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Showing 281 - 290 of 539 results for "Supervision"

Government names new ASIC chair

ALEX BURKE  |  TUESDAY, 17 OCT 2017
... of Harvard Law School's program on international financial systems. He was also executive director, intermediaries supervision and licensing division at the Hong Kong Securities and Futures Commission, and headed up Goldman Sachs' Asian hedge fund consultancy ...

UK regulator increases support for new starters

JAMIE WILLIAMSON  |  FRIDAY, 29 SEP 2017
... to assist new entrants to the industry. Speaking at an investment conference in Europe, FCA executive director of supervision - investment, wholesale and specialists Megan Butler said a lot of red tape protects incumbents from competition by deterring ...

IOOF subsidiary partners with venerable global non-profit

ALEX BURKE  |  THURSDAY, 28 SEP 2017
... projects or organisations that resonate with them," Berman said. AET currently has about $32 billion in funds under supervision and provides estate and trustee services for private clients, superannuation funds and corporate trusts.

IRESS enters regtech realm

JAMIE WILLIAMSON  |  MONDAY, 25 SEP 2017
... partner with as it aligns with a number of IRESS' core areas of focus. "Financial services is subject to increasing supervision and compliance obligations, including IRESS' key areas such as trading, financial advice, superannuation and lending. To meet ...

Super funds must address climate risk: Market Forces

EMMA RAPAPORT  |  THURSDAY, 3 AUG 2017
... interests of a beneficiary of a superannuation fund." Making reference to the provisions of the Superannuation Industry (Supervision) Act, they continued: "it is incumbent upon a trustee director, in an appropriate case, to consider the climate change ...

APRA sets new capital target for the big four

ALEX BURKE  |  WEDNESDAY, 19 JUL 2017
... position still needs to be complemented by sound governance and risk management within ADIs, and on-going proactive supervision by APRA," Byres said. APRA's finalised target follows the regulator expressing concerns regarding the banks' risky lending ...

Super trustees on notice over fund disclosure

DARREN SNYDER  |  WEDNESDAY, 5 JUL 2017
... failed to meet "Transparency Information" requirements in relation to section 29QB of the Superannuation Industry (Supervision) Act 1993 (SIS Act). Transparency information (TI) requires super trustees to disclose fund executive remuneration, governance ...

SMSF auditor busted self-auditing

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2017
... the conduct of SMSF auditors is inadequate," ASIC commissioner John Price said. Under the Superannuation Industry (Supervision) Act 1993, all auditors of SMSFs are required to be registered with ASIC to ensure that all SMSF auditors meet the base standards ...

Macquarie pays the price for poor advice

JAMIE WILLIAMSON  |  FRIDAY, 9 JUN 2017
... undertaking in January 2013 following surveillance which found recurring compliance deficiencies by and under the supervision of Macquarie Equities advisers dating back to 2008. As part of the program, more than 160,000 letters were sent to clients inviting ...

DomaCom chasing Federal Court exemption

JAMIE WILLIAMSON  |  MONDAY, 5 JUN 2017
... appealing for its sub-funds to not be considered in-house assets or related trusts under the SIS (Superannuation Industry Supervision) Act. If successful, SMSF investors with the ASX-listed fractional investment fund manager would be able to invest in ...