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Showing 311 - 320 of 4254 results for "Action"

Societe Generale fined $3.88m

ELIZA BAVIN  |  TUESDAY, 2 SEP 2025
... two of its clients to place 33 suspicious orders from May 2023 to February 2024. This marks ASIC's fifth enforcement action in 15 months relating to alleged manipulation in electricity and wheat futures on the ASX 24 Market. "Manipulation of the ...

ASIC piles more charges on Merhi

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... of FSGA on June 7 and permanently banned its responsible manager Graham Holmes. ASIC deputy chair Sarah Court said this action is the latest part of ongoing enforcement activity to clamp down on misconduct we consider exploits superannuation savings. ...

AMP, Insignia, Bendigo products fail super performance test

KARREN VERGARA  |  FRIDAY, 29 AUG 2025
... assessing the delivery of member outcomes and improve these outcomes when targets are not met through credible and timely action to rectify poor performance," APRA said. Interestingly, APRA pointed out that a small number of platform TDPs passed the ...

Government scraps inquiry into advice firm failures, Dixon Advisory

JAMIE WILLIAMSON  |  FRIDAY, 29 AUG 2025
... the right thing," Macdonald said. "Hopefully, the findings so far will help to move from consultation and inquiry into action to stop or at least minimise these large failures."

CBA appoints head of Australian economics

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
Commonwealth Bank (CBA) has announced Belinda Allen will take on the role of head of Australian economics after Gareth Aird left the bank in July. Allen will be responsible for developing the bank's Australian economic forecasts, views on the Reserve ...

Equity Trustees sued over Shield Master Fund failures

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
... save for their retirement. We expect them to do so with care and skill and put the interests of their members first. "This action should send a clear message to superannuation trustees: proper due diligence is needed when offering investment options ...

Binance under microscope over loose controls

MATTHEW WAI  |  MONDAY, 25 AUG 2025
... National Risk Assessment 2024 highlighted the increasing vulnerability of digital currencies to criminal abuse and the action against Binance remains appropriate under the regulation. "AUSTRAC is committed to working with industry to ensure strong safeguards ...

Liquidity issues hurting Healthbridge Capital investors

KARREN VERGARA  |  FRIDAY, 22 AUG 2025
... investors. We will continue to act in your best interests through this difficult situation and will take all necessary action to maximise your returns," Cache said.

APRA sets higher cybersecurity expectations for trustees

KARREN VERGARA  |  FRIDAY, 22 AUG 2025
... on APRA's enforcement agenda over the next four years, but in the short term the regulator warned it will escalate action where necessary if they cannot prove to have basic measures in place. The prudential regulator is leaning into trustees' ...

Chalmers confirms super performance test changes are coming

ELIZA BAVIN  |  FRIDAY, 22 AUG 2025
... member returns and that impacts productivity. "We are delighted the government has heard our key message and is taking action." ASFA said, in the past seven years, compliance and risk management costs for APRA-regulated funds have almost doubled - from ...