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Showing 21 - 30 of 786 results for "Australian Financial Services"

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  TUESDAY, 8 AUG 2023
... spokesperson for ASIC confirmed to FS Sustainability that Bloomberg and MSCI do not hold any relevant Australian Financial Services Licences. But the market regulator issued a warning. "ASIC is actively considering the conduct and obligations of third-party ...

Industry grapples with looming cyber threats

CHLOE WALKER  |  THURSDAY, 27 JUL 2023
... increase in the sophistication and frequency of cyber-attacks. "In general terms, I do believe that Australian financial services organisations are focused on pre-paring for future cyber-attacks," Kallenbach says. This is driven, in part, by layers of ...

ASIC cancels FTX Australia's licence

CASSANDRA BALDINI  |  WEDNESDAY, 19 JUL 2023
ASIC has cancelled the Australian financial services licence of embattled crypto company FTX. The regulator explained that until 12 July 2024 the company may provide limited financial services that relate to the termination of existing derivatives with ...

Institutions must raise the bar on cybersecurity resilience: APRA

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
... and will further engage with the industry to lift the benchmark for cyber resilience across the Australian financial services industry." Entities are currently participating in the second and third tranches of APRA's assessment, and the fourth and final ...

ASIC permanently bans David Sutton

ANDREW MCKEAN  |  TUESDAY, 4 JUL 2023
... and disqualified him from managing corporations for five years. The regulator also cancelled the Australian financial services licence (AFSL) of McFaddens Securities, now known by its previous name APC Securities. ASIC's doubts surfaced following Sutton's ...

King's birthday honours for industry executives

CHLOE WALKER  |  TUESDAY, 13 JUN 2023
High-profile Australian financial services leaders have been recognised in the King's Birthday honours list, with several receiving an Order of Australia. This year, former Macquarie managing director and Financial Regulator Assessment Authority ...

Collapsed trading house hit with charges

CHLOE WALKER  |  MONDAY, 5 JUN 2023
... ASIC and an auditor of Berndale about overseas bank accounts containing Berndale funds. Berndale's Australian financial services licence required it to maintain a minimum level of net tangible assets and lodge audited financial reports. ASIC alleged ...

ASX CHESS lead to become chief information officer

CHLOE WALKER  |  WEDNESDAY, 24 MAY 2023
... executive who brings to ASX more than 25 years' experience in business and technology roles across Australian financial services," Lofthouse said. "Tim's deep expertise in technology and project execution in the financial services industry will be invaluable ...

AFCA outlines systemic issues in wealth management

ANDREW MCKEAN  |  TUESDAY, 23 MAY 2023
... AFCA Systemic Issues Insights report identified multiple instances of systemic breaches across the Australian financial services landscape, affecting consumers who haven't lodged a formal complaint. In the superannuation sector, one identified issue ...

Farewell Michael Harrison

JAMIE WILLIAMSON  |  MONDAY, 22 MAY 2023
A veteran of the Australian financial services sector, Michael Harrison is being remembered as a teacher, mentor, and unrelenting advocate for risk advisers after he passed away on Sunday morning, aged 78. Harrison enjoyed a varied and colourful career. ...