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Showing 241 - 250 of 2805 results for "Regulation"

Government consults on laxing legacy super product rules

ANDREW MCKEAN  |  WEDNESDAY, 18 SEP 2024
The government is consulting on new regulations to relax restrictions on legacy superannuation products which would allow individuals to exit unsuitable products and remove barriers to closing legacy funds. The purpose of the draft Treasury Laws Amendment ...

Scams prevention framework consultation released

ELIZA BAVIN  |  MONDAY, 16 SEP 2024
Treasury has released the Scams Prevention Framework for consultation with harsh penalties proposed for financial services firms that don't do enough to prevent scams. The government is planning to introduce mandatory codes that would requires financial ...

Genetic test results to no longer hinder life cover

JAMIE WILLIAMSON  |  WEDNESDAY, 11 SEP 2024
... access and increasingly helping people manage or even avoid hereditary conditions. Now is the time for strict government regulation. "We're pleased to see this announcement includes a five-year review of the legislation. This will be essential to ...

Monochrome moves to list Ethereum ETF

ANDREW MCKEAN  |  FRIDAY, 6 SEP 2024
Monochrome Asset Management has filed an application to list an Ethereum exchange-traded fund (ETF) on Cboe Australia. The Monochrome Ethereum ETF (IETH) would passively hold Ethereum, which is the second-largest cryptocurrency by market capitalisation ...

Clime posts $3.8m loss

ANDREW MCKEAN  |  FRIDAY, 30 AUG 2024
... He added that the licensing business had stagnated inside a financial market that was declining under the weight of regulation and growing costs. "In summary, the board determined that the group was devoting too many resources, and therefore costs, to ...

FSU campaigns against workplace surveillance

JAMIE WILLIAMSON  |  FRIDAY, 30 AUG 2024
... and safety, the current practices are far too invasive and lack the necessary oversight. We believe that effective regulation is essential to create fair and safe workplaces."

Australia a 'regional private wealth hotspot': Preqin

ANDREW MCKEAN  |  WEDNESDAY, 28 AUG 2024
Australia is a top regional private wealth hotspot, with the greatest proportion of investors, many of whom are looking to alternatives, according to a Preqin report. The data provider's report highlighted that among all private wealth investors in ...

APRA reorganises as it sets sights on superannuation

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
The Australian Prudential Regulation Authority (APRA) has published its latest corporate plan as well as some changes to its internal structure. The corporate plan outlines how the regulator will maintain the "strength and stability of Australia's banks ...

BUSSQ fights back against regulatory imposition

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
... decisions. BUSSQ responded at the time saying that itself and super funds in general are subject to comprehensive and robust regulation and audits by independent third parties on a regular basis and that it has robust governance processes and frameworks ...

ASIC wins case against crypto exchange Kraken

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
ASIC has won its case against Bit Trade, the operator of Kraken in Australia, after the crypto exchange was found to have not complied with design and distribution obligations when offering a margin trading product to its customers. Bit Trade's ...