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Showing 3381 - 3390 of 28255 results for "NOT"

Trading platform pays $830k over suspicious trades

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2023
... report with ASIC until 5 November 2021. "The MDP considered that these circumstances demonstrated that Interactive Brokers did not have sufficient staff with the necessary skills, knowledge, or experience to properly assess the alerts or those staff ...

ASIC takes legal action against crypto exchange

ANDREW MCKEAN  |  THURSDAY, 21 SEP 2023
ASIC has commenced civil penalty proceedings against Bit Trade, provider of crypto exchange Kraken, following alleged failures to adhere to design and distribution obligations for margin products offered to Australian customers. Since the introduction ...

APRA consults on hybrid bond resilience

CASSANDRA BALDINI  |  THURSDAY, 21 SEP 2023
... The regulator is seeking feedback on improving the effectiveness of hybrid capital bonds amid concerns design features would not be resilient enough to withstand a banking crisis. APRA released its discussion paper on Thursday, citing the challenges ...

ARK Invest acquires European ETF issuer

ANDREW MCKEAN  |  THURSDAY, 21 SEP 2023
... 11 ETFs. "ARK looks forward to offering its products to a larger audience, particularly European and UK investors who have not had access to our ETFs. Existing shareholders in ARK ETFs should not be impacted, except perhaps by the benefit of increased ...

OTPP, PGGM chief investment officers resign

JAMIE WILLIAMSON  |  WEDNESDAY, 20 SEP 2023
... For his part, Hindo said his time with the fund, particularly as chief investment officer, has been a privilege. "I could not have imagined when I joined Ontario Teachers' that it would have provided the level of camaraderie, compelling opportunities ...

Financial services marketing is broken: Study

JAMIE WILLIAMSON  |  WEDNESDAY, 20 SEP 2023
A new study shows that while most local financial services marketers believe compliance teams get in the way of them getting their job done, those same compliance specialists think marketers are just looking for someone else to blame when marketing ...

Treasury consults on PwC-linked reforms

CASSANDRA BALDINI  |  WEDNESDAY, 20 SEP 2023
... breach of confidence. The amendment will also enable the ATO and TPB to refer ethical misconduct by advisers, including but not limited to confidentiality breaches, to professional associations for disciplinary action. Whistleblower reforms will also ...

Younger Aussies want advice but don't know how to get it: CFS

CASSANDRA BALDINI  |  WEDNESDAY, 20 SEP 2023
... advice solution, including one in four who have used one before, the survey found. Additionally, only 20% of those surveyed are not open to financial advice and 28% said they didn't know enough about it to say if they were or not. The survey collected ...

Gender parity in funds management stalls

ANDREW MCKEAN  |  WEDNESDAY, 20 SEP 2023
New research reveals gender parity in global funds management has hit a standstill, with female representation barely moving the needle. Citywire's Alpha Female 2023 report showed an inconsequential increase in female fund managers, stagnating at 12.1% ...

Project to tackle dwindling number of risk advisers

CASSANDRA BALDINI  |  TUESDAY, 19 SEP 2023
... delivery of risk advice within its network, through the pilot project. "Elevating the quality and accessibility of risk advice is not just good practice but a social imperative," he said. "It strengthens advisers' business, enriches client relationships ...