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

Search Results

Showing 521 - 530 of 6442 results for "regulatory"

ASIC sues Fortnum Private Wealth

KARREN VERGARA  |  TUESDAY, 22 JUL 2025
... licensee for about 9828 clients. It did not include records where FPW had delivered the advice." Brown went on to say that regulatory reporting of the incident and any client remediation was completed in a timely manner. "There was no client financial ...

1MDB mastermind found in Shanghai with Aussie passport: Reports

JAMIE WILLIAMSON  |  MONDAY, 21 JUL 2025
Jho Low, the man accused of defrauding Malaysia's sovereign wealth fund, is reportedly living in Shanghai under a Greek alias with a fake Australian passport. Investigative outlet Brazen is reporting that Low, who has been on the run for several years ...

McKell Institute calls for CGT 'circuit breaker'

ELIZA BAVIN  |  MONDAY, 21 JUL 2025
A new paper from the McKell Institute calls for a major shake-up of capital gains tax (CGT) via a 'circuit breaker' proposal to the stalled national housing debate. The paper suggests increasing or decreasing the CGT discount is too simple of ...

ASIC fines advice groups over unregistered advisers

JAMIE WILLIAMSON  |  THURSDAY, 17 JUL 2025
Two advice licensees have paid infringement notices after they were found to have authorised advisers and had them provide personal advice while unregistered. Skye Money and Smart Financial Capital have both paid fines of $31,300 to ASIC for authorising ...

Investors 'ignoring' volatility: Schroders

ELIZA BAVIN  |  THURSDAY, 17 JUL 2025
... environment where valuation discipline and a focus on fundamentals are increasingly difficult to maintain, especially amid regulatory and market pressures. "The Your Future, Your Super regime and the rise of passive investing have redefined 'risk' as ...

Former BBY chair charged with aiding dishonest conduct

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JUL 2025
The former executive chair of defunct stockbroker BBY Limited is now facing charges in relation to BBY's misappropriation of client funds. Glenn Rosewall was charged with two offences related to aiding, abetting, counselling or producing BBY's dishonest ...

Stop delaying Payday Super laws, says SMC

JAMIE WILLIAMSON  |  TUESDAY, 15 JUL 2025
With Australia's unpaid super bill growing by $110 million each week, a survey from Super Members Council (SMC) shows 70% of Aussies want to see the payday super laws implemented as scheduled. Payday super laws are slated to come into effect on 1 July ...

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 ...