Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 491 - 500 of 1909 results for "Disclosure"

Westpac to face court over insider trading

JAMIE WILLIAMSON  |  WEDNESDAY, 5 MAY 2021
... fundamental tenet of market integrity." It is also alleged Westpac failed to provide the consortium full and informed disclosure about its intention to pre-position its trading book prior to and with notice of the transaction. This amounts to unconscionable ...

APRA releases draft climate change guidance

RACHEL ALEMBAKIS  |  FRIDAY, 23 APR 2021
... guidance covers APRA's view of sound practice in areas such as governance, risk management, scenario analysis and disclosure, but APRA states that it does not create new requirements or obligations. "Since the Australian government became a party ...

Regulator frets over SPAC boom

ELIZABETH MCARTHUR  |  FRIDAY, 16 APR 2021
The US financial markets regulator has confirmed it has concerns around the rapid growth of Special Purpose Acquisition Companies (SPACs). US Securities and Exchange Commission acting director for the division of corporate finance John Coates said there ...

Climate change worse than pandemic: UK regulator

JAMIE WILLIAMSON  |  THURSDAY, 8 APR 2021
The chief executive of the UK's Pensions Regulator believes climate change will be more catastrophic to populations' way of life than the COVID-19 pandemic if no action is taken. The comments came as The Pensions Regulator chief executive Charles ...

Sunsuper, QSuper members ask for better climate disclosures

KANIKA SOOD  |  TUESDAY, 6 APR 2021
About 200 members from Sunsuper and QSuper have written to the funds, asking them to disclose holdings in thermal coal, among other climate change risks. The two funds are set to merge this year, creating a $200 billon fund with over 600,000 members. ...

Clime revamps strategy

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 MAR 2021
... UGL. Clime won an $18 million settlement in the proceedings against UGL, which claimed that it breached its continuous disclosure obligations by failing to disclose to the market that its $900 million Ichtys Project for the construction of a combined ...

ASIC releases fee consent instrument

ELIZABETH MCARTHUR  |  THURSDAY, 25 MAR 2021
... regulator said. "ASIC does not have powers to provide exemptions from the new advice fee consents and independence disclosure requirements or to modify how the requirements apply. ASIC can only specify requirements for the advice fee consents and the ...

NZ overhauls regulation of advice

JAMIE WILLIAMSON  |  FRIDAY, 19 MAR 2021
... retail clients must comply with a new regulatory regime, including new licensing requirements, a Code of Conduct and new disclosure obligations. New Zealand has traditionally had three financial adviser types: Registered Financial Adviser (RFA), Authorised ...

CSC pivots towards divestment

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 MAR 2021
... CSC's investments were made up of what they define as "out of line, out of time" companies. According to CSC's latest disclosure on domestic investments, it had a holding of about $1 million in Whitehaven Coal, BHP is its largest domestic equities investment ...

Buffett doesn't want to report on diversity, climate

KANIKA SOOD  |  TUESDAY, 16 MAR 2021
Berkshire Hathaway is urging shareholders to vote against two separate proposals urging the firm to disclose its climate-related risks and diversity metrics. Berkshire Hathaway Inc's annual meeting is scheduled for May 1. Proxy voting directions filed ...