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Showing 291 - 300 of 6170 results for "Statement"

Sanlam Private Wealth breaches licensee obligations, hit with enforceable undertaking

MATTHEW WAI  |  MONDAY, 6 JAN 2025
... requested information as part of the review process, which is expected to take approximately three months," a Sanlam statement read. "We look forward to the outcomes of the independent review and will continue to work collaboratively with ASIC." Since ...

Traders left scrambling over ASX settlement outage

MATTHEW WAI  |  MONDAY, 23 DEC 2024
... the issue until Sunday afternoon and confirmed that it has "implemented a resolution to restore service." Through a statement, chief information officer Tim Whiteley apologised for the "significant disruption" it has caused. "We were speaking to customers ...

ASIC sues Binance over customer protection failures

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
... protections under Australian financial services laws. These include the requirement to be provided with a product disclosure statement and access to a compliant dispute resolution scheme. ASIC said Binance was also required to make a target market determination ...

Treasury flags $23bn in CGT benefits

ELIZA BAVIN  |  WEDNESDAY, 18 DEC 2024
Treasury has released its most recent Tax Expenditures and Insights Statement, which shows the government is bracing for a spike in Australians claiming investment tax breaks. The statement flagged those claiming capital gains tax (CGT) breaks in the ...

CapitaLand buys Wingate, expands local presence

MATTHEW WAI  |  MONDAY, 16 DEC 2024
... enhancing its access to more institutional and private high-net-worth investors and increase its exposure in Australia, the statement said. The pair has collaborated previously; CLI closed its Australia Credit Program - the group's maiden credit fund ...

ASIC sues HSBC Australia over $23m scam losses

MATTHEW WAI  |  MONDAY, 16 DEC 2024
... ASIC. "We are considering the matters raised and will continue to co-operate and work constructively with ASIC," the statement read. "Protecting our customers from scammers remains our top priority. We continue to make significant investments in our ...

QIC backs analytics platform with $2m investment

MATTHEW WAI  |  FRIDAY, 13 DEC 2024
... footprint in Queensland, supporting the company's team build out, product relaunch and global expansion strategy, the statement continued. Accoil co-founders Simon Herd, Peter Preston, and Kate Caldecott have each enjoyed a stint at Atlassian Ventures ...

NRL legend joins private wealth firm

ANDREW MCKEAN  |  THURSDAY, 12 DEC 2024
... Melbourne Storm and Sydney Roosters, won six premierships, and was inducted into the Hall of Fame earlier this year. In a statement, Viola Private Wealth said the collaboration underscores Cronk's commitment to helping individuals make better financial ...

RBA 'paves way' for February rate cut

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2024
... of the upside risks to inflation appear to have eased". In addition, IG market analyst Tony Sycamore noted that the statement was missing the sentence that the board "wasn't ruling anything out." Instead, this was replaced by the observation that "the ...

South Australian financial adviser slapped with seven-year ban

ANDREW MCKEAN  |  FRIDAY, 6 DEC 2024
South Australian financial adviser Bruce Davis has been banned for seven years by ASIC. Davis, who was the sole director and responsible manager of Wise Investment Advisers, has been barred from providing financial services, controlling an entity that ...