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Showing 301 - 310 of 3078 results for "Corporation"

Former BBY employee sentenced for 'dishonest conduct'

MATTHEW WAI  |  WEDNESDAY, 21 AUG 2024
Nine years on from its collapse, the former employee of stockbroking firm BBY has been sentenced to two years and six months after being convicted of aiding and abetting. ASIC alleged that Yat Nam (April) Yuen had facilitated the transfers of client ...

Recordkeeping breach costs RBC, BNY Mellon US$85m

KARREN VERGARA  |  FRIDAY, 16 AUG 2024
... Commission (SEC) for recordkeeping failures. RBC Capital Markets will pay US$45 million ($68m) while BNY Mellon Securities Corporation, together with Pershing, will fork out US$40 million ($60m) for "widespread and longstanding failures by the firms ...

State Street receives Shariah-compliant certificate

MATTHEW WAI  |  FRIDAY, 16 AUG 2024
State Street Corporation now offers Shariah-compliant global custody and fund administration services. The announcement follows the company attaining a Shariah-compliant certificate from Amanie Advisors, a Shariah advisory firm. The Islamic finance ...

ASIC intends to extend legislative instruments

MATTHEW WAI  |  FRIDAY, 9 AUG 2024
ASIC is set to extend three legislative instruments for five years, one of which relates to record keeping for financial advisers. The instruments are: Class Order [CO 14/923] Record-keeping obligations for Australian financial services licensees when ...

FEAL names Fund Executive of the Year

MATTHEW WAI  |  FRIDAY, 2 AUG 2024
... Lyons, chief capability officer at CareSuper, and Alana Scheiffers, general counsel at Commonwealth Superannuation Corporation, respectively.

QIC replaces real estate managing director

KARREN VERGARA  |  MONDAY, 29 JUL 2024
Queensland Investment Corporation (QIC) has appointed a former Dexus executive as its new real estate managing director. Deborah Coakley will begin her new role at QIC's $112 billion alternatives platform on October 15. She previously spent 11 years ...

WAM calls to save in-person AGMs

ELIZA BAVIN  |  FRIDAY, 26 JUL 2024
Assistant Treasurer Stephen Jones announced this month a review to consider making temporary changes to the Corporations Act to allow hybrid and virtual-only AGMs permanently, a move which Wilson Asset Management chief executive Geoff Wilson said is ...

DG Institute to pay near $20m for misleading courses

MATTHEW WAI  |  WEDNESDAY, 24 JUL 2024
The Federal Court has ordered Master Wealth Control, also known as DG Institute, to pay $5 million in fines for "making false and misleading representations" to customers in relation to its educational programs, Real Estate Rescue (PER) and Master Wealth ...

NZSF returns 17%, smashes benchmarks

KARREN VERGARA  |  TUESDAY, 23 JUL 2024
... developer, owner and operator Galileo. It now has a 20% stake in Galileo, together with Commonwealth Superannuation Corporation, Infratil, and Morrison & Co's Growth Infrastructure Fund. On a 10-year basis, NZSF returned 10.22% p.a. Comparatively ...

Cbus hires from VFMC for key ESG role

ROSE MARY PETRASS  |  TUESDAY, 23 JUL 2024
Talieh Williams has made the jump from Victorian Funds Management Corporation (VFMC) to join Cbus as head of ESG integration. In the new role, Williams will support the creation of long-term returns for members of the $98 billion industry fund for building ...