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Showing 3331 - 3340 of 4932 results for "MIS"

Federal Court finds S&P guilty in landmark ruling

MARK SMITH  |  FRIDAY, 6 JUN 2014
A landmark ruling by the Federal Court against ratings agency Standard & Poor's, ABN AMRO and Local Government Financial Services (LGFS) could have implications across the world. The Federal Court ruled in favour of 12 NSW local councils who lost millions ...

ASIC asks FSI for more flexible toolkit

MARK SMITH  |  WEDNESDAY, 4 JUN 2014
The Australian Securities and Investments Commission (ASIC) has called on the Financial System Inquiry (FSI) to grant it a more flexible regulatory toolkit and increase its scope to address market problems. Giving a speech at the Corporate Governance ...

Noble departs ASFA, joins Inflection Point Capital

JAMES FERNYHOUGH  |  TUESDAY, 3 JUN 2014
Gordon Noble has left his position as director of investments and economy at the Association of Superannuation Funds of Australia (ASFA) to join Inflection Point Capital Management (IPCM). Noble said he was leaving ASFA after three years "to pursue ...

Double boo boo on Wall Street

BENJAMIN ONG  |  TUESDAY, 3 JUN 2014
For those who still doubt that expectations matter in the financial market, last night's double boo boo on Wall Street should cast those doubts aside. The Institute of Supply Management (ISM) released its manufacturing index for May last night. Markets ...

Losing shine

BENJAMIN ONG  |  MONDAY, 2 JUN 2014
Who went away in May? The month when we're supposed to sell and go away is over but it appears that it's the sellers that went away instead. Yes, Virginia, May's closing stats show that most major equity markets from New York to Rio and old London town ...

ASIC reviews misleading promotion of hybrids

JAMES FERNYHOUGH  |  FRIDAY, 30 MAY 2014
Hybrid securities providers can expect a high level of scrutiny from the Australian Securities and Investments Commission (ASIC), according to the regulator's chairman Greg Medcraft. Speaking at the Stockbrokers Association of Australia's annual conference ...

CBA and ASIC "sketchy" info delays inquiry conclusion

LAURA MILLAN  |  WEDNESDAY, 28 MAY 2014
Last minute developments have forced the Senate Economics Committee to delay the tabling of its final report in the inquiry into the Australian Securities and Investments Commission (ASIC). The committee has issued an interim report signed by its chair ...

No clear case for independent trustee quota: Towers Watson

JAMES FERNYHOUGH  |  WEDNESDAY, 28 MAY 2014
The case for the compulsory appointment of independent trustees to the boards of superannuation funds has not yet been made, according a new paper by Towers Watson. The paper comes as the government considers mandating that independent directors comprise ...

ASIC warns of complacency over confidential information

MARK SMITH  |  TUESDAY, 27 MAY 2014
The Australian Securities and Investments Commission (ASIC) has found little evidence of selective disclosure of market sensitive information at analyst briefings but has warned companies not to become complacent. In 2013, ASIC looked at the handling ...

FSC apologises to AusSuper for misinformed tweet

JAMES FERNYHOUGH  |  MONDAY, 26 MAY 2014
The Financial Services Council (FSC) has issued an apology on Twitter after it wrongly stated that AustralianSuper collects $19 million a year for intra-fund advice. The tweet, which was issued on 22 May, stated: "$19 million collected by AustralianSuper ...