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Showing 511 - 520 of 6425 results for "Regulatory"

Superannuation is Australia's 'productivity engine': ASFA

MATTHEW WAI  |  MONDAY, 14 JUL 2025
... dare to go beyond the 'bosses versus workers' narrative." Some key areas to increase productivity include reducing regulatory volatility for long-term investment vehicles, reforming performance benchmarks for future-focused sectors; and removing stamp ...

Funeral insurer fined $4.75m

MATTHEW WAI  |  FRIDAY, 11 JUL 2025
ACBF Funeral Plans has been ordered by the Federal Court to pay an additional $3.5 million penalty for misrepresenting that it was Aboriginal owned or managed when it was not. ACBF, a wholly owned subsidiary of Youpla Group (then ACBF Group), offered ...

James Mawhinney contravened law: Federal Court

KARREN VERGARA  |  FRIDAY, 11 JUL 2025
In a win for ASIC, Mayfair 101 Group director James Mawhinney has been associated with or involved in contraventions of the law by his companies, the Federal Court determined. The contraventions concern the marketing of three products - the M+ Fixed ...

Northern Trust selected to test tokenised asset uses

ELIZA BAVIN  |  THURSDAY, 10 JUL 2025
... existing exchange settlement accounts at the RBA. ASIC said it has cleared way for industry participation by providing regulatory relief to participants to support and streamline the pilot. ASIC's relief will support the responsible testing of tokenised ...

Australia an 'efficient' market for multinationals

MATTHEW WAI  |  WEDNESDAY, 9 JUL 2025
... accessibility. Other key characteristics include advanced online filing platforms, standardised processing procedures, clear regulatory guidelines and competitive professional services market. "This balanced positioning stems from its well-structured ...

Licensee compliance head banned over fees for no service

MATTHEW WAI  |  WEDNESDAY, 9 JUL 2025
... administration. The reportable situations regime requires licensees to notify ASIC of reportable situations. ASIC published its Regulatory Guide 78 Breach reporting by AFSL and credit licensees (RG 78) in December 2023.

SIAA chief executive steps down

ELIZA BAVIN  |  WEDNESDAY, 9 JUL 2025
... had provided outstanding leadership and has ensured that SIAA has played a pivotal role in addressing the policy and regulatory changes that have occurred during her tenure. "Judith has been a passionate advocate for the stockbroking and wealth management ...

AustralianSuper readies tech stack for Payday Super

JAMIE WILLIAMSON  |  TUESDAY, 8 JUL 2025
... members. This partnership also supports the industry's transition to Payday Super, helping our clients to stay ahead of regulatory change and meet the future needs of the superannuation sector." Equally, Wrkr chief executive Trent Lund said: "We are ...

Microsoft flips AI switch on for MUFG

MATTHEW WAI  |  TUESDAY, 8 JUL 2025
... efficiency in operation. All AI and cloud initiatives are built to ensure compliance with data governance, privacy and regulatory requirements across jurisdictions, MPMS affirmed. It also adds to MPMS's recent investments in cloud modernisation for better ...

Adviser receives permanent ban over 'dishonest' conduct

MATTHEW WAI  |  TUESDAY, 8 JUL 2025
ASIC has permanently banned financial adviser Barry David King of Melbourne following several years of misusing client funds and falsifying documents. King was found to have engaged in serious misconduct, including concealing information from clients ...