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Showing 31 - 40 of 489 results for "Scrutiny"

BlackRock files for bitcoin ETF

ANDREW MCKEAN  |  FRIDAY, 16 JUN 2023
... including bitcoin. Recent events in the digital asset industry, including the bankruptcy of several entities and regulatory scrutiny, have triggered extreme price volatility and a decline in confidence in the digital asset markets.

ASIC chair calls out greenhushing

RACHEL ALEMBAKIS  |  TUESDAY, 6 JUN 2023
... themselves - to say nothing of the planet." Longo referenced a recent ASIC report that summarised ASIC's recent crackdown on scrutiny. In the report, ASIC identified four main categories of greenwashing - "Net zero statements and targets without a reasonable ...

ASX lays out five-year plan to restore trust

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
... announce the new solution design for the CHESS replacement. In response to ASIC, Lofthouse said that the "regulatory scrutiny of ASX is appropriate given the special position we hold in the economy and the fact that we operate critical market infrastructure." ...

APRA probes super fund payments to unions

ANDREW MCKEAN  |  THURSDAY, 1 JUN 2023
... relationships between superannuation funds and unions. APRA deputy chair Margaret Cole confirmed the regulator's ongoing scrutiny into certain transactions. While refraining from naming any entities involved, she highlighted a particular case whereby ...

AFCA outlines systemic issues in wealth management

ANDREW MCKEAN  |  TUESDAY, 23 MAY 2023
... cooperation with AFCA, led to the matter being referred to ASIC. CFDs and their issuers have faced significant regulatory scrutiny of late. Just last week, ASIC issued stop orders to Saxo Capital Markets which were then revoked after it made changes ...

Australia lags in global fund disclosure: Morningstar

ANDREW MCKEAN  |  THURSDAY, 18 MAY 2023
... this fact, given the lack of compulsory disclosure." Additionally, cash disclosure requirement is obscure, preventing scrutiny or informed analysis, the report continued. "The grouping of derivatives into types is meaningless. Take swaps: Is this swapping ...

Funding boosts ASIC greenwashing remit

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
ASIC will tighten its scrutiny of greenwashing as part of the Labor government's crackdown on protecting investors against investment scams and other misconduct from product issuers. Federal treasurer Jim Chalmers bolstered ASIC enforcement activity ...

Issuers must lift DDO game: ASIC

CASSANDRA BALDINI  |  THURSDAY, 4 MAY 2023
... meet their TMD review obligations, they needed to use review triggers more effectively and improve processes. "Closer scrutiny of DDO is coming," warned Chester. "All investment product issuers should read our report, titled Design and distribution obligations ...

YFYS sanctions don't help existing members: ISA

CHLOE WALKER  |  THURSDAY, 27 APR 2023
... still delivering high fees and poor investment performance," SCA director Xavier O'Halloran said. "We welcome greater scrutiny promised by the regulator, but these funds also have to take responsibility given they have a legal duty to act in the best ...

Equity Trustees, OnePath dominate choice heatmap failure

KARREN VERGARA  |  WEDNESDAY, 26 APR 2023
... result, APRA's supervision of poorly performing Choice products will intensify, and trustees can expect even greater scrutiny of their product offering. Trustees with products that are underperforming or have unjustifiably high fees - or both - will ...