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| | | ... findings. BUSSQ also objected to the requirement for an independent review, arguing APRA, not an external consultant, should conduct a review if it felt the need to dredge up these issues, rather than rely on a single person's view. Following this ... |
| | | | The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) will no longer introduce new diversity and inclusion rules for financial services organisations, claiming they wish to "avoid additional burdens on firms at this time." ... |
| | | | More high-net-worth (HNW) clients are investing in non-custody assets as 75% of financial advisers report a growing demand in unique opportunities such private equity and other alternatives, a new survey from Praemium finds. Such assets comprise an ... |
| | | | ... strengthens our regional presence and unlocks exciting investment opportunities for our current and future investors. We will conduct due diligence and hope to conclude the deal as early as practical," he said. The transaction is due to finalise around ... |
| | | | Entireti has unveiled the go-forward name of its NewCo subsidiary, home to all the financial advice brands previously owned by AMP. The business will now be known as Akumin, "inspired by the professional judgement, discernment and acumen of the experienced ... |
| | | | Treasury has released its response following the Parliamentary Joint Committee on Corporations and Financial Services report, Competition in clearing and settlement and the ASX CHESS Replacement Project: The CHESS Replacement Project is too important ... |
| | | | ... its gross premium target to $440 million, which was previously $400 million. Additionally, ClearView's board intends to conduct a share buyback for up to 10% of share capital over the next 12 months (in lieu of dividends), given the significant discount ... |
| | | | Global active equity managers faced their toughest year in over two decades in 2024, according to Frontier Advisors. Frontier Advisors said heightened market concentration and US equity dominance created formidable headwinds, with most managers struggling ... |
| | | | ... in the restructure and diminish the voting power of the other creditors. Lastly, ASIC said Aardoom engaged in dishonest conduct by reducing the purported loan in the restructuring plan to ensure that the total liabilities of JB Markets remained under ... |
| | | | ... legislation, and are intended to implement existing regulatory expectations, set by the Council of Financial Regulators, for conduct in operating clearing and settlement services in Australia. ASX engaged constructively with ASIC during the consultation ... |
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