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Showing 461 - 470 of 834 results for "Regulations"

$US5b irregularities at China fund, banks

AFP  |  FRIDAY, 20 JUN 2014
... government-controlled firms. China Investment Corporation (CIC), Bank of China and Agricultural Development Bank of China violated regulations in areas including asset selling, loan issuance and fraudulent invoicing, according to the National Audit Office ...

FoFA changes designed to protect big players: opposition

LAURA MILLAN  |  TUESDAY, 17 JUN 2014
... that the bill not proceed and said that the government "should abandon any attempts to rush in, again, a new set of regulations that in effect gut the FOFA reforms." The government's "flawed approach will only be met by hostility in the parliament and ...

Advisers need soft skills first to engage new clients

LAURA MILLAN  |  WEDNESDAY, 30 APR 2014
... trustworthiness. "Selling has become a dirty word in financial services, but with so much focus in recent years on compliance and regulations, there is the danger that first appointments become a tick-a-box exercise," CoreData head of financial services ...

Australia signs FATCA agreement with US

MARK SMITH  |  TUESDAY, 29 APR 2014
... for global assets, up 15% in March alone, is placing increased pressure on local asset managers and owners to meet regulations in other regions. This development helps ease some of that pressure," head of BNP Paribas Securities Services Australia and ...

Wake-up call for watchdog after inquiry

LAURA MILLAN  |  TUESDAY, 22 APR 2014
... help ASIC in the future is a change in the external financial services environment." The Senator stressed that new regulations such as the Future of Financial Advice (FoFA) reforms indicate that "there is a will within the industry to make things change." ...

Portfolio disclosure's unintended consequences

ALEX DUNNIN  |  TUESDAY, 22 APR 2014
... alert published on the Minter Ellison Lawyers website that says there are currently no materiality exemptions in the regulations and that "this raises issues in relation to the disclosure of commercially sensitive information, including proprietary trading ...

APEC releases Asian Funds Passport discussion paper

JAMES FERNYHOUGH  |  THURSDAY, 17 APR 2014
... countries which have signed up for the Asia Region Funds Passport will have the opportunity to develop a common set of regulations. Once operational, the Passport will permit investment funds domiciled in one country to be sold directly to retail investors ...

SEC reopens target date funds disclosure review

ALEX DUNNIN  |  WEDNESDAY, 9 APR 2014
The US Securities Exchange Commission (SEC) has reopened its review into enhanced disclosure regulations for target date funds, a sector that they believe is very difficult for investors to compare. The review was launched following recommendations ...

Westpac to open branch in Shanghai

JAMES FERNYHOUGH  |  TUESDAY, 8 APR 2014
... program. The FTZ spans 28.78 square kilometres, and grants financial institutions exemptions from certain Chinese regulations, including caps on foreign exchange deposits and interest rates. Westpac Institutional Bank chief executive Rob Whitfield said ...

Government will go ahead with FoFA changes: Ciobo

JAMES FERNYHOUGH  |  THURSDAY, 3 APR 2014
... meantime, the acting assistant treasurer Senator Mathias Cormann is engaging with all relevant stakeholders on the regulations and legislative amendments," Ciobo said. Ciobo's words dispel any potential confusion over the status of these amendments ...