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Showing 11 - 20 of 238 results for "Cooperation"

SEC fines private equity firms for recordkeeping failures

KARREN VERGARA  |  TUESDAY, 14 JAN 2025
... registrant's self-report, demonstrating yet again that there are tangible benefits to be gained from proactive cooperation." Last August, RBC Capital Markets was ordered to pay US$45 million for its recordkeeping failures. BNY Mellon Securities Corporation ...

Vanguard to pay $13m in greenwashing case brought by ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 25 SEP 2024
... penalty should be in the realm of $9 million to $11.25 million, allowing for a 25% discount in recognition of its cooperation. In determining the penalty, Justice O'Bryan considered the fact that the annual income earned by Vanguard on the fund was ...

Short-termism damaging Australian economy: CEDA

ELIZA BAVIN  |  TUESDAY, 27 AUG 2024
... well-placed to punch above our weight in the clean energy transition, but the potential benefits will require significant cooperation to be realised." Australia accounts for just over 1% of global emissions, but a shift to exporting zero-emissions goods ...

Industry funds defend CFMEU board ties

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
... situation could lead APRA to demand the removal of the director, but the trustee "might be powerless without shareholder cooperation." Amending the constitution to limit the CFMEU's appointment rights would require shareholder approval, which may ...

Lazard enters local ETF industry with infra offering

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JUN 2024
... contracts to this effect); have assets predominantly invested in member countries of the Organisation for Economic Cooperation and Development and meet a minimum market capitalisation hurdle at the time of purchase." As at the end of May, the fund was ...

AFCA and CSLR sign MoU

ELIZA BAVIN  |  THURSDAY, 9 MAY 2024
... effectively perform their respective functions as defined by legislation. It acknowledges the importance of consultation and cooperation in the discharge of their responsibilities and governs the administrative arrangements between them. The MoU was ...

Income inequality elevated, spikes: Oxfam

KARREN VERGARA  |  TUESDAY, 16 APR 2024
... was 0.318, which was close to the average of wealthy nations of 0.315, according to the Organisation for Economic Cooperation and Development (OECD), ranking the country with the 14th highest level of inequality. Further, Oxfam found that low-income ...

GSFM partners with Eastspring to deliver new EM offering

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
... markets globally." Looking beyond the strategy, McIntyre said he believes there could be other future opportunities for cooperation with Eastspring. "Scale creates an advantage when partnering with a fund manager like Eastspring. While we are starting ...

ASIC bans director who promised 150% returns

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... sheet, Creigh is also alleged to have provided false evidence during an ASIC investigation, told investors not to cooperation with ASIC's investigation and created a fictious head of client services to communicate with investors. ASIC said it was ...

Agricultural sector in for a mixed 2024: Outlook

JAMIE WILLIAMSON  |  WEDNESDAY, 13 DEC 2023
... and trade bans on beef, wine and seafood products will be lifted by China. Meanwhile, the Australia-India Economic Cooperation and Trade Agreement (AI-ECTA) has now been in effect for 12 months and the Australia-United Kingdom Free Trade Agreement (A-UKFTA) ...