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Showing 211 - 220 of 3495 results for "compliance"

InterPrac wants super funds' reserves to remediate Shield, First Guardian victims

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... in Shield in July 2023 and First Guardian in December 2023. Both Venture Egg and Reilly Financial were placed on a compliance vetting in December 2023 which effectively ceased all new business from Venture Egg, he said. Last year, APRA announced changes ...

Equity Trustees defies ASIC Shield Master Fund allegations

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... Mick O'Brien said: "The ETSL Board is committed to acting in members' best financial interests and takes its compliance obligations seriously. ETSL understands the deeply distressing circumstances for those affected by the misconduct of now banned ...

FEATURE: Hyped up

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... effective investment decisions, manage risks and communicate with clients, automating specific tasks in client onboarding, compliance checks, portfolio rebalancing, performance reporting and error corrections. Yet, what often hinders asset managers going ...

Binance names head of APAC

MICHELLE BALTAZAR  |  THURSDAY, 4 SEP 2025
... continue advancing our mission of fostering sustainable and responsible growth, while upholding the highest standards of compliance in APAC," said Richard Teng, Binance chief executive, in a statement. Prior to Crypto.com, Seker held several senior legal ...

ASIC culls red tape, sets sights on more

ELIZA BAVIN  |  WEDNESDAY, 3 SEP 2025
... guidance, its website, and its legal instruments. "Regulatory complexity raises costs, stifles innovation and makes compliance harder. Since we formed the ASIC Simplification Consultative Group late last year with key leaders across business, industry ...

Super funds test cybersecurity resilience

KARREN VERGARA  |  WEDNESDAY, 3 SEP 2025
... response to a significant cyberattack, seeing how they identify strengths, uncover gaps and test communication and compliance procedures under pressure. About 10 members of AustralianSuper collectively lost $750,000 from a cyberattack in April. Cbus ...

Societe Generale fined $3.88m

ELIZA BAVIN  |  TUESDAY, 2 SEP 2025
... repeated warnings. The MDP was also alarmed that the circumstances indicated a lack of effectiveness of SocGen's compliance and surveillance functions to detect and address manipulative market behaviour. This included a lack of training, skills and ...

Shield-linked advice firm director, compliance manager banned

JAMIE WILLIAMSON  |  THURSDAY, 28 AUG 2025
The AFSL of MWL Financial Services has been cancelled, while both its director and its compliance manager have copped bans after they allegedly helped funnel more than $150 million in investments into the Shield Master Fund. MWL recommended Shield to ...

ATO eyes SMSF illegal early access

KARREN VERGARA  |  THURSDAY, 28 AUG 2025
... growing number of SMSFs falling behind in their lodgment obligations, and we know that lodgment is the most important compliance obligations trustees must meet. If you fail to lodge your annual return on time, there may be penalties and interest applied ...

ESG labelling could 'destabilise' super system: RIAA

JAMIE WILLIAMSON  |  THURSDAY, 28 AUG 2025
... diversified. Doing so could limit choice of products for members while also driving up costs, it said, explaining that compliance needs and costs would rise. "For super funds, this could divert capital, create unnecessary compliance costs, and weaken ...