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Showing 231 - 240 of 2467 results for "Directors"

New bill seeks to block investments involving Cbus

ANDREW MCKEAN  |  THURSDAY, 22 AUG 2024
... highly regulated financial institution that meets all legal obligations regarding the appointment and ongoing review of directors, who must pass a fit and proper assessment. Bragg, however, criticised Cbus for not taking action to remove these board ...

Aware Super welcomes new chair

MATTHEW WAI  |  TUESDAY, 20 AUG 2024
Aware Super has appointed Christine McLoughlin as its chair, effective October 1. The appointment follows the departure of Sam Mostyn, who stepped down to become Australia's governor general in April. McLoughlin joins the board with over 25 years ...

Super's board requirements are sound: SMC

ELIZA BAVIN  |  TUESDAY, 20 AUG 2024
... experience and skills which safeguards against "group think". "Super fund members have been well-served by having a mix of directors. Some bring experience in employer bodies like the Australian Hotels Association, AI Group, the Master Builders and State ...

APRA reprimands Cbus, BUSSQ over governance issues

ANDREW MCKEAN  |  WEDNESDAY, 14 AUG 2024
... governance obligations, including the best financial interests duty and fit and proper obligations for its board of directors which includes CFMEU bosses," Howarth said. A BUSSQ spokesperson, meanwhile, said the trustee acts with " robust governance ...

CFMEU fallout stokes governance debate

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
... claiming to have insider influence. Cbus, which has a 14-member board comprising an equal number of employer and union directors, including three CFMEU representatives, has since come under scrutiny for possible conflicts of interest. A Cbus spokesperson ...

DG Institute to pay near $20m for misleading courses

MATTHEW WAI  |  WEDNESDAY, 24 JUL 2024
... carefully considering the court's judgement, it said. "These orders underscore the importance for businesses and company directors to ensure statements made to consumers... and clearly demonstrate the consequences of making false claims when promoting ...

Industry funds defend CFMEU board ties

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
... board composition of both Cbus and BUSSQ, funds catering to the construction industry, is under scrutiny. At Cbus, CFMEU directors occupy three of the six union-appointed positions on its 14-member board. Meanwhile, BUSSQ has three of its four union-appointed ...

ASIC bans 'incompetent' financial services directors

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
ASIC has banned two former directors and responsible managers of XTrade, a trading platform that offers clients opportunities to trade in contracts for difference (CFDs) and foreign exchange contracts. The directors, Shay Zakhaim and Anthony Anderson ...

Clime chief executive resigns

KARREN VERGARA  |  MONDAY, 15 JUL 2024
... whereby major shareholder Torres Industries, which is associated with former Clime chair Don McLay, attempted to oust directors John Abernethy, Michael Kollo, Susan Wynne, Claire Bibby, and Ronni Chalmers. Donat commented: "Throughout this time, we have ...

ASIC, APRA provide FAR update

ELIZA BAVIN  |  FRIDAY, 12 JUL 2024
... responsibility and accountability framework to improve the risk governance cultures of APRA-regulated entities, their directors, and most senior executives. As part of the new update, ASIC and APRA have released an amendment to the regulator rules, which ...