and turns

KARREN VERGARA  |  FRIDAY, 29 MAY 2026
On March 24, merely weeks into the US-Israel war on Iran, the Philippines became the first domino to fall when President Ferdinand Marcos Jr. declared a national energy emergency. The closure of the Strait of Hormuz, a critical maritime chokepoint ...

ASIC launches action against Equity Trustees for $65m First Guardian failures

ELIZA BAVIN  |  THURSDAY, 21 MAY 2026
... proceedings against Equity Trustees last year, it determined to make an application to the government under Part 23 of the SIS Act for help in making First Guardian and Shield investors whole. "Part 23 of the SIS Act is designed for exactly these purposes ...

Macquarie Asset Management earnings soar to $2.6bn

KARREN VERGARA  |  FRIDAY, 8 MAY 2026
Macquarie Asset Management's (MAM) earnings soared to $2.6 billion largely driven by bumper performance fees charged on its private markets transactions. MAM's net profit jumped 27% in its full-year reporting period ending March thanks to private ...

HESTA snags TelstraSuper investment leader

MATTHEW WAI  |  FRIDAY, 24 APR 2026
HESTA has appointed a new head of portfolio design, hiring TelstraSuper's acting chief investment officer. Kate Misic will join HESTA in the role on June 15. The role was vacated by Dianne Sandoval when she departed the fund in December 2025. She ...

Addressing modern slavery risks more critical than ever: RIAA

KARREN VERGARA  |  THURSDAY, 23 APR 2026
This year's Responsible Investment Association Australasia (RIAA) Conference will help financial services professionals address modern slavery risk in portfolios, particularly as new laws propose entities should identify and take reasonable action ...

Super trustees told to up fraud protection game

MATTHEW WAI  |  WEDNESDAY, 4 FEB 2026
ASIC is urging super trustees to strengthen their anti-scam and fraud practices after a review found "significant" gaps in communications to members. Following an assessment of scams and fraud-related website content across 47 super funds, benchmarking ...

ASIC seeks feedback on updating financial reports relief guidance

MATTHEW WAI  |  TUESDAY, 13 JAN 2026
... providing guidance for entities seeking relief from the financial reporting and audit requirements of the Corporations Act for companies, disclosing entities, registered managed investment schemes, corporate collective investment vehicles, and registrable ...

Equity Trustees to ask Mulino for help amid First Guardian, Shield fallout

JAMIE WILLIAMSON  |  THURSDAY, 30 OCT 2025
Equity Trustees will follow Netwealth's lead and make an application to the government under Part 23 of the SIS Act for help in making First Guardian and Shield investors whole. Speaking at the Equity Trustees annual general meeting today, managing ...

ASIC permanently bans convicted investment manager

MATTHEW WAI  |  TUESDAY, 2 SEP 2025
... obligations, acted dishonestly, made false and misleading representations and breached the trust of those he was engaged to act for," Court said. Trevillian's ban has been recorded on the banned and disqualified register. Under the Corporations Act ...

Account number issue causes angst, undue admin work: FAAA

KARREN VERGARA  |  WEDNESDAY, 13 AUG 2025
... was known from around the time when the obligation commenced, there is no flexibility in this part of the Corporations Act for either the Minister or ASIC to fix it," he said. "This outcome should have been avoidable. As set out above, this is a particularly ...
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