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Showing 431 - 440 of 588 results for "CIV"

ASIC financial services enforcements down 10%

ALEX BURKE  |  THURSDAY, 6 AUG 2015
ASIC's actions against the financial services industry have decreased by 10% in the first half of 2015, from 90 in the previous six months to 81. Referencing the compensation programs underway at Macquarie and CBA, ASIC noted in its half-yearly enforcement ...

Media Super, BUSSQ reappoint BNP as custodian

LAURA MILLAN  |  THURSDAY, 30 JUL 2015
Media Super and BUSSQ Building Super have retained BNP Paribas as custodian and investment administration provider. The decision follows a market review conducted with consultancy firm Rice Warner. "BNP Paribas Securities Services demonstrated consistency ...

Capital Group chairman passes away

MARK SMITH  |  THURSDAY, 23 JUL 2015
James Rothenberg, the chairman of active investment management giant Capital Group, has died at the age of 69. Rothenberg, who recently celebrated 45 years with the company, suffered a heart attack on 21 July. He served in a variety of leadership positions ...

ASIC looking to introduce civil laws to punish corporates

DARREN SNYDER  |  WEDNESDAY, 3 JUN 2015
Australian Securities and Investments Commission (ASIC) chairman Greg Medcraft has told a Senate Estimates hearing that the big six banks and regional counterparts have no excuse for poor corporate culture. During today's hearing Medcraft said ASIC ...

SSgA appointed to rebuild Findex investment strategy

LAURA MILLAN  |  MONDAY, 11 MAY 2015
State Street Global Advisors (SSGA) will conduct a review of Findex's investment strategy and research approach, following the group's acquisition of Crowe Horwath. SSGA will be in charge of streamlining Findex's business structure and operating model ...

Will nice numbers make RBA a bad guy?

BENJAMIN ONG  |  TUESDAY, 5 MAY 2015
With numbers like these, who needs a rate cut? Indications of an improving labour market and strong - very strong - housing approvals are the latest domestic economic stats the men and women of the Board of the Reserve Bank of Australia (RBA) would ...

Bank super incentives 'unlawful': ISA

MARK SMITH  |  MONDAY, 23 MAR 2015
Banks who offer their business clients discounts or incentives to switch their employee default super scheme could be breaking the law. That's according to Industry Super Australia (ISA), the body representing 15 industry super funds, which has sought ...

Market Wrap AM

AAP  |  MONDAY, 16 FEB 2015
The Australian market looks set to open higher following rises on international markets amid hope for Greece's bailout plan and a Ukraine ceasefire and strong economic data out of Germany. At 0807 AEDT on Monday, the March share price index futures ...

ASIC report highlights insufficient penalties

LAURA MILLAN  |  MONDAY, 2 FEB 2015
Monetary penalties for large organisations reached record levels in 2014, but are still insufficient, according to the Australian Securities and Investments Commission (ASIC) latest enforcement report. ASIC quotes the record $1.2 million civil penalty ...

ASIC stands up for adviser national exam

LAURA MILLAN  |  FRIDAY, 28 NOV 2014
Advisers in Australia should undertake a national examination to lift industry standards, Australian Securities and Investments Commission (ASIC) chairman Greg Medcraft has told a parliamentary committee "The industry needs to get its house in order ...