Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW
Search ResultsShowing 21 - 30 of 100+ results for "Regulatory"
Watchdog warns of celebrity-endorsed bitcoin scams
ALLY SELBY  |  THURSDAY, 30 JUL 2020
ASIC has uncovered several cryptocurrency scams using Australian celebrities, prominent news sites, and government agencies to reel in investors. Endorsements from celebrities and business figures such as Waleed Aly, Mike Baird, Celeste Barber, Andrew ...
Banks ordered to reduce dividend payout ratios
KANIKA SOOD  |  WEDNESDAY, 29 JUL 2020
... their capital resilience, including the material volume of loan repayment deferrals (which are subject at present to regulatory concessions), greater financial impact from COVID-19, and restrictions on dividends from their New Zealand operations. APRA ...
Hobart adviser cops ban
ALLY SELBY  |  WEDNESDAY, 29 JUL 2020
ASIC has banned a Hobart-based financial adviser from providing financial services for five years after he encouraged clients to inappropriately double gear their investments. Meritum Financial Group authorised representative David Horton has been banned ...
ASIC terminates illegal investment scheme
ALLY SELBY  |  WEDNESDAY, 29 JUL 2020
The Federal Court has taken action to dissolve an unregistered investment scheme operated by a former AMP authorised representative. MyWealth Manager was operated by Mustafa Mohammed, along with Mahek Mustafa, Mubashir Mohammed. The scheme related to ...
Debt vulture crackdown welcome
ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JUL 2020
... services that require a license. Now there are suggestions debt management and credit repair firms held to the kind of regulatory and ethical standards financial advisers are held to. The Consumer Action Law Centre wants these debt assistance providers ...
Investment strategies need to change: GSFM
ELIZA BAVIN  |  TUESDAY, 28 JUL 2020
... crafted." Miller said the world has hit an inflection point when it comes to policy with "tectonic shifts" in both the regulatory and macro fronts. "Investors too, are at a crossroads. Bond yields are at historic lows, and while listed equities are not ...
Hume calls out ERS fake news
ELIZABETH MCARTHUR  |  MONDAY, 27 JUL 2020
... be excluded from obtaining life insurance cover. McCormack said he was encouraged that it looked like the "door to regulatory reform is more open" that it had been previously. Mu agreed with Hume that he hopes to see more early intervention and the ability ...
Calls for broad default life insurance system
ELIZA BAVIN  |  MONDAY, 27 JUL 2020
... services and channels," the report said. "Unfortunately, at the moment, the opposite is the case. Recent policy and regulatory changes and others currently being consider threaten to make insurance harder for Australians to access." It said for many ...
New class action regulations slammed
ALLY SELBY  |  FRIDAY, 24 JUL 2020
... boards, Class Actions Australia said. Similarly, during the hearing, Professor Sulette Lombard argued that additional regulatory oversight would not generate the optimal outcome for the judicial system. "I do have concerns on the emphasis on securities ...
Netwealth launches Milliman managed accounts
ANNABELLE DICKSON  |  FRIDAY, 24 JUL 2020
... "Financial advisers were already facing a raft of challenges, as the industry undergoes significant adjustments and regulatory requirements such as the Best Interest Duty were resulting in a greater focus on the fees and benefits of investment solutions ...
Link to something ExAeMdqW