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Showing 391 - 400 of 3472 results for "Compliance"

Macquarie cops US$80m from SEC

KARREN VERGARA  |  FRIDAY, 20 SEP 2024
... of US$70 million and prejudgment interest of US$9.8 million. MIMBT also agreed to undertakings, such as retaining a compliance consultant to conduct a review of its policies and procedures relating to, among other things, valuation of CMOs and associated ...

Payday Super penalties ramped up ahead of legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
... proposed framework today, the government outlined further details it plans to include in legislation to incentivise compliance and ensure employees are fairly compensated when super payments are delayed. From 1 July 2026, employers will be required to ...

Scams prevention framework consultation released

ELIZA BAVIN  |  MONDAY, 16 SEP 2024
... exploit. The framework drives action against scams through strong obligations. It includes tough penalties for non-compliance and dispute resolution pathways for consumers to seek redress. Under the framework the Minister for Financial Services can designate ...

Northern Trust expands fixed income trading capability

ANDREW MCKEAN  |  THURSDAY, 12 SEP 2024
... trading locations. "ITS helps asset owners and asset managers to meaningfully lower costs, reduce risk, manage regulatory compliance, and enhance transparency and operational efficiency," Northern Trust said. The addition of ITS expands Northern Trust's ...

ASIC issues warning over shoddy DDO practices

JAMIE WILLIAMSON  |  TUESDAY, 10 SEP 2024
... performance, while others are relying too much on consumers to self-certify they fit a target market, an ASIC review into compliance with design and distribution obligations (DDO) shows. The regulator is calling on product issuers to ensure their distribution ...

AMP hires GM risk, compliance

KARREN VERGARA  |  FRIDAY, 6 SEP 2024
AMP has appointed a new general manager of risk, compliance, and policy who recently finished up at ClearView. Cloe Reece joined the wealth manager this month after spending more than two years as ClearView's chief risk officer, where she led the ...

Consultation begins on new merger notification thresholds

ANDREW MCKEAN  |  MONDAY, 2 SEP 2024
... designed to ensure the ACCC is informed of mergers most likely to be anti-competitive, while minimising the overall compliance burden on businesses. The new rules will trigger mandatory notification requirements if mergers meet one of two monetary thresholds ...

FSU campaigns against workplace surveillance

JAMIE WILLIAMSON  |  FRIDAY, 30 AUG 2024
... frameworks," it said. Finally, the FSU said: "While we acknowledge the need for certain types of monitoring for regulatory compliance and safety, the current practices are far too invasive and lack the necessary oversight. We believe that effective regulation ...

IFM Investors recruits chief of staff

ELIZABETH FRY  |  FRIDAY, 30 AUG 2024
... retirement. During this time, she advised Jeremy Cooper, head of retirement income. Haqqani previously worked as a compliance manager for RBC Global Asset Management and a product and relationship specialist at EQT Funds Management. She spent five years ...

ASIC launches new AFSL portal

ELIZA BAVIN  |  THURSDAY, 29 AUG 2024
... sector," it said. "We are continuing to explore new services, sharing information and assets to increase regulatory compliance and reduce harm."