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

Search Results

Showing 2431 - 2440 of 3524 results for "compliance"

SEC bestow first whistleblowers awards

ALEX DUNNIN  |  THURSDAY, 4 SEP 2014
... Securities Exchange Commission (SEC) has just announced the recipient of a US$300,000 Whistleblower Award to Audit and Compliance Professional Who Reported Company's Wrongdoing. The SEC, in a statement, said the whistleblower came forward after they ...

Centrepoint Alliance returns to growth

MARK SMITH  |  MONDAY, 25 AUG 2014
... PIS has completed its ongoing monitoring program with ASIC and the regulator has reported significant improvements in compliance and internal auditing. With cash reserves of $21.4 million, Centrepoint said it is in a strong financial position to continue ...

FPA turns to social media on Financial Planning Week

STAFF WRITER  |  MONDAY, 25 AUG 2014
... be completely digital," FPA general manager of member growth and marketing Tom Reddacliff said. He noted that often "compliance and risk adversity regimes are working against us, but they are moving very quickly; the policies need to keep up with the ...

Ditch retail prospectuses in some cases, say leading lawyers

ALEX DUNNIN  |  TUESDAY, 19 AUG 2014
... limits retail investors' access to high quality information and advisers. Responding to this, Anatoly Kirievsky, head of compliance at Bank of America, said: "Do we need a 'safe harbour' provision where providers can offer basic product information at ...

Macquarie forced to contact all advice clients for remediation

LAURA MILLAN  |  FRIDAY, 15 AUG 2014
... as] high risk, they're not likely to be there anymore," he said. Kell would not give examples of the cases of poor compliance or improper advice at MPW detected by ASIC. But he did say that MPW's record keeping was "extremely poor" and added that Macquarie's ...

Ascalon acquires stake in Morphic AM

STAFF WRITER  |  THURSDAY, 14 AUG 2014
... providing services spanning senior management representation, sales and distribution, as well as financial, legal and compliance support services. Morphic now has $50 million in funds under management and was co-founded in 2012 by two former long standing ...

CareSuper, Crowe Horwath partner to wind up SMSFs

STAFF WRITER  |  WEDNESDAY, 13 AUG 2014
... they have over their investments, but they have reported to us that they were not aware of the time associated with compliance requirements and the ongoing costs at the time of establishing the SMSF," CareSuper chief executive Julie Lander said. She ...

CBA, ASIC unveil details of new compensation scheme

LAURA MILLAN  |  FRIDAY, 8 AUG 2014
... document forgery within CBA's financial planning businesses. As part of the new program, ASIC will appoint an external compliance expert to oversee the AFS licensees' compliance with the conditions. "The expert will also review whether the steps taken ...

Claims against advice arm have no factual basis: Macquarie

LAURA MILLAN  |  MONDAY, 4 AUG 2014
... 2013. Macquarie has said that it has put in place new adviser assessments, new adviser training, new management and new compliance staff. However, Macquarie refused to respond to Financial Standard 's request for more detailed information about these ...

Licensee under ASIC scrutiny after employing AAA advisers

LAURA MILLAN  |  WEDNESDAY, 30 JUL 2014
... of AAA Intelligence limited. PGW Financial Services has implemented a regime of supervision, review and audit by a compliance expert for at least 15 months. The licensee came under ASIC scrutiny when it appointed a number of former representatives of ...