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Showing 461 - 470 of 2379 results for "Rule"

ASIC to strengthen market integrity rules

KARREN VERGARA  |  FRIDAY, 11 MAR 2022
... test for market operators was also introduced. Within its Futures Markets Rules, ASIC has replaced the prohibited employment rule with the good fame and character test, extending this test for market operators. A suspicious activity reporting obligation ...

Can Russia use crypto to get around sanctions?

ELIZABETH MCARTHUR  |  FRIDAY, 11 MAR 2022
There are growing concerns Russia might use cryptocurrencies to circumvent sanctions and move money undetected, raising concerns around the ethics of crypto. According to insights from the University of New South Wales, Russia has one of the highest ...

80% of Aussies expect ethical investing

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 MAR 2022
Four in five Australians expect their money in super, banks and other investments to be invested responsibly, with 17% of Australians already investing in ethical and responsible products, according to the Responsible Investment Association Australasia ...

Super funds drop Russian assets

ELIZABETH MCARTHUR  |  FRIDAY, 4 MAR 2022
... this may prove challenging, given that some key markets remain closed or difficult to access." He added that the fund cannot rule out having some minimal exposures, despite its best endeavours. However, Russian shares accounted for less than 0.2% of ...

New initiative calculates how much Aussies need in retirement

ELIZABETH MCARTHUR  |  FRIDAY, 4 MAR 2022
... new research aims to address that issue. "Our goal is to develop trustworthy retirement targets that give people a solid 'rule of thumb' on what they'll need to save to maintain their standard of living in retirement. These targets are designed to get ...

Bell Financial Group in AUSTRAC probe

JAMIE WILLIAMSON  |  THURSDAY, 17 FEB 2022
Three of Bell Financial Group's subsidiaries are under scrutiny by AUSTRAC, with an audit ordered to assess compliance with financial crime laws. AUSTRAC has ordered that an external auditor be appointed to Bell Potter Securities, Bell Potter Capital ...

$450 super threshold scrapped

JAMIE WILLIAMSON  |  FRIDAY, 11 FEB 2022
... and illogical. Commenting on the move, Super Consumers Australia director Xavier O'Halloran said: "Scrapping this dinosaur rule is a step towards making super fairer." He added that the threshold "was a relic of a previous era before digital payrolls ...

Proxy advice reforms defeated

RACHEL ALEMBAKIS  |  FRIDAY, 11 FEB 2022
The Senate has overturned proxy advice reforms announced at the end of last year, three days after the new regime had begun. On a vote of 29 votes to 25, the Senate disallowed the new regulations that were announced by Treasurer Josh Frydenberg in December ...

Economics Committee to examine rainy day funds

CHLOE WALKER  |  TUESDAY, 8 FEB 2022
The House Economics Committee is going to examine the rainy day funds created by superannuation funds following recent amendments made to the Superannuation Industry (Supervision) Act 1993. The hearing, scheduled for February 10, is part of the committee's ...

LGIA upgrades anti-money laundering tech

ELIZABETH MCARTHUR  |  TUESDAY, 8 FEB 2022
Newly merged super fund, the $24 billion LGIAsuper, has selected a technology partner to provide anti-money laundering services. The fund chose Napier's Transaction Monitoring and Client Screening tools as part of an upgrade of its anti-money laundering ...