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Showing 261 - 270 of 1826 results for "Monitor"

ASIC to tighten grip on super fund misdemeanours

ANDREW MCKEAN  |  FRIDAY, 2 FEB 2024
... will be aware that we will use every lever legislation affords us to eliminate this practice, and we will continue to monitor the superannuation sector for misleading greenwashing claims. "Going forward our focus will be on net zero statements and targets ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... the Gaza Strip - of which 12,040 are infants and children - according to Geneva-based non-profit Euro-Med Human Rights Monitor. Last December, major news outlets reported that US President Joe Biden bypassed Congress twice to expedite emergency weapons ...

BlackRock grows private credit business

ELIZABETH FRY  |  TUESDAY, 19 DEC 2023
BlackRock has upped the number of private credit specialists in its antipodean team by recruiting a Nomura operative. Based in Sydney, Stephen Allan has been appointed head of Australasia and will lead the origination and sourcing of private credit ...

What you read in 2023

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2023
Once again, Financial Standard readers were captivated by the evolving superannuation landscape, with this year's top stories largely focused on this space. However, there was one particular executive move that simply couldn't be scrolled past. ...

ASIC, APRA slam premium hikes

KARREN VERGARA  |  FRIDAY, 15 DEC 2023
Life insurers are underhandedly hiking premiums in a way that is misleading and fails to explain why they are rising, according to APRA and ASIC, warning that they will take regulatory action if practices do not improve. The regulators have reprimanded ...

'Significant deficiencies' lead APRA to act against NGS Super

JAMIE WILLIAMSON  |  FRIDAY, 8 DEC 2023
... priorities. However, only half of respondents (across all sectors) believed their organisation had sufficient resources to monitor and respond to its cybersecurity needs. ASIC chair Joe Longo has also made clear that boards will be held to account when ...

Women still underrepresented in asset management roles: FSC

CHLOE WALKER  |  FRIDAY, 8 DEC 2023
... enhance diversity within their investment teams. The majority of those surveyed (88%) also reported that they actively monitor and track gender diversity statistics within their investment management teams. However, it revealed the representation of ...

APRA flags premium volatility in superannuation group life insurance

ANDREW MCKEAN  |  FRIDAY, 8 DEC 2023
APRA has lifted the lid on the key sustainability challenges of group life insurance in superannuation, notably premium volatility and data availability. At the end of 2022, APRA conducted a survey involving RSE licensees, life insurers, and reinsurers ...

Perth Mint enters voluntary enforceable undertaking

CASSANDRA BALDINI  |  THURSDAY, 23 NOV 2023
Perth Mint has entered an enforceable undertaking (EU) with AUSTRAC to improve compliance with Australia's anti-money laundering and counter-terrorism financing (AML/CTF) laws. In August, the financial crimes regulator ordered the appointment of ...

SEC sues Kraken exchange again

CASSANDRA BALDINI  |  WEDNESDAY, 22 NOV 2023
The Securities and Exchange Commission (SEC) has charged Kraken Crypto Exchange for operating its trading platform as an unregistered securities exchange, broker, dealer, and clearing agency. According to the SEC, Kraken has made hundreds of millions ...