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Showing 411 - 420 of 9555 results for "Release"

Federal Court rejects two CBA class actions

KARREN VERGARA  |  MONDAY, 13 MAY 2024
The Federal Court shut down two class actions against Commonwealth Bank of Australia (CBA) relating to anti-money laundering and counter-terrorism financing (AML/CTF). AUSTRAC alleged as early as 2017 that the bank contravened the Anti-Money Laundering ...

'Just do what you say you'll do': ASIC's message to trustees

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2024
... saying this to trustees, 'Meet those expectations of members, or we will hold you to account'." Following the release of the report, Super Consumers Australia director Xavier O'Halloran said: "It's appalling that some funds are not closely ...

Treasury shakes up foreign investing framework

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2024
... foreign investment applications that were unsuccessful in a competitive bid process. Additionally, the government will release draft regulations to exempt inter-funding transactions from foreign investment approval processes, to make it easier for institutional ...

Crescent Wealth to merge into Russell Investments

ANDREW MCKEAN  |  TUESDAY, 30 APR 2024
... property finance, a Hajj savings fund, an educational fund for schools, and a Janazah (funeral) fund are scheduled for release in the latter half of 2024. Crescent Wealth managing director Talal Yassine said that Salaam's superannuation offerings ...

New framework for investors to navigate AI released

ELIZA BAVIN  |  MONDAY, 29 APR 2024
Alphinity Investment Management (Alphinity) and CSIRO have released a responsible AI (RAI) framework and actionable toolkit to help investors navigate the accelerating AI opportunity. The Intersection of Responsible AI and ESG: A Framework for Investors ...

Fund managers nervously await 'golden visa' reforms

KARREN VERGARA  |  WEDNESDAY, 24 APR 2024
... Home Affairs made zero allocations to the BIIP for 2023-24 (see Figure 1). Wright anticipates that the government will release further details of the refreshed BIIP. It will include what's typically called "transitional arrangements" for applications ...

Dividends up but share buybacks fall: Janus Henderson

ELIZA BAVIN  |  WEDNESDAY, 24 APR 2024
... Kong and South Korea. Janus Henderson head of global equity income Ben Lofthouse said many companies use buybacks as a release valve to return excess capital to shareholders without setting expectations for dividends that might not be sustainable long ...

The Aussie wealthtech firms that are 'most innovative'

ANDREW MCKEAN  |  TUESDAY, 16 APR 2024
The annual list of the world's most innovative wealthtech companies was recently released, with several Australian firms making the cut. Iress, GBST, Practifi, Lumiant, and Ignition Advice were all on the list, which was selected by a panel of industry ...

ASIC consults on misconduct reporting rules

ANDREW MCKEAN  |  FRIDAY, 12 APR 2024
ASIC has released a consultation paper seeking feedback on updated regulatory guidelines for external administrators and controllers when reporting and lodging statutory reports about alleged misconduct. The proposed updates to Regulatory Guide 16 External ...

$53bn added to ETF market over 12 months

ELIZA BAVIN  |  THURSDAY, 11 APR 2024
Australian investors added $2.65 billion into ETFs that invest on international equity markets over the three months to 31 March 2024, according to data released by the Australian Securities Exchange (ASX) and Vanguard. The inflows into international ...