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Showing 531 - 540 of 2215 results for "Systems"

Tribeca Financial acquires advice practice

KARREN VERGARA  |  TUESDAY, 30 NOV 2021
... on taking care of his clients and family. "The work required to both take care of my clients, keep up with legislation, systems, technology, markets, marketing, admin - all in what would be considered a healthy work-life balance I feel is not possible ...

ASIC files numerous cases against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 30 NOV 2021
... fallen short of customer expectations. "The issues raised in these matters should not have occurred, and our processes, systems and monitoring should have been better," he said. "We are putting things right and apologise unreservedly to our customers." ...

ASIC sues ANZ over home loan referrals

CHLOE WALKER  |  FRIDAY, 26 NOV 2021
... unlicensed individuals, who receive commission payments for the referrals, they need to make sure they have the right systems in place to properly process those referrals," said Court. From 2015 to June 2020, more than 50,000 loans were referred to ANZ ...

RBA names head of payments policy

ANNABELLE DICKSON  |  THURSDAY, 25 NOV 2021
... role, he was responsible for the supervision of systemically important clearing and settlement facilities and payment systems operating in Australia. At the RBA, Connolly was previously deputy secretary, deputy head of domestic markets department and ...

ASIC enforces licence conditions on ASX

ANNABELLE DICKSON  |  WEDNESDAY, 24 NOV 2021
... infrastructure and reduce operational risk." On November 16 at 10:24 am, ASX halted trading on ASX Trade after switching to new systems over the preceding weekend. The outage lasted for one day and was followed by problems with the ASX Centre Point ...

APRA questions trustees on financial resilience

CHLOE WALKER  |  MONDAY, 22 NOV 2021
... sufficient financial strength to operate their businesses effectively, including in cases of unexpected expenses such as systems upgrades, corporate restructures or paying fines. APRA is seeking feedback on the use of the operational risk financial requirement ...

MLC to face court over insurance failures

JAMIE WILLIAMSON  |  FRIDAY, 19 NOV 2021
... 2020. The action is against MLC Limited, the entity that owns MLC Life Insurance. The failures were the result of poor systems and controls, ASIC said, resulting in $17.5 million in financial harm to more than 260,000 customers. The financial harm came ...

ASIC launches remediation review

KARREN VERGARA  |  WEDNESDAY, 17 NOV 2021
... deputy chair Karen Chester said one of the most common stumbling blocks in the remediation process is underinvestment in systems. "This underinvestment has led to multiple failures. First and foremost, in delivering on promises to consumers, second in ...

AMP in enforceable undertaking

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
... of governance and risk management." "While we acknowledge the efforts AMP Super has made towards improving its internal systems, the issues addressed by the CEU show there is further work to do. By offering this CEU, AMP Super has committed to fix promptly ...

Fintech professor nabs unique award

ELIZABETH MCARTHUR  |  MONDAY, 8 NOV 2021
... downloaded legal scholar in the world is enormously satisfying." Buckley's current research focuses on how to build financial systems to promote sustainable development, and on legal reforms that would make cross-border payments much faster and far more ...