Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2081 - 2090 of 3517 results for "compliance"

Out-dated websites flag regulatory risk

KERRIE SYDEE  |  MONDAY, 5 DEC 2016
... been a shift in the understanding of the role of the website in the financial planning industry, but that a focus on compliance online must be a greater component of the user experience. "People are starting to realise that websites are really their ...

ASIC falls on fund disclosure sword

DARREN SNYDER  |  WEDNESDAY, 30 NOV 2016
... Superannuation Funds of Australia chief executive Dr Martin Fahy applauded ASIC for adopting a reasonable approach to compliance timelines, given the implementation issues the industry is facing. "This is a complex and detailed area of regulation, which ...

Former Westpac planner banned

JAMIE WILLIAMSON  |  TUESDAY, 29 NOV 2016
... reported concerns about Mr Bishop to ASIC in May 2014. It said it detected a number of issues surrounding the advice and compliance of Mr Bishop and immediately took action. Mr Bishop has not worked for BTFG since 2014," the spokesperson said. "BTFG ...

Super objective crucial to Commission review

DARREN SNYDER  |  MONDAY, 28 NOV 2016
... higher data costs for industry are borne by members and the industry is already subject to extensive data reporting and compliance requirements. Around 17 per cent of the indicators will require new data to be sourced from industry." FSC chief executive ...

Bank inquiry recommends breaking big four oligopoly

ALEX BURKE  |  FRIDAY, 25 NOV 2016
... "improve the transparency of its processes in assessing and granting a banking licence." Other recommendations focused on compliance and remediation, the biggest of which was saying the Financial Ombudsman Service, the Credit and Investments Ombudsman ...

ACCC slams Macquarie and ANZ for cartel conduct

ALEX BURKE  |  FRIDAY, 25 NOV 2016
... responsibility and apologise for the actions of our former employees. We have made significant improvements to our compliance, training and monitoring systems to ensure this does not happen again." ANZ said it has since enhanced internal policies and ...

ASIC gives green light to FPA fees code

JAMIE WILLIAMSON  |  THURSDAY, 24 NOV 2016
... approval, codes must adopt higher standards than required by law, or in the case of an opt-in code replace the need for compliance with a legal requirement, and represent a benefit to consumers," said De Gori. "Importantly, any organisation proposing ...

Key board appointment for Sequoia

JAMIE WILLIAMSON  |  MONDAY, 21 NOV 2016
... independently owned AFSL, Interprac Financial Planning. Crole will also join Sequoia's governance committee, risk & compliance committee, remuneration committee and audit committee. Crole brings over 30 years' experience in establishing and developing ...

ASIC bans former AMP adviser

KERRIE SYDEE  |  MONDAY, 21 NOV 2016
... false documents to clients. ASIC deputy chair Peter Kell said: "ASIC is committed to raising standards of conduct and compliance in the wealth management industry and will act to remove advisers who engage in misleading conduct." McCarthy has the right ...

Contango nabs former UBS exec

JAMIE WILLIAMSON  |  THURSDAY, 17 NOV 2016
Contango Asset Management has appointed a legal and compliance expert as general counsel. Hari Morfis has joined the firm from UBS, bringing with her a high level of regulatory experience and expertise. Having most recently served as executive director ...