Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 321 - 330 of 557 results for "Supervision"

Professional standards legislation reaches parliament

KERRIE SYDEE  |  MONDAY, 17 OCT 2016
... previously revealed, the reforms will include compulsory education requirements for existing and new financial advisers; supervision requirements for new advisers; an industry code of ethics; an exam to create an industry common benchmark and an ongoing ...

Rimmer departs in EQT management shake-up

ALEX BURKE  |  WEDNESDAY, 5 OCT 2016
... them all the best for the future." EQT's TWS business grew its funds under management, administration, advice and supervision by 3% in FY16 to $8.7 billion.

ASIC drops proceedings against two former directors

KERRIE SYDEE  |  THURSDAY, 22 SEP 2016
... in APES 110 and as a result had breached his professional obligations under s128F of the Superannuation Industry (Supervision) Act 1993. In a statement the AAT said it upheld ASIC's decision due to "the very serious and fundamental nature of the applicant's ...

EQT reshuffles following strong result

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2016
... (RE) service provider. Equity Trustees' high margin business achieved steady growth year on year, with funds under supervision now totaling approximately $60 billion after reporting an 18.7% boost over the previous year. "We're now providing RE service ...

ASIC accepts EU from Perth advice firm

ALEX BURKE  |  TUESDAY, 13 SEP 2016
... requested the group engage with an independent expert to assess these issues. Specifically, ASIC said Neo's monitoring and supervision resources were "inadequate," and that risks were not properly identified. The regulator also criticised the firm's ...

Deloitte partner moves to Trustee Partners

DARREN SNYDER  |  FRIDAY, 9 SEP 2016
... Victoria-based Linear Asset Management, the trustee arm of Linear Financial Holdings with approximately $1.4 billion under supervision. Co-founder of Linear Financial Holdings, Colin Peterson, says he is excited to be working closely with the new trustee ...

Ostrava wound up, directors banned

KERRIE SYDEE  |  FRIDAY, 2 SEP 2016
... by law but appears to have relied passively on Grimm in carrying on the financial service business without proper supervision or exercising any independent critical judgment." ASIC commissioner Greg Tanzer said: "This outcome sends a message that anyone ...

Capital not enough to prevent failures

KERRIE SYDEE  |  WEDNESDAY, 31 AUG 2016
... failures will be orderly, Byres suggested a number of precautions the public sector needs to put in place: Active supervision of the industry to identify the risk of failure early Power to intervene to address small problems before they become big ones ...

ASIC accepts EU from My Adviser

KERRIE SYDEE  |  WEDNESDAY, 24 AUG 2016
... instances. The investigation, which commenced in January 2016, looked at the conduct of My Adviser in relation to the supervision and monitoring of its representatives. In particular ASIC was interested in the conduct of Arion Financial and its predecessor ...

ASIC appoints markets disciplinary chair

ALEX BURKE  |  TUESDAY, 2 AUG 2016
... former deputy chair of the panel. He is also the deputy chief executive of Shaw and Partners, a member of ASIC's market supervision advisory panel and the ASX Appeal Tribunal. Gray replaces Lisa Gay, who has chaired the panel for six years. Gay also ...