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Showing 291 - 300 of 2375 results for "Rule"

Local fund managers lag global peers: FSC

CHLOE WALKER  |  FRIDAY, 27 OCT 2023
According to the Financial Services Council (FSC), Australia's funds management industry continues to see significant growth but is falling behind when it comes to attracting more capital from overseas investors under the new Corporate Collective ...

ASIC updates breach reporting rules

KARREN VERGARA  |  FRIDAY, 20 OCT 2023
ASIC is making changes to its reportable situations regime, which includes extending the reporting deadline for some breaches. Licensees will now have 90 days to submit a reportable situation instead of 30 days in situations that have "underlying circumstances ...

Crypto exchanges to obey financial services rulebook

ANDREW MCKEAN  |  MONDAY, 16 OCT 2023
The government plans to mandate that crypto exchanges adhere to Australian financial services laws, requiring digital asset platform operators to obtain an AFSL. Treasury's Regulating digital asset platforms' consultation, released today, mandates that ...

Escala loses bid to restrain former executives

KARREN VERGARA  |  FRIDAY, 13 OCT 2023
... adequate remedy so far as he is concerned," Judge Waller said. A directions hearing is scheduled for next week. "The usual rule when a plaintiff fails on an application for interlocutory relief is that costs follow the event, but there may be circumstances ...

Spaceship Super dumps admin fee waiver

JAMIE WILLIAMSON  |  FRIDAY, 6 OCT 2023
Spaceship Super will no longer waive administration fees for members with less than $6000 in their account. From November 6, Spaceship Super members with a balance of $6000 or less will begin paying an administration fee of $1.50 week, or $78 a year. ...

Future Fund slapped with new disclosure rules

ANDREW MCKEAN  |  WEDNESDAY, 4 OCT 2023
The Future Fund Board of Guardians will be forced to periodically disclose the investment holdings of the $250 billion sovereign wealth fund. Under the new reporting regime introduced by minister for finance Katy Gallagher, additional information must ...

Iress completes $52m sale of MFA business to SS&C

ANDREW MCKEAN  |  TUESDAY, 3 OCT 2023
... and Canada. "Iress is committed to continuing at pace on its transformation agenda, with our objective to be operating at Rule of 40 returns over the medium term, continued capital releases from the Managed Portfolio, a fully reset cost base and significant ...

Inflation rises to 5.2%

CASSANDRA BALDINI  |  THURSDAY, 28 SEP 2023
... the next labour market print due on October 19. "However, today's inflation print highlights some risks, and we cannot rule out the chance that a rate hike is on the table next week," he said.

AMP challenges BOLR court ruling

KARREN VERGARA  |  WEDNESDAY, 27 SEP 2023
AMP is appealing the Federal Court's Buyer of Last Resort (BOLR) ruling that determined in favour of AMP Financial Planning advisers who saw the valuations of businesses slashed by 40%. AMP filed a Notice of Appeal in the Federal Court yesterday ...

BNP Paribas wins UniSuper mandate

CHLOE WALKER  |  TUESDAY, 26 SEP 2023
UniSuper has selected BNP Paribas to provide triparty collateral management services for its global trading activity. BNP Paribas' Securities Services will help UniSuper meet its initial margin rules obligations, which require financial institutions ...