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Showing 491 - 500 of 2805 results for "Regulation"

BTC Markets gains ASFL

CHLOE WALKER  |  TUESDAY, 21 JUN 2022
... - we have a clean slate and full control over the AFSL. "It also readies our organisation for impending Australian regulation which we will welcome in due course." She added that BTC Markets' AFSL will sit alongside its ISO certification and work for ...

Australian firms spend 3.6bn on financial crimes

CASSANDRA BALDINI  |  THURSDAY, 16 JUN 2022
... staff since 2019. This is due to a rise in anti-money laundering workloads, evolving financial crime and increased regulation. Respondents also said that 80% of Australian compliance professionals in financial firms ranked money laundering as the highest ...

AustralianSuper changes admin fees

JAMIE WILLIAMSON  |  TUESDAY, 14 JUN 2022
AustralianSuper is aiming to reduce costs to members by $300 million this year, including lowering administration fees for some members. According to the fund, members with less than $50,000 in their accounts will pay about 60% less than they currently ...

AXA IM launches Investment Institute

CASSANDRA BALDINI  |  FRIDAY, 10 JUN 2022
AXA Investment Managers announced the launch of AXA IM investment institute and appointed chief investment officer Chris Iggo as chair. The new platform aims to give clients insights on macro events, views on asset classes and long-term future trends ...

Superhero, Swyftx in $1.5bn merger

CASSANDRA BALDINI  |  WEDNESDAY, 8 JUN 2022
... in shaping the future of the combined entity, especially with digital currency going through its own journey towards regulation," he said. Superhero and Swyftx will continue to operate their separate platforms while plans are made to offer both service ...

ACCC on financial services priorities

CASSANDRA BALDINI  |  WEDNESDAY, 1 JUN 2022
... stored cards in mobile smartphone wallets or other wearables used to make contactless payments "In response, payments regulation is undergoing a comprehensive redesign for the first time in 25 years, following the Farrell review and the Reserve Bank ...

APAC market to reach $811.5bn by 2030

ANDREW MCKEAN  |  WEDNESDAY, 1 JUN 2022
An Allied Market Research report has projected the Asia Pacific wealth management market to reach $811.5 billion by 2030. The Asia Pacific wealth management market size was $247.9 billion in 2020 and forecasts indicate a compound annual growth rate ...

Volatile crypto markets need better regulation: CHOICE

ANDREW MCKEAN  |  TUESDAY, 31 MAY 2022
CHOICE has made a submission to the federal government, providing a framework on how to better protect consumers from risks associated with cryptocurrency. According to the latest data from CHOICE's national consumer survey, one in five Australians ...

Managed account market reaches $175bn

CHLOE WALKER  |  FRIDAY, 27 MAY 2022
... taking over from MDAs because they are easier for financial advisers to offer to their clients, requiring less complex regulation," Dunnin said. "Financial advisers are under huge cost and regulatory pressure. Investment products that are complex to ...

EQT reveals most popular fund launches

ANDREW MCKEAN  |  THURSDAY, 26 MAY 2022
... for investment funds from retail investors during COVID; funds that they could understand and relate to. Increased regulation and investor protection is certainly driving this interest in retail products." The 100 analysis found retail funds flows over ...