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Showing 301 - 310 of 4087 results for "Conduct"

Size of super industry on ASIC's radar

ELIZA BAVIN  |  FRIDAY, 15 NOV 2024
... stability, Constant said ASIC is watching the space carefully. "These are the sorts of questions we are asking. We are the conduct and disclosure regulator, so what part are we playing in answering those question? One element is in terms of... financial ...

ASX files defence against ASIC proceedings

ELIZA BAVIN  |  FRIDAY, 15 NOV 2024
The ASX has provided an update on its defence against the legal proceedings filed against it by ASIC over its handling of the CHESS replacement project. The ASX filed a Concise Statement in response to the proceedings brought by ASIC in the Federal ...

UK to follow Australia's lead in creating megafunds

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2024
... will need to meet rigorous standards to ensure they deliver for savers, such as needing to be authorised by the Financial Conduct Authority. Governance of the Local Government Pension Scheme will also be overhauled to deliver better value from investment ...

HNWIs demand alternatives, platforms lack access

KARREN VERGARA  |  WEDNESDAY, 13 NOV 2024
As high-net-worth (HNW) investors increasingly demand alternative assets, platforms are failing to facilitate access to these opportunities, according to Praemium. Nearly one third of HNW investors want to diversify into alternatives but their platforms ...

Advisers count on specialist advisers: Survey

KARREN VERGARA  |  WEDNESDAY, 6 NOV 2024
A new survey shows financial advisers are increasingly relying on other advisers who are specialists in the areas of tax, aged care, and estate planning. Viridian Advisory's latest Adviser Sentiment Poll found that 72% of advisers frequently have ...

FCA changes bonds, derivatives transparency rules

KARREN VERGARA  |  WEDNESDAY, 6 NOV 2024
The Financial Conduct Authority (FCA) has introduced new transparency rules for bonds and derivatives markets and wants to expand payment options for investment research used by institutional investors. The regulator said it is making changes to the ...

Federal Court appoints receivers to ALAMMC Developments

ANDREW MCKEAN  |  TUESDAY, 5 NOV 2024
The Federal Court has made orders appointing receivers of the property of ALAMMC Developments and a sundry of related corporate entities a few months on from freezing the assets of company director David McWilliams. The receivers, Helen Newman and Andrew ...

ACCC urges parliament to pass new merger laws

ELIZA BAVIN  |  MONDAY, 4 NOV 2024
... unfair trading practices. Cass-Gottlieb said those reforms are essential for protecting consumers and small businesses from conduct that currently falls outside the scope of the Australian Consumer Law. "In recent years, we have identified numerous examples ...

ANZ suspected of more mistakes amid bond saga

MATTHEW WAI  |  MONDAY, 4 NOV 2024
... this investigation the highest priority given the seriousness of the alleged misconduct and the potential for the alleged conduct to impact the interest payments of the Commonwealth on the bonds issued and therefore Australian taxpayers," he said. ASIC ...

JP Morgan subsidiaries fined $230m by regulator

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2024
... (US$8.2bn). Principal trades are generally banned to avoid undisclosed conflicts of interest, the SEC explained. In order to conduct the trades, the SEC found that a JPMIM portfolio manager directed an unaffiliated party to buy commercial paper or short-term ...