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

Search Results

Showing 541 - 550 of 2263 results for "Systems"

Six cases brought against Westpac now finalised

JAMIE WILLIAMSON  |  FRIDAY, 22 APR 2022
... demonstrate a profound failure by Westpac over many years and across many areas of its business to implement appropriate systems and processes to ensure its customers were treated fairly," ASIC deputy chair Sarah Court said. "Westpac, like all licensees ...

Principal Financial Group announces ESG index

CHLOE WALKER  |  FRIDAY, 22 APR 2022
... financial security." With the index, Principal will further its focus on seeking to help all people have access to effective systems and affordable resources, solutions, and advice. The index will use employer and consumer surveying alongside verified ...

BT Funds Management fined $20m

JAMIE WILLIAMSON  |  FRIDAY, 8 APR 2022
... million, ASIC said, with deputy chair Sarah Court adding that the misconduct "was caused by the failure to implement proper systems to ensure customers are correctly charged". BT Funds Management was also found to have misrepresented to members in statements ...

Hostplus expands IP Group commitment

JAMIE WILLIAMSON  |  FRIDAY, 8 APR 2022
... technology companies that have come out of universities, including Canopus Networks, Oxford Nanopore, WaveOptics, and MOBILion Systems. The fund largely backs companies operating in the clean energy, decarbonisation, medicine, healthcare and quantum ...

APRA champions flexible financial technology regulation

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
... finance has and will continue to reshape the financial system at speed. The move toward digital decentralised financial systems have great potential and many risks to the community. Byres is confident Australia is well on the path to having strong foundations ...

ASIC pushes super governance improvements

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 APR 2022
... control measures in relation to investment switching at many super funds. The regulator said it had expected to find robust systems in place to prevent directors and senior executives from potentially misusing price sensitive information for personal ...

ASIC takes Federal Court action against Macquarie Bank

ANDREW MCKEAN  |  TUESDAY, 5 APR 2022
... benefit. He pleaded guilty to 15 dishonesty offences. ASIC deputy chair Sarah Court said: "Mr Hopkins misused Macquarie's systems by processing transactions using his fee authority to steal client funds." "Macquarie failed to properly detect and prevent ...

Tax, welfare reform on election agenda

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
... has partnered with St Vincent de Paul Society on a new report highlighting reforms that could make the tax and welfare systems fairer ahead of the federal election. The report examines three options for helping families and individuals at risk of deep ...

Investment Trends, Finura Group partner

CHLOE WALKER  |  THURSDAY, 31 MAR 2022
... established advice software providers, the partnership brings together digital advice frameworks and technology transformation systems. The partnership will also focus on advisers' evolving technology needs and the latest technology used to deliver services ...

Government vows support for SMEs, self-funded retirees

JAMIE WILLIAMSON  |  THURSDAY, 24 MAR 2022
... automatically. This measure is initially expected to support over 500,000 companies with PAYG instalment obligations, and new systems to implement the measure should be in place by 31 December 2023, Frydenberg said. The government has said it will also ...