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| | | Barings is mooting the launch of several new Asia Pacific investment strategies in 2024, aimed at "meeting the evolving needs of Australian wealth and institutional clients". The US$347 billion global investment manager anticipates that the introduction ... |
| | | | ... navigate the intricate landscape of financial advice regulations. Actuary Michael Rice said to get the ball rolling, regulation must match the risks from the consumer's perspective. "For example, with requirements varying depending on whether personal ... |
| | | | ... reporting as their first Principal Adverse Impacts (PAI) disclosure report under the Sustainable Finance Disclosure Regulation (SFDR). Under SFDR, financial market participants such as asset managers need to disclose PAIs that their investment decisions ... |
| | | | ... legislation as "fatally flawed" and decried that it will add and red tape to a superannuation system overburdened with regulation. He contends that current mechanisms, including existing caps and measures, are sufficient deterrents to curbing the expansion ... |
| | | | ... participants. Looking ahead, the top five factors of importance in determining a country of residence to grow business were regulation (45%), sufficient market in the current sector or access to new markets (41%). The presence of a large, strong, and ... |
| | | | ... a suitable training ground for holistic advisers. "Whatever we do with super funds has to have tight governance and regulation around the scope of advice, how it's charged and the qualifications of those providing it," Jones said. "So, narrower scope ... |
| | | | ... collapse of regional banks, APRA says. APRA chair John Lonsdale boasted about confidence in Australia's prudential regulation in contrast to a series of regional bank failures such as Silicon Valley Bank and the collapse of Credit Suisse. "It was ... |
| | | | The Securities and Exchange Commission (SEC) has charged Kraken Crypto Exchange for operating its trading platform as an unregistered securities exchange, broker, dealer, and clearing agency. According to the SEC, Kraken has made hundreds of millions ... |
| | | | ... and technology flowed into the results. "Given the significant ongoing investment required in technology, risk and regulation, it is no surprise that cost management will be high on all banks' agendas," he said. Garland noted that strategic challenges ... |
| | | | ... that information given to the public by trustees must align with information provided to the Australian Prudential Regulation Authority (APRA). The ASIC Class Order [CO 14/541] was first launched in 2013 and aims to provide relief from this section of ... |
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