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Showing 341 - 350 of 3912 results for "August"

ASIC sues Cbus over insurance claim delays: 'We're sorry'

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
... it to ASIC within 30 days as required under the reportable situations regime. ASIC says when the issue was reported in August 2023 and September 2023, Cbus wrongly claimed the issue was not ongoing and made other misleading claims, including that it ...

Platinum seeks insto managers, new asset classes

KARREN VERGARA  |  TUESDAY, 12 NOV 2024
... partner with third parties that operate in asset classes that it currently does not invest in, a strategy flagged in late August. Elaborating on the plan today, Peters said the latter strategy is different to Pinnacle's business model and Magellan's ...

FCA changes bonds, derivatives transparency rules

KARREN VERGARA  |  WEDNESDAY, 6 NOV 2024
... investment funds and allow fund managers to combine payments for research with trade execution subject to certain guardrails. On August 1, the FCA rolled out new rules to give institutional investors more flexibility on how they purchase investment research. ...

Perpetual halves investment in embattled Star

ELIZA BAVIN  |  TUESDAY, 5 NOV 2024
... substantial holder of Star Entertainment. Star Entertainment has faced a flurry of issues over the past few years. Back in August the casino operator requested to take a break from trading on the ASX after the release of the Bell Report by the NSW Independent ...

Australian Retirement Trust works to resolve ongoing outages

JAMIE WILLIAMSON  |  MONDAY, 4 NOV 2024
... experienced an outage for close to a fortnight on the back of its private Google cloud being inadvertently deleted. In August, APRA chair John Lonsdale flagged the regulator is stepping up its oversight of operational and cyber-resilience, including ...

ANZ suspected of more mistakes amid bond saga

MATTHEW WAI  |  MONDAY, 4 NOV 2024
... provisions of the ASIC Act and the Corporations Act." Longo did however comment on an expanded investigation effort by ASIC in August this year, suspecting "contraventions relating to errors in ANZ's reporting of secondary bond market turnover data to ...

Non-bank lender sued for dodging Credit Code

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2024
... will continue to take action where we consider business practices are designed to avoid consumer credit protections." In August, a spokesperson for ASIC confirmed to the AFR that Oak Capital was on its radar and the regulator had been in contact with ...

Cbus implements senior redundancies

ANDREW MCKEAN  |  THURSDAY, 31 OCT 2024
... board has been caught by its limited independence and strong union ties, with three members being "forced off the board" in August amid corruption allegations in relation to the Construction, Forestry, and Maritime Employees Union. All that being said ...

Morningstar flags governance issues, leadership turnover at Cbus

ANDREW MCKEAN  |  TUESDAY, 29 OCT 2024
... has been caught by its limited independence and strong union affiliations, with three members resigning from the board in August following corruption allegations in relation to the CFMEU. "Cbus is not unique with its union representation; however, with ...

Queensland-based financial firm loses AFSL

MATTHEW WAI  |  FRIDAY, 25 OCT 2024
... Next Generation Advice (in liquidation) (Next Gen) after the Queensland Supreme Court ordered the company be wound up on August 23. ASIC specified that Next Gen must continue its membership of the Australian Financial Complaints Authority (AFCA) until ...