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Showing 421 - 430 of 3474 results for "Compliance"

DNR Capital introduces new global equity fund manager

ANDREW MCKEAN  |  THURSDAY, 18 JUL 2024
... strong returns through various economic cycles. Notably, DNR Capital will provides full operational support, including compliance, marketing, distribution, and investment administration. The fund has returned 9.53% since its inception in December 2023. ...

Fidante divests Merlon stake

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2024
... to be the provider of back office, marketing, distribution, and administration services, as well as fund operation compliance functions. However, Merlon will now take on certain services such as corporate compliance support. "There is no change to how ...

Government lifts funding to preserve banking in the Pacific

ANDREW MCKEAN  |  WEDNESDAY, 10 JUL 2024
... identity infrastructure across Pacific Island countries, $1.7 million to the Asian Development Bank to improve regional compliance with anti-money laundering and counter-terrorism financing requirements, and $1.7 million for the Attorney-General's department ...

Inflation pummels adviser pay by 20%

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2024
... advisers. About one third (34%) of advisers said cost base increases and pressure to make a profit were challenges. Compliance burdens and constant legislative change continues to be the top challenge, according to 38% of advice practices.

Regulation, profitability top adviser worries: BT

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
... the law and cost to run a profitable business are the two major worries of financial advisers, a new BT survey shows. Compliance burdens and constant legislative change are keeping financial advisers awake at night as 38% cited regulation as their top ...

Global outfit acquires Vasco Trustees

JAMIE WILLIAMSON  |  MONDAY, 8 JUL 2024
... capabilities," TMF Group said. Vasco Trustees provides fund administration, trustee and responsible entity services, and compliance and licensing solutions. Vasco Trustees has clients in Australia, Asia and the US across equities, fixed income, real ...

Stake to operate under its own AFSL

ANDREW MCKEAN  |  MONDAY, 8 JUL 2024
... will instead be held on trust by Stakeshop AFSL in a new account with the same ADI. Stake's head of legal, risk, and compliance Iain Gentle said the decision to pursue its own AFSL was made due to the growing scale of the business and a preference to ...

AAT slashes adviser ban

KARREN VERGARA  |  MONDAY, 8 JUL 2024
... including information about the basis of his advice, leading to his ban. ASIC said these failures showed a disregard of compliance obligations and an absence of the competence required to provide one or more financial services. In some cases, Betalli's ...

Channel Capital, Arnott Capital set up strategic partnership

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
... investors continue to receive the highest level of service. "Their expertise in fund operations, risk management and compliance, along with strong relationship management, will bring added value to our clients and business," he said. "The partnership ...

ASIC calls out sloppy adviser data

KARREN VERGARA  |  MONDAY, 1 JUL 2024
... ensuring the contact details of their financial advisers are up to date. From August 1, ASIC said it will launch a compliance program to ensure that the information recorded on the FAR about approved qualifications is correct and will consider enforcement ...