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Showing 271 - 280 of 4157 results for "Conduct"

US-Iran tensions send markets into panic mode

ELIZA BAVIN  |  MONDAY, 23 JUN 2025
Global markets are preparing for potential fallout after the US conducted strikes with B-2 Stealth Bombers on three Iranian nuclear sites over the weekend and has since claimed the attacks "obliterated" Iran's nuclear capabilities. IG market analyst ...

Boutiques wield independence, specialisation over larger managers: Research

KARREN VERGARA  |  TUESDAY, 17 JUN 2025
New research shows that boutique fund managers count their independence, specialist strategies and ability to align interests with clients as their main competitive advantage and what helps them earn the "boutique premium" over bigger players. The survey ...

ASIC takes action on Australian Fiduciaries

KARREN VERGARA  |  MONDAY, 16 JUN 2025
... ultimately invested into a complex group of entities controlled by related parties is also a concern. Another failure is to conduct regular valuations of its schemes, as well as the loss of value in the underlying assets. In a June 12 investor update ...

ASIC reads the riot act to the super industry: Longo

ANDREW MCKEAN  |  FRIDAY, 13 JUN 2025
... we warmly welcome the government's proposed mandatory and enforceable service standards to drive improvement in trustee conduct." He said that's also why the next phase of ASIC's work on the superannuation sector is to focus on how trustees learn from ...

Aware Super tops up direct equities team

ELIZABETH FRY  |  THURSDAY, 12 JUN 2025
Aware Super's direct equities portfolio has received a boost with three new appointments - one promotion and two new hires. Keen to add another senior investment analyst to the team, Sachin Nair has been elevated to that position. Covering tech ...

$15m crypto scam costs former adviser 10 years

JAMIE WILLIAMSON  |  THURSDAY, 12 JUN 2025
... Wealth Pty Ltd. Her authorisation was revoked in February 2024. Rogan was banned for engaging in misleading or deceptive conduct. ASIC said it had reason to believe that Rogan "is not a fit and proper person, is not competent to participate in the Australian ...

ASIC puts 18 finfluencers on notice amid global campaign

JAMIE WILLIAMSON  |  THURSDAY, 12 JUN 2025
... were even arrested for their actions, while others were ordered to take their websites down. In London, the Financial Conduct Authority arrested three individuals and launched criminal proceedings against them. It interviewed a further four finfluencers ...

Telegram pump and dump schemers plead guilty

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JUN 2025
... chair Joe Longo said the guilty pleas reflected the strength of ASIC's case and its commitment to acting against unlawful conduct that undermines market integrity. "ASIC takes breaches of the market manipulation rules very seriously and as demonstrated ...

Super funds to take stock of information security controls

JAMIE WILLIAMSON  |  TUESDAY, 10 JUN 2025
... provide a clear explanation as to why the issue is not material and how it is appropriately managed. They must then also conduct a breach assessment to determine whether it also constitutes a breach of CPS 234. Finally, all funds must advise APRA of ...

ASIC grants no-action on deficient advice fees consent

JAMIE WILLIAMSON  |  FRIDAY, 6 JUN 2025
... requirements," ASIC said. "This no-action position does not prevent third parties from taking legal action in relation to the conduct." The regulator also clarified that a no-action is not a legal opinion, but an expression of regulatory intent that ...