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Showing 261 - 270 of 3470 results for "Compliance"

ASFA, EY release guidance on CPS 230

ELIZA BAVIN  |  THURSDAY, 22 MAY 2025
... monitored, given their important role in providing services to fund members. "Implementation of CPS 230 is not merely a compliance task, but an important opportunity for trustees to further evolve their risk management frameworks, reflecting the superannuation ...

ASIC takes Block Earner case to High Court

ELIZA BAVIN  |  WEDNESDAY, 21 MAY 2025
... the appropriate legal channels. Block Earner continues to operate business-as-usual and remains fully committed to compliance, innovation, and building products that benefit Australian consumers." This legal battle has been ongoing in the courts for ...

Cointree hit with AUSTRAC fine

ELIZA BAVIN  |  MONDAY, 19 MAY 2025
... is undergoing rapid growth, and we have significant concerns about some DCE's capacity for and commitment to AML/CTF compliance," Thomas said. "Addressing heightened risk in the sector is a regulatory priority for AUSTRAC and we are focusing on DCE compliance ...

Advice bodies want efficiency, long-term solutions from Mulino

KARREN VERGARA  |  WEDNESDAY, 14 MAY 2025
... AIOFP's policy focus in the short term will be on the CSLR, Life Insurance Framework (LIF) and rationalisation of the compliance regime. "We have been reliably informed that Dr Mulino will avoid the trap of his office staff being infiltrated by Treasury ...

Macquarie raked over the coals again by ASIC

ANDREW MCKEAN  |  WEDNESDAY, 14 MAY 2025
... independent review of Macquarie Securities regulatory reporting systems, controls, and supervisory procedures to ensure compliance with the law. Macquarie acknowledged the civil proceeds commended by ASIC against its subsidiary. Macquarie noted that ...

Industry bodies call for delay to Payday Super

JAMIE WILLIAMSON  |  FRIDAY, 9 MAY 2025
... entitlements with wages. It would curb the issue of unpaid super in Australia by increasing the penalties for employer non-compliance; it's estimated some $41.5 billion in super has gone unpaid over the past nine years. Still, the groups have said ...

Global X recruits key executives

ELIZABETH FRY  |  THURSDAY, 8 MAY 2025
... lead, Steven Romei, has a strong track record in scaling operational frameworks, including product operations, risk and compliance and change management. Romei joins from State Street Global Advisors, where he held the role of Head of Product Oversight ...

Mercer Super recruits whistleblower as risk chief

ELIZABETH FRY  |  THURSDAY, 8 MAY 2025
... one for me will be to build the best Line 2 risk team in the superannuation industry," he said. "If you are a risk or compliance professional... keep an eye out - job advertisements will begin appearing shortly." Last August, Mercer Super was fined for ...

FAAA calls for stronger consumer protections in advice reforms

ANDREW MCKEAN  |  WEDNESDAY, 7 MAY 2025
... requirements. "A principles-based approach and reliance on professional judgement in the law will legally put clients, not compliance, at the forefront of the provision of financial advice," it said. Regarding advice through super, it reiterated that ...

Macquarie reprimanded again for derivatives compliance failures

KARREN VERGARA  |  WEDNESDAY, 7 MAY 2025
ASIC is again taking action against Macquarie Bank for "multiple and significant compliance failures" relating to its futures-dealing business and over-the-counter (OTC) derivatives trade reporting. The failures have been undetected for many years ...