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Showing 531 - 540 of 3481 results for "Compliance"

Nomura offshoot fined by ASIC disciplinary panel

JAMIE WILLIAMSON  |  THURSDAY, 7 DEC 2023
... "The MDP considered Instinet was negligent as it should have had procedures in place to prevent or detect possible non-compliance with the Rules applicable to crossing systems," the MDP said. Finally, Instinet was considered to have failed to update ...

ASIC curbs high-risk offers from online trading providers

ANDREW MCKEAN  |  WEDNESDAY, 6 DEC 2023
... business models, and product portfolios of various online trading providers to evaluate potential risks and verify their compliance with financial services legislation.

AMP adds to board

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
... chief delivery and information officer, overseeing member operations, technology, and the execution of strategic and compliance initiatives. Leibel has also held senior executive roles with PwC and Telstra. "I am delighted to welcome Kathleen and Anna ...

Morningstar cops greenwashing fine

KARREN VERGARA  |  FRIDAY, 1 DEC 2023
... were no adverse financial impacts to fund investors. We take our commitment to investor transparency and regulatory compliance seriously, and our systems and processes were enhanced and updated after we discovered the errors." Several organisations such ...

Treasury mulls reforming use of genetic test results by life insurers

JAMIE WILLIAMSON  |  MONDAY, 27 NOV 2023
... citing concerns the existing moratorium is ineffective, negatively impacting medical research efforts, and a lack of compliance from insurers. The government's consultation paper, Use of genetic testing results in life insurance underwriting, is aimed ...

Mercer fined $12m over advice failures

JAMIE WILLIAMSON  |  THURSDAY, 23 NOV 2023
... disclosure statements sent to customers were timely and accurate. "ASIC expects businesses to invest properly in their compliance systems. As today's outcome shows, if they fail to do so, they face significant penalties." Mercer has previously paid about ...

Perth Mint enters voluntary enforceable undertaking

CASSANDRA BALDINI  |  THURSDAY, 23 NOV 2023
Perth Mint has entered an enforceable undertaking (EU) with AUSTRAC to improve compliance with Australia's anti-money laundering and counter-terrorism financing (AML/CTF) laws. In August, the financial crimes regulator ordered the appointment of ...

Paraplanners unfazed by QAR, AI: Survey

KARREN VERGARA  |  WEDNESDAY, 22 NOV 2023
... however, showed that their responsibilities extend beyond SoAs and has evolved more into product research, modelling, compliance and project work, software configuration, and client reviews. "A common belief is that even if legislation doesn't mandate ...

SEC sues Kraken exchange again

CASSANDRA BALDINI  |  WEDNESDAY, 22 NOV 2023
... that Kraken made a business decision to reap hundreds of millions of dollars from investors rather than coming into compliance with the securities laws. That decision resulted in a business model rife with conflicts of interest that placed investors' ...

Colonial First State enhances FirstChoice with Elemnta

CHLOE WALKER  |  TUESDAY, 21 NOV 2023
... practices, we are giving precious time back to advisers to focus on their clients by increasing efficiencies, improving compliance and streamlining day-to-day processes," Power said. Elemnta chief executive Shaun Green said during the pilot stage, advisers ...