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Showing 551 - 560 of 6446 results for "regulatory"

ASIC releases new relief for reportable situations regime

KARREN VERGARA  |  MONDAY, 30 JUN 2025
... had gaps in how they monitored their own compliance with the regime, and deficiencies in incident management. Under Regulatory Guide 78 Breach reporting by AFS licensees and credit licensees, a reportable situation includes significant breaches or likely ...

Super funds, banks say cybersecurity is now their biggest concern

ANDREW MCKEAN  |  FRIDAY, 27 JUN 2025
APRA's 2025 Stakeholder Survey shows that cyber security risk has emerged as the topmost concern in financial services. The survey, which gathered responses from 262 financial institutions, revealed that the threat of cyber security was listed as a ...

Brite Advisors auditor admits failures, surrenders registration

ANDREW MCKEAN  |  FRIDAY, 27 JUN 2025
ASIC has accepted a court enforceable undertaking from DM Advisory Services principal David Makowa, the auditor of Brite Advisors. Makowa, a veteran of more than 20 years in practice - including stints at Ernst & Young and KPMG - has surrendered his ...

Super moves: PE exec quits Future Fund for ART

ELIZABETH FRY  |  THURSDAY, 26 JUN 2025
... 13.8% of its book. Also, this week, Rest Superannuation has appointed Sam Tissine as general manager of financial and regulatory reporting. Tissine brings 24 years of experience in financial management across banking and superannuation sectors. He previously ...

APRA acknowledges need to reduce regulatory burden

JAMIE WILLIAMSON  |  THURSDAY, 26 JUN 2025
... inadequate; super funds rated their experience at just 21%, while the overall rating was just 24%. Asked about the balance of regulatory burden and benefit, 33% said there is too little benefit to the industry for the level of burden. Super trustees ...

ASIC appoints ASX inquiry panel

MATTHEW WAI  |  THURSDAY, 26 JUN 2025
... members of ASX top 20 boards and government investment funds, as well as deep experience across global markets, banking, regulatory, risk and technology." "Their depth of experience and skills will be invaluable as we undergo this Inquiry." The inquiry ...

ASFA, JANA release draft guidance on operational due diligence

MATTHEW WAI  |  THURSDAY, 26 JUN 2025
... "This updated guidance provides a clear roadmap for superannuation funds and investment managers to meet the evolving regulatory landscape and enhance their risk management frameworks to the benefit of everyday Australians," Delahunty said. Meanwhile ...

Old challenges push asset managers to inflection point: Citi

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
... the report read. "Digitally savvy self-directed investors need superior tech-enabled client experience (42%). Tighter regulatory oversight has come with the personalisation of risk (44%)." These challenges have brought the industry to an inflection point ...

Union redundancy funds in ASIC's sights

ELIZA BAVIN  |  WEDNESDAY, 25 JUN 2025
ASIC has released a consultation paper to seek feedback on whether the Corporations Act should apply to trade union redundancy funds. Consultation Paper 384, Employee redundancy funds, will seek feedback on whether ASIC should have the power to regulate ...

Life insurer chief executives step down, successor named

MATTHEW WAI  |  TUESDAY, 24 JUN 2025
... departures. Former Westpac executive Chris de Bruin has been appointed chief executive of Acenda Group, subject to regulatory approvals of the merger between Acenda and Resolution Life Australia, which is expected to complete in the second half of the ...