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Showing 471 - 480 of 1191 results for "Principle"

Industry fund signs stewardship code

HARRISON WORLEY  |  TUESDAY, 24 JUL 2018
A $20 billion industry superannuation fund is the latest asset owner to sign up to Australia's new stewardship code. VicSuper is the latest signatory to the Australian Asset Owners Stewardship Code, which is set to play a key role in influencing the ...

IMF Bentham eyes potential Facebook, Cambridge Analytica goldmine

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JUL 2018
IMF Bentham will potentially fund a class action against Facebook, having already invested in a complaint against the social media giant in response to the now-infamous Cambridge Analytica scandal. IMF Bentham is funding a new representative complaint ...

CBA should have done more: Federal Court

HARRISON WORLEY  |  WEDNESDAY, 11 JUL 2018
... the assessment in noting the terms of a court enforceable undertaking entered into by the bank and ASIC, after an in-principle agreement was reached between the two in May. The bank entered into the EU after Federal Court proceedings were launched by ...

CIPR framework timely but questions remain

KARREN VERGARA  |  THURSDAY, 28 JUN 2018
... asked. KPMG recommended that expectations regarding "proportional" guidance is clearly articulated, especially if this principle is embedded in the Superannuation Industry (Supervision) Act. Rice Warner added CIPRs should be a component of a default ...

Macquarie bolsters green investments

JAMIE WILLIAMSON  |  THURSDAY, 14 JUN 2018
Macquarie Group issued a new loan facility, including $880 million to be specifically directed into green projects. Totalling more than $3.5 billion, Macquarie said its new facility demonstrates its ongoing commitment to green energy and technology ...

AFA criticises draft FASEA standard

KARREN VERGARA  |  FRIDAY, 8 JUN 2018
... and regulations, the AFA highlighted instance where this is difficult to monitor. While it supports this standard in principle, the practical reality, it said, is the advice industry has evolved in recent years and some legislative changes are applied ...

Nikko AM creates lead diversity role

JAMIE WILLIAMSON  |  THURSDAY, 7 JUN 2018
Nikko Asset Management has doubled down on its commitment to championing meaningful diversity, with its global head of product and marketing taking on a newly created role. In addition to her existing role, Stefanie Drews has been appointed diversity ...

Australia should consider Islamic finance to bridge infrastructure gap

ALEX BURKE  |  MONDAY, 4 JUN 2018
If super funds continue to spurn local infrastructure investment in favour of offshore assets, Crescent Wealth managing director Talal Yassine believes the Islamic finance market should help make up Australia's shortfall. Yassine called on the Federal ...

Chief economist update: Should have sold in May and gone away

BENJAMIN ONG  |  TUESDAY, 29 MAY 2018
... uncertainty over US President Trump's protectionist policies. While Australia has reportedly been able to secure an in-principle agreement with the US that Australian will be exempt, negotiations with the European Union, Canada and Mexico are still ...

Global banking ethics standard coming to Australia

HARRISON WORLEY  |  SATURDAY, 26 MAY 2018
A financial services industry group is supporting the launch of a new global banking education standard. The Ethics Education and Training for Professional Bankers Standard is the first to be released by the Global Banking Education Standards Board ...