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Showing 511 - 520 of 1908 results for "Associated"

LIBOR phased out by year end

ELIZABETH MCARTHUR  |  FRIDAY, 4 JUN 2021
... integrity of the financial system. Firms themselves may also face financial, conduct, litigation, and operational risks associated with inadequate preparation," ASIC, APRA and the RBA said in a joint statement. ASIC commissioner Cathie Armour added ...

ATO cracks down on crypto

ANNABELLE DICKSON  |  MONDAY, 31 MAY 2021
... CGT also applies to the disposal of non-fungible tokens. The ATO recommends investors keep records of transactions associated with acquiring, holding and disposing of cryptocurrency. The ATO matches data from cryptocurrency service providers to individuals' ...

Budget no cure for hangover from last one

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... proceed with this requirement. These include constraints around the timeframes to produce required materials, and the associated costs incurred in producing and distributing the materials," AIST said in its submission on the Your Future, Your Super legislation. ...

APRA extends IDII overhaul deadline

KARREN VERGARA  |  THURSDAY, 13 MAY 2021
... five years. APRA said its product measures are intended to operate as boundaries aimed at addressing fundamental risks associated with IDII. "APRA will continue to engage and work with industry stakeholders and ASIC to support the implementation of the ...

Managed funds coped with COVID-19: ASIC

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
... economic situation improves through 2021, responsible entities should continue to carefully manage the liquidity risks associated with their funds," ASIC deputy chair Karen Chester said. "We will continue to monitor liquidity management by responsible ...

BNY Mellon partners with FRT

JAMIE WILLIAMSON  |  FRIDAY, 30 APR 2021
... class action solutions including non-US and antitrust litigation. "The growth in the number and settlement dollars associated with non-US and antitrust recovery opportunities is requiring investors to expand their shareholder litigation recovery program ...

Former Australian Unity adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 29 APR 2021
... implemented. ASIC surveillance found Chan advised clients to opt out of transitioning to a MySuper product, claiming the fees associated were higher than those being charged by their existing super fund. As a result, some members chose not to fully transfer ...

Westpac earnings take hit

ANNABELLE DICKSON  |  MONDAY, 26 APR 2021
... write-downs and accounting losses, ahead of its interim results. Westpac recorded $220 million in customer refunds, payments, associated costs and litigation provisions while the write-down of software and other intangibles has cost the bank $115 million. ...

Moelis Australia to rebrand

KANIKA SOOD  |  FRIDAY, 23 APR 2021
... asset management related activities to continue to grow. Much of this revenue is recurring in nature." Some businesses associated with Moelis Australia will retain their current trading names, including Redcape Hotel Group and RetPro. The name change ...

Institutional mandates shrink

KANIKA SOOD  |  FRIDAY, 23 APR 2021
... accounted for 47% of mandate appointments in the 12-month period, according to the report. Asset consultant Frontier was associated with the most mandates during the year. Superannuation funds Australian Catholic Super (34, up from 23 in 2019), Aware ...