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Showing 221 - 230 of 577 results for "Scrutiny"

Financial institution charged over Epstein scandal

ELIZA BAVIN  |  THURSDAY, 9 JUL 2020
... processed hundreds of transactions totaling millions of dollars that, at the very least, should have prompted additional scrutiny in light of Epstein's history," the DFS said. Deutsche Bank agreed to pay the fine, and DFS said it allowed a number ...

Super for women under scrutiny

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
A financial adviser has questioned whether superannuation needs to be tailored to women specifically, as female focussed funds - such as Verve and Fairvine - grow in popularity. Lusher Financial Services adviser Christine Lusher said she does not think ...

AMP should stop whining: Slater and Gordon

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
... recently, with new legislation requiring them to have an AFSL to operate in Australia. De Ferrari said he welcomed this new scrutiny of litigation funding, and that he was worried the prevalence of class actions in Australia was driving up the cost of ...

Managed funds redemptions top US$62bn

KANIKA SOOD  |  TUESDAY, 23 JUN 2020
... nearly half of the levels already seen so far this year. "We believe that this will lead to greater regulatory and market scrutiny of how fund managers determine asset valuations and apply liquidity management measures," Fitch said. However, it highlighted ...

Marianne Perkovic to depart CBA

ALLY SELBY  |  TUESDAY, 23 JUN 2020
... to ensure continuity for the division's clients. Perkovic spent more than a decade with the bank, and faced heated scrutiny when representing its wealth management arm during the Royal Commission. During her testimony, she admitted the bank's ...

EM winners, losers emerge in COVID-19 struggle

ALLY SELBY  |  FRIDAY, 19 JUN 2020
... pandemic has created compelling investment opportunities in emerging markets, while the bigger players face increasing scrutiny over their bungled responses and dismal transparency. That's according to Michael Cirami, co-director of global income at ...

ASIC ends relief for advisers

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
... following the COVID-19 crisis," the regulator said. "However, following feedback from the Senate Standing Committee for the Scrutiny of Delegated Legislation, ASIC has decided to amend these instruments to include specific end dates." ASIC added that ...

Super consolidation to slash 60% of funds

HARRISON WORLEY  |  TUESDAY, 9 JUN 2020
... sector. The firm's paper also said the tailwinds driving the accelerated mergers were underpinned but regulatory pressure, scrutiny and oversight, noting the increased focus on member outcomes, fees, costs and performance, the impending implementation ...

Renewed scrutiny for ME Bank

ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
Liberal MP Tim Wilson has asked to recall ME Bank to the House of Representatives Standing Committee on Economics after correspondence with ASIC for a hearing later this week. During ME Bank chief executive James McPhee's appearance at the last ...

Let's not waste the crisis

ALLY SELBY  |  THURSDAY, 28 MAY 2020
... some focus on that, particularly where those workers may be rehired on different terms," Glover said. With heightened scrutiny on both public and private companies during the pandemic, the global community has become even more accustomed to expecting ...