Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 271 - 280 of 1144 results for "Notice"

ABN AMRO Clearing pays $222k penalty

ANDREW MCKEAN  |  THURSDAY, 8 SEP 2022
ABN AMRO Clearing Sydney has paid a penalty of $222,000 to comply with an infringement notice given by the Markets Disciplinary Panel (MDP). The MDP found that in 2021, on three occasions, ABN AMRO registered block trades on the ASX24 Market in the ...

Super fund disclosure rules finalised

ANDREW MCKEAN  |  MONDAY, 5 SEP 2022
... Regulations relating to requirements for superannuation funds to disclose expenditures with the Annual Member's Meeting notice have been updated. Last month, the government published draft regulations for consultation. As previously reported by Financial ...

AMP loses management of ACRT

JAMIE WILLIAMSON  |  MONDAY, 5 SEP 2022
... will transition to an external entity following a decision by unitholders. On Friday, AMP notified the ASX it had received notice from the majority of unitholders in the ACRT of their intention to move management elsewhere. AMP said the decision to change ...

Insurers are 'fishing' for non-disclosures: ASIC

ANDREW MCKEAN  |  FRIDAY, 2 SEP 2022
... insurers still appear to be 'fishing' for non-disclosures to avoid paying out legitimate claims. We are putting insurers on notice that we will take action where we see consumer harm from poor claims handling practices." In its review, ASIC also identified ...

Four MySuper products fail for second time: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
... and its sustainability, developing a plan to close the product and move members to another, if it becomes necessary. In a notice to members already available online, Westpac said: "For Lifestage products like those offered by BT as a part of the Westpac ...

CSLR establishment is critical: FPA

CHLOE WALKER  |  FRIDAY, 12 AUG 2022
... has called out the urgent need for a broad-based Compensation Scheme of Last Resort (CSLR) following ASIC's recent notice for former Dixon Advisory clients to register any complaints with the Australian Financial Complaints Authority (AFCA). Just ...

ASIC announces sizeable prosecution list

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
... for failing to lodge two annual financial reports between 2019 and 2020 and $40,000 for failing to comply with an ASIC Notice, Weed Australia Ltd which entered a 12-month good behaviour bond with a recognisance of $1,000 for failing to lodge three annual ...

How super should be using technology: KPMG

ANDREW MCKEAN  |  TUESDAY, 2 AUG 2022
... Privacy Impact Assessments at the design states of technology solutions. Further, KPMG added: "Funds should provide adequate notice to and, where relevant, obtain consent from members noting that the use of a technology solution may require disclosure ...

Draft changes to super disclosure rules

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
The government has released for consultation, draft regulations outlining changes to disclosure requirements for superannuation annual members' meeting notices. Minister for financial services Stephen Jones' office said: "To support members ...

Local ETF industry flows positive, lower FUM: BetaShares

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
According to BetaShares, a combination of sharemarket declines and cautious investors characterised the first half of the year for the local ETF industry. In its half-yearly Australian ETF review, BetaShares noted the industry was far less buoyant in ...