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Showing 471 - 480 of 6425 results for "Regulatory"

Superannuation fraudster sentenced to prison

ELIZA BAVIN  |  MONDAY, 11 AUG 2025
Former property developer Michael Steele was sentenced to eight years' imprisonment after using money invested for a commercial and residential property development on the Gold Coast for his own and the benefit of family members. Steele was sentenced ...

NGS Super aligns leadership team for growth

MATTHEW WAI  |  MONDAY, 11 AUG 2025
... chief executive Natalie Previtera noted Kotsilas' expertise underpins elements of risk transformation initiatives, regulatory change implementation, corporate restructures and operational resilience programs. "Fotine's appointment strengthens our leadership ...

Four men charged over sophisticated bond scam

MATTHEW WAI  |  FRIDAY, 8 AUG 2025
Four residents of Victoria have been charged with a slew of money laundering offences for allegedly using fake social media advertisement and investment comparison sites to help run a bond scam. ASIC alleges that between January and July 2021, Dimitrios ...

InterPrac hit with $22m in AFCA complaints

KARREN VERGARA  |  FRIDAY, 8 AUG 2025
... AFSLs, which includes InterPrac. Sequoia said the new committee has an "ongoing commitment to the highest standards of regulatory alignment, governance maturity, and risk management." "It introduces an elevated and independent governance layer above ...

Invesco acquires RetireAustralia for $845m

ELIZA BAVIN  |  FRIDAY, 8 AUG 2025
... need for high-quality seniors housing and care as we address evolving demographics." The transaction is subject to regulatory approval and is expected to complete in the final quarter of the 2025 calendar year. NZ Super co-chief investment officer Will ...

Geopolitics, private credit force insurers to 'shift gears': Janus Henderson

MATTHEW WAI  |  THURSDAY, 7 AUG 2025
... sentiment decreased from 58% last year to 36% in 2025. Subsequently, the importance of profit volatility (23% to 32%) and regulatory capital stability (14% to 24%) has risen, with life insurers particularly attentive to maintaining regulatory capital ...

ASIC says Cboe listing will 'foster competition'

ELIZA BAVIN  |  THURSDAY, 7 AUG 2025
ASIC has confirmed it is in the final stages of considering a listing market application from Cboe Australia, a subsidiary of Cboe Global Markets (Cboe). ASIC said the move would foster competition and innovation, creating more opportunities for companies ...

FCA fines Neil Woodford, WIM $94m

KARREN VERGARA  |  WEDNESDAY, 6 AUG 2025
Former 'YouTube fundie' Neil Woodford and his defunct company have been collectively fined more than £45 million ($94m) by the Financial Conduct Authority (FCA). The regulator fined Woodford £5.89 million ($12.1m) and banned him from being ...

PC recommends switch to digital financial reporting

ELIZA BAVIN  |  WEDNESDAY, 6 AUG 2025
... limiting a potentially enormous growth opportunity." The report also recommends the government establish simple, flexible regulatory pathways to give individuals and businesses greater access to data that relates to them. The pathways would "meet sectors ...

APRA slaps $5.5m capital penalty on KeyInvest

MATTHEW WAI  |  TUESDAY, 5 AUG 2025
APRA has placed an additional $5.5 million capital requirement and additional licence conditions on KeyInvest over risk framework flaws and questionable long-term objectives. KeyInvest is a life insurance company and friendly society that primarily ...