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Showing 451 - 460 of 1901 results for "Authority"

GAM loses insto mandate

JAMIE WILLIAMSON  |  THURSDAY, 31 MAR 2022
... head of GAM Fund Management Services Sean O'Driscoll said. In a separate matter, the UK's Financial Conduct Authority released details of the $16 million fine it handed GAM in December 2021 for failing to adequately manage conflicts of interest ...

Greater independence for TPB

ELIZABETH MCARTHUR  |  MONDAY, 28 MAR 2022
... November 2020 response to the review, this is being achieved efficiently, by avoiding the establishment of a new statutory authority and implementing changes that retain the flexibility and agility of current arrangements," Sukkar said. "Tax practitioners ...

ASIC releases latest adviser exam results

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
... time the exam had been administered by ASIC following the dissolution of the Financial Adviser Standards and Ethics Authority at the end of 2021. ASIC said close to 20,000 candidates have sat the exam to date, with 91% passing. That said, analysis of ...

Regulators fret over hobby traders

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 MAR 2022
... through capital markets is a positive development for the overall economic progress". It cites a UK Financial Conduct Authority paper which found that many consumers would benefit from investing a portion of savings rather than simply holding cash - ...

Government adds to FRAA leadership

JAMIE WILLIAMSON  |  TUESDAY, 15 MAR 2022
The chair of law firm Allens has been appointed to the Financial Regulator Assessment Authority by the Morrison government. Fiona Crosbie becomes a member of the FRAA from March 21, appointed for a period ending 14 September 2026. The FRAA is the independent ...

AFCA consults on funding

ELIZABETH MCARTHUR  |  THURSDAY, 10 MAR 2022
The Australian Financial Complaints Authority is consulting with financial firms on a new user-pays funding model. Under the proposed model AFCA estimates that 90% of its members would see a positive or neutral impact on total cost and one in five members ...

ASIC sets adviser exam dates

KARREN VERGARA  |  WEDNESDAY, 9 MAR 2022
... on record. The exam, which were the last to be administered by the now-defunct Financial Adviser Standards and Ethics Authority, saw 52% of the 2129 advisers successfully pass. ASIC took over FASEA's remit on January 1. The pass rate continues to ...

CSLR will not fully protect investors

KARREN VERGARA  |  WEDNESDAY, 16 FEB 2022
... continue to push for expanding the CSLR's jurisdiction to reflect the remit of the Australian Financial Complaints Authority. "Victims of financial misconduct who have received a determination from AFCA deserve access to compensation if their determination ...

Blackstone agrees $8.9bn deal with Crown

CHLOE WALKER  |  WEDNESDAY, 16 FEB 2022
... approval, the deal still requires approval from the Foreign Investment Review Board (FIRB) and each gaming regulatory authority.

ASIC considering more action on Sterling collapse

KARREN VERGARA  |  MONDAY, 14 FEB 2022
... 2001 and have not consented to participate in relevant remediation processes with the Australian Financial Complaints Authority. ASIC is also looking into the recommendation of establishing a framework that promotes greater awareness and understanding ...