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Search ResultsShowing 21 - 30 of 100+ results for "Regulatory"
ASIC to take targeted approach with PIP
ELIZA BAVIN  |  WEDNESDAY, 17 FEB 2021
... of harm and misconduct require us to do so," Hughes said. "I regard PIP as an extremely important addition to ASIC's regulatory toolkit. It allows us to intervene where we are satisfied that a product (or class of products) is likely to result in significant ...
BNY to launch crypto admin platform
KARREN VERGARA  |  FRIDAY, 12 FEB 2021
... digital Roman Regelman said the growing client demand for digital assets, maturity of advanced solutions, and improving regulatory clarity present a tremendous opportunity for BNY to extend its service offerings to this emerging field. "Pending further ...
Ponzi schemer succeeds at appeal
ELIZABETH MCARTHUR  |  FRIDAY, 12 FEB 2021
A die-hard Collingwood Magpies fan who, with his wife, scammed friends they met through the football club of over $1 million, has had success at appeal. Douglas Johnston, together with his wife Maureen Johnston, were found by ASIC to have run a dodgy ...
Magellan performance fees dip 70%
KANIKA SOOD  |  THURSDAY, 11 FEB 2021
... revenue compared to the previous corresponding period. On the retirement product, Magellan said, it is still awaiting regulatory approval. In an update on its newly-launched principal investments business, Magellan said Barrenjoey has now hired about ...
BlackRock appoints APAC lead
JAMIE WILLIAMSON  |  WEDNESDAY, 10 FEB 2021
... Mark Weidman said. "Rachel has piloted growth in assets and revenue in a complex EMEA region undergoing economic and regulatory shifts, while taking BlackRock deeper into local markets," he said. "I am excited to see Rachel's experience and expertise ...
ASIC imposes licence conditions on Poynter Hargraves
ELIZABETH MCARTHUR  |  WEDNESDAY, 10 FEB 2021
ASIC has hit AFSL Poynter Hargraves Financial Consultants with additional licence conditions, requiring it to remove its sole responsible manager. "This follows a targeted surveillance by ASIC that found Poynter Hargraves had poor risk controls around ...
Rest extends State Street relationship
KANIKA SOOD  |  WEDNESDAY, 10 FEB 2021
... signed up for Charles River IMS to help institutional clients monitor a broad range of investment mandates to meet regulatory requirements. In Australia, State Street had a 10.7% share of the $3.75 trillion in total assets under custody for Australian ...
Executive shuffle at Macquarie Group
ELIZA BAVIN  |  TUESDAY, 9 FEB 2021
... committees for MBL for seven years and serves as the chair of the Macquarie Group foundation. From July 2021, and subject to regulatory approvals, Stuart Green will fill the role as well as join the MBL board and executive committees. Green has worked ...
Dealer group bolsters leadership
ELIZABETH MCARTHUR  |  MONDAY, 8 FEB 2021
... our network of authorised representatives as they seek to grow and adapt their practices in the changing economic and regulatory environment," Lifespan chief executive Eugene Ardino said. Mayne added: "Lifespan is one of Australia's largest privately ...
Macquarie makes telecoms bid
ELIZA BAVIN  |  MONDAY, 8 FEB 2021
... The board also noted the any agreement would be subject to a number of conditions including shareholder, court and regulatory approvals. Despite this, it seems the board indicated the offer was tempting by providing MIRA due diligence access. "After ...
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