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Showing 21 - 30 of 179 results for "Disclosing"

Treasury consults on PwC-linked reforms

CASSANDRA BALDINI  |  WEDNESDAY, 20 SEP 2023
... Treasury. The government explained that the PwC matter highlighted how secrecy laws currently prevent the regulators from disclosing serious misconduct, even where it would be in the public interest to do so. Tax secrecy laws will further be "modernised" ...

Platinum AM reports almost $1bn in outflows

ANDREW MCKEAN  |  FRIDAY, 8 SEP 2023
... by Financial Standard, GQG is also in the throes of a bidding war to acquire Pacific Current Group (PAC). While not disclosing any specific offer details, GQG chief executive Tim Carver said: "We believe we can put forward both a compelling proposal ...

Mayfair 101 calls for senate inquiry into ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 2 AUG 2023
... calling for the Senate Economics Committee to investigate ASIC's handling of Mayfair, adding that it should include disclosing all communications between Hempton and Chester. "It seems a conspiratorial email has influenced ASIC's actions when ...

Class action commenced against IG Markets

JAMIE WILLIAMSON  |  THURSDAY, 11 MAY 2023
... of IG Markets failing to adequately assess investors' objectives and financial situations, while also inadequately disclosing the risks of CFDs until ASIC introduced new guidelines in March 2021. The claim further alleges that the company marketed and ...

Don't wait for QAR: Press

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... on the recent global banking issues and flagged super funds should remain vigilant ahead of reporting. "How are we disclosing convertible bonds in our portfolio holding? We'd be expecting that trustees are looking at that before the next reporting ...

SEC fines Mormon Church investment arm

KARREN VERGARA  |  WEDNESDAY, 22 FEB 2023
... name. Between 1997 and 2019, Ensign Peak failed to file Forms 13F. The SEC found that the church was concerned that by disclosing its portfolio, which by 2018 grew to about US$32 billion, "would lead to negative consequences", ultimately leading to the ...

Material business risk disclosure needs improvement: ASIC

KARREN VERGARA  |  MONDAY, 13 FEB 2023
ASX-listed companies continue to fall short of disclosing material business risks in their annual reports, according to the corporate regulator. ASIC commissioner Sean Hughes warned company directors to pull up their socks when it comes to improving ...

Investment teams hire two men for every woman: Study

JAMIE WILLIAMSON  |  WEDNESDAY, 2 NOV 2022
... spectrum of beneficiaries we seek to assist." Moving away from gender, the study also found the number of asset managers disclosing investment team ethnicity has dropped from 39% in 2021 to 32%. Black investment professionals comprise just 2% of teams ...

Super fund climate risk assessment results released

RACHEL ALEMBAKIS  |  FRIDAY, 5 AUG 2022
... existing risk management and governance frameworks. The guide outlines better practice for identifying, managing and disclosing financial risks of climate change in line with the TCFD. The guide outlines best practice across five pillars - identifying ...

FSC guidance looks to eliminate greenwashing

ANDREW MCKEAN  |  WEDNESDAY, 3 AUG 2022
... investment managers needing to clearly describe its general, financial, and specific carbon or environmental objectives. In disclosing a fund's objectives, the FSC said best practice is to outline any financial objectives linked to the consideration ...