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Showing 3521 - 3530 of 28255 results for "NOT"

Treasury consults again on FFSP exemptions

JAMIE WILLIAMSON  |  TUESDAY, 8 AUG 2023
... maker exemption; and fit and proper person test exemption. Under the professional investor exemption, a foreign provider would not need to hold an Australian financial services licence if offering services to professional investors from outside of Australia ...

Sequoia hires chief operating officer

JAMIE WILLIAMSON  |  TUESDAY, 8 AUG 2023
The former chief distribution officer at Praemium is starting a new gig with Sequoia Financial Group, alongside two other new hires from ASIC and WT Financial Group. Martin Morris will commence as the wealth group's chief operating officer on August ...

Government cracks down following PwC scandal

CASSANDRA BALDINI  |  TUESDAY, 8 AUG 2023
... confidence. The ATO and Tax Practitioners Board (TPB) will have the freedom to refer ethical misconduct by advisers, including but not limited to confidentiality breaches, to professional associations for disciplinary action. Going forward, whistleblowers ...

Private credit to play critical role in the economy: MA Financial

CHLOE WALKER  |  TUESDAY, 8 AUG 2023
... within smaller and smaller over time, because the experience and capability of the credit teams in the major banks is actually not as great as the experience level of a lot of private credit funds." Houston said that while she can look at a transaction ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  TUESDAY, 8 AUG 2023
... activities in a range of industries, including those involving fossil fuels. "However, ASIC alleges that ESG research was not conducted over a significant proportion of issuers of bonds in the Index and therefore the fund," ASIC said. As of February ...

Treasury kicks off managed investment scheme reforms

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
... schemes are typically structured as unit trusts that either focus on a single asset class or are multi-asset schemes. They do not include listed investment companies, debentures or shares issued by a body corporate, certain partnerships or direct purchases ...

Mayfair 101 accuses ASIC of "suspicious" conduct over FOIs

JAMIE WILLIAMSON  |  FRIDAY, 4 AUG 2023
... Wealth's unitholders deserve to know what Vasco and ASIC agreed to do at that meeting and why they thought it was appropriate to not invite me, the person in charge of the group." Mawhinney has labelled ASIC's conduct as "suspicious", namely ...

Online investor numbers dip as cost-of-living bites

CHLOE WALKER  |  FRIDAY, 4 AUG 2023
... Guiamatsia said the primary cause of the decline is a remarkable surge in dormancy. Over 420,000 previously active investors did not participate during the reporting period, combined with lower inflows of new-to-market investors. Cost of living pressures ...

Banking sector fears propel family offices towards metals

CHLOE WALKER  |  FRIDAY, 4 AUG 2023
... responsible mining practices for a sustainable future. "As the global mining sector continues to evolve, stakeholders are driven not only by financial gains but also by the imperative to embrace environmentally conscious and socially responsible practices," ...

ASIC takes Dixon Advisory director to court

KARREN VERGARA  |  FRIDAY, 4 AUG 2023
ASIC is taking former Dixon Advisory & Superannuation Services (DASS) director Paul Ryan to the Federal Court in an alleged breach of duties that led to creditors suffering significant losses. The corporate regulator believes Ryan put the interests ...