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Showing 581 - 590 of 834 results for "Regulations"

Goldman Sachs focuses on HNW with private bank

MELANIE TIMBRELL  |  FRIDAY, 20 JUL 2012
... category comes amid declines in Goldman Sachs' core investment business on the back of economic volatility and new regulations restricting bank use of funds for trading. "We've been in the wealth business for a long time," AFP reported Viniar as saying ...

FSC focuses FATCA talk on govt agreement

MELANIE TIMBRELL  |  WEDNESDAY, 18 JUL 2012
... compliance burdens associated with the contentious FATCA regime. Under draft Foreign Account Tax Compliance Act (FATCA) regulations released in February, Australian superannuation funds would not qualify for exemptions that captured pension funds in ...

FOFA passes as industry backs professionalism

MELANIE TIMBRELL  |  THURSDAY, 21 JUN 2012
... before its proposed start date," said Senator Mathias Cormann, Shadow Minister for Financial Services. "The important regulations that underpin the FOFA legislation have yet to be finalised." Regulations and ASIC guidance on how financial advisers are ...

Advisers expect up to 30pc profit growth

LINDA HAUSKEN  |  THURSDAY, 31 MAY 2012
... has been some concern about the potential impact of these changes, now that we are seeing more clarity around the regulations, many advisers are viewing this very much as an opportunity. "The new regulations are encouraging greater transparency, which ...

Super sector turning to dedicated long-term lenders

BEN COLLINS  |  THURSDAY, 31 MAY 2012
... is that the only source of capital is the four major banks. Holm said the effect of Basel I & II combined with APRA regulations make it much more difficult for the banks to lend beyond three years in non-residential sectors. "Together with global capital ...

FOFA misses the mark on investment fraud

RACHEL DAVIS  |  FRIDAY, 18 MAY 2012
A finance industry lawyer has warned that the FOFA regulations will not prevent Trio, Storm and Westpoint-type disasters from occuring in the future. "There has been no real change to rules making early detection and pre-emptive enforcement easier against ...

Advisers use of ETFs on the rise

LINDA HAUSKEN  |  THURSDAY, 17 MAY 2012
... commonly encountered by planners can be addressed through education including differences between local and global regulations and engaging with research providers," said Corbett. "Advisers are now looking at demonstrating value to their clients and ...

Brogden calls for government agreement on FATCA

MELANIE TIMBRELL  |  TUESDAY, 15 MAY 2012
... Compliance Act (FATCA) regime aims to crackdown on tax avoidance by US citizens and companies sheltering assets abroad. The regulations, due to come into effect January 1, 2013, will require foreign financial institutions (FFI) including superannuation ...

Optimistic outlook for industry growth: Research

LINDA HAUSKEN  |  TUESDAY, 15 MAY 2012
... relation to FoFA, with just over a third of advisers saying they had begun preparing their businesses for the new regulations. "The survey results provide an interesting perspective on how advisers are currently responding to changes occurring in the ...

Lifeplan upgrades investment offer

LINDA HAUSKEN  |  FRIDAY, 4 MAY 2012
... from advisers shows that they are already moving to introduce client strategies that are intended to comply with FOFA regulations," he said.