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| | | ... 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 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
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