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

Search Results

Showing 201 - 210 of 4084 results for "Conduct"

ASIC reads the riot act to the super industry: Longo

ANDREW MCKEAN  |  FRIDAY, 13 JUN 2025
... we warmly welcome the government's proposed mandatory and enforceable service standards to drive improvement in trustee conduct." He said that's also why the next phase of ASIC's work on the superannuation sector is to focus on how trustees learn from ...

Aware Super tops up direct equities team

ELIZABETH FRY  |  THURSDAY, 12 JUN 2025
Aware Super's direct equities portfolio has received a boost with three new appointments - one promotion and two new hires. Keen to add another senior investment analyst to the team, Sachin Nair has been elevated to that position. Covering tech ...

$15m crypto scam costs former adviser 10 years

JAMIE WILLIAMSON  |  THURSDAY, 12 JUN 2025
... Wealth Pty Ltd. Her authorisation was revoked in February 2024. Rogan was banned for engaging in misleading or deceptive conduct. ASIC said it had reason to believe that Rogan "is not a fit and proper person, is not competent to participate in the Australian ...

ASIC puts 18 finfluencers on notice amid global campaign

JAMIE WILLIAMSON  |  THURSDAY, 12 JUN 2025
... were even arrested for their actions, while others were ordered to take their websites down. In London, the Financial Conduct Authority arrested three individuals and launched criminal proceedings against them. It interviewed a further four finfluencers ...

Telegram pump and dump schemers plead guilty

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JUN 2025
... chair Joe Longo said the guilty pleas reflected the strength of ASIC's case and its commitment to acting against unlawful conduct that undermines market integrity. "ASIC takes breaches of the market manipulation rules very seriously and as demonstrated ...

Super funds to take stock of information security controls

JAMIE WILLIAMSON  |  TUESDAY, 10 JUN 2025
... provide a clear explanation as to why the issue is not material and how it is appropriately managed. They must then also conduct a breach assessment to determine whether it also constitutes a breach of CPS 234. Finally, all funds must advise APRA of ...

ASIC grants no-action on deficient advice fees consent

JAMIE WILLIAMSON  |  FRIDAY, 6 JUN 2025
... requirements," ASIC said. "This no-action position does not prevent third parties from taking legal action in relation to the conduct." The regulator also clarified that a no-action is not a legal opinion, but an expression of regulatory intent that ...

HESTA moves risk chief to advisory role

ELIZABETH FRY  |  THURSDAY, 5 JUN 2025
HESTA chief risk officer Andrew Major has moved into a newly created advisory role to work with the fund's investment leadership on strategy. The transition represents a natural evolution for Major, who before joining HESTA's risk division in ...

Private credit market has lenders sweating

ANDREW MCKEAN  |  THURSDAY, 5 JUN 2025
... regulation, while more than two-in-three respondents said they had a level of concern about the size of the market and its conduct. The top issues raised by 69% of the total lending pool surveyed include pushy practices, inexperienced operators, and ...

Alternatives high on the radar to escape Trump's tariffs: Fidante

MATTHEW WAI  |  THURSDAY, 5 JUN 2025
Financial advisers are increasingly searching for alternative sources to capture alpha amid ongoing market volatility. Surveying 174 financial advisers, Findante found that four in 10 advisers are now bearish on both US equities and Australian equities ...