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Showing 31 - 40 of 2503 results for "Standards"

ASIC bans former PwC partner over tax scandal

CASSANDRA BALDINI  |  MONDAY, 23 OCT 2023
... said. "Our vision is to become the leading professional services firm, built on the highest ethical and professional standards with integrity at our core, a firm that delivers purposeful and sustained outcomes in everything we do." Further Burrows said ...

Crypto exchanges to obey financial services rulebook

ANDREW MCKEAN  |  MONDAY, 16 OCT 2023
... Chalmers and assistant treasurer Stephen Jones highlighted that digital asset platforms will also adhere to "minimum standards" for holding tokens, custody software, and transacting tokens. "The Albanese government is acting methodically to ensure that ...

I can only apologise: PwC boss

CASSANDRA BALDINI  |  THURSDAY, 12 OCT 2023
... catch that and prevent it. We apologise to you, and we apologise to the people of Australia, that we fallen short of the standards." Senator Barbara Peacock further flagged that PwC has major regulatory gaps, which create regulatory havens for the firm ...

APRA moves to unmask super funds' spending secrets

ANDREW MCKEAN  |  WEDNESDAY, 11 OCT 2023
... asset allocation data by mid-2024. The data will be collected later this year following recent amendments to reporting standards under Phase one of APRA's Superannuation Data Transformation The consultation, which will include two roundtable discussions ...

ASIC cracks down on 11 SMSF auditors

ANDREW MCKEAN  |  WEDNESDAY, 11 OCT 2023
... quarter ending September 30. The corporate regulator's action was spurred by the auditors' failures in meeting assurance standards, independence requirements, and adhering to registration conditions. Notably, these SMSF auditors were flagged and referred ...

FAAA names inaugural awards finalists

CASSANDRA BALDINI  |  WEDNESDAY, 11 OCT 2023
... inaugural awards, spanning six categories. The awards aim to acknowledge members who consistently provide the highest standards of professional and trusted financial advice while also going the extra mile to support their local communities. Further ...

Advised Aussies more financially confident: Research

KARREN VERGARA  |  FRIDAY, 6 OCT 2023
... adviser compared to those who aren't advised. The survey of more than 1000 respondents canvassed by the Financial Planning Standards Board (FPSB) and research consultancy firm MYMAVINS found that advised clients tend to have more financial confidence ...

Licensees shun remediation obligations: ASIC

KARREN VERGARA  |  TUESDAY, 26 SEP 2023
... operating under a framework that lacks appropriate oversight and accountability. ASIC measured large licensees against standards in Regulatory Guide 277 Consumer Remediation and found several gaps that could lead to poor consumer outcomes. Many are narrowing ...

Bank of England holds rates at 5.25%

ANDREW MCKEAN  |  FRIDAY, 22 SEP 2023
... Committee also observed "further signs of a loosening in the labour market," although conditions remain tight by historical standards. The ratio of job vacancies to unemployment has been on a downward trend, reflecting a drop in available positions and ...

APRA moves to ensure improved member outcomes

ANDREW MCKEAN  |  FRIDAY, 22 SEP 2023
... covenant. The reforms will mandate trustees to justify business-related expenditures. They will also aim to elevate the standards for trustees in managing financial resources. Further, the draft of the updated SPS 515 will push trustees to adopt a prudent ...