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Showing 351 - 360 of 2856 results for "Standards"

Calls for a simplified path to financial advice

ANDREW MCKEAN  |  WEDNESDAY, 15 MAY 2024
... Investment Advisors (SIAA) conference, Abood said the FAAA's goal is to broaden the pool of candidates without lowering standards. It's crucial that the qualification requirements maintain the importance of a university degree and the proposals support ...

Budget 2024: Change to foreign investment rules

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... for foreign investors by aligning Australia's tax law for foreign resident capital gains more closely with the OECD standards and international best practice," the Budget said. Conversely, investments in non-sensitive sectors will be streamlined and ...

Advisers urgently call on Treasury to recognise degrees

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
... comprise the Joint Associations Working Group (JAWG), the associations developed a proposal to change the current education standards for advisers that has been discussed with Treasury. "There's recognition by both government and the opposition that ...

J.P. Morgan hit with $775k penalty

ELIZA BAVIN  |  THURSDAY, 9 MAY 2024
... checkout." Court said market participants are the gatekeepers to Australia's markets, and they need to uphold the highest standards. "They have a central role in detecting, preventing and disrupting suspicious trading activity, particularly in periods ...

Almost one third fail adviser exam

KARREN VERGARA  |  TUESDAY, 30 APR 2024
... said. "This is the first exam to reflect the amendments in the Corporations (Relevant Providers-Education and Training Standards) Amendment (2024) Measures No. 1) Determination 2024." Assistant treasurer Stephen Jones said the new laws allow flexibility ...

Auditors lambast mandatory climate reporting requirements

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
... markets, and we need to be ready to meet that change at every step of its development. To do that, we must maintain high standards of governance and disclosure," Longo said. "We understand that there will obviously be a period of transition as industry ...

IMF flags concerns over 'risky' private credit market

ELIZA BAVIN  |  TUESDAY, 9 APR 2024
... transactions. This in turn has put pressure on private credit providers to deploy capital, leading to weaker underwriting standards and looser loan covenants-some signs of which have already been noted by supervisory authorities." Further, the IMF flagged ...

Threats outside the Australian financial system build: RBA

ANDREW MCKEAN  |  TUESDAY, 26 MAR 2024
... could manage an unexpectedly large deterioration in economic conditions as overall capital levels are high and lending standards have been prudent in recent years. Banks are also resilient to temporary funding market disruptions by holding ample reserves ...

UK advisers told to review retirement advice processes

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
... consumers make sound financial decisions in retirement. It outlined areas where it expects firms and advisers to raise standards. Review findings The FCA found not all advice firms are effectively considering sustainability of income withdrawal in retirement ...

ATO refers SMSF auditors to ASIC

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2024
... October 2023 and 31 December 2023, ASIC acted against nine SMSF auditors where it believed they did not meet the required standards, including concerns with compliance and assurance standards, independence, registration conditions, and not being a fit ...