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Showing 41 - 50 of 373 results for "Safeguard"

InterPrac wants super funds' reserves to remediate Shield, First Guardian victims

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... trustees, research houses, and licensees are called to account, the Australian superannuation system has evolved to safeguard members and those safeguards must be fully utilised." InterPrac is in the process of issuing ORFR activation requests to superannuation ...

FEATURE: Hyped up

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
Financial services firms stand at a pivotal juncture. Those in one camp, with their heads buried in the sand, can no longer ignore the fact that artificial intelligence (AI), particularly its sidekick generative AI (GenAI), is everywhere. The other ...

ATO eyes SMSF illegal early access

KARREN VERGARA  |  THURSDAY, 28 AUG 2025
The Australian Taxation Office (ATO) will continue to tighten controls around early access of SMSF money as it grapples to contain those who access it illegally. The ATO said the growing frequency in accessing super early has forced it to make enforcement ...

ASIC proposes 'kill switches' for unusual trading

ELIZA BAVIN  |  THURSDAY, 28 AUG 2025
ASIC is consulting on proposed changes to modernise market integrity rules (MIRs) governing participants' trading systems and automated trading. ASIC said the proposed changes aim to keep pace with continued developments in technology, including artificial ...

Binance under microscope over loose controls

MATTHEW WAI  |  MONDAY, 25 AUG 2025
The Australian Transaction Reports and Analysis Centre (AUSTRAC) directed Binance Australia to appoint an external auditor after "serious concerns" were identified from its independent review. The concerns are in relation to the crypto exchange's ...

ASIC freezes assets of First Mutual Private Equity

MATTHEW WAI  |  FRIDAY, 22 AUG 2025
... Corporations Act. It is understood this was reported to ASIC in June 2024. ASIC sought these orders on an urgent basis to safeguard investor funds while the investigation is underway, it said. The interim orders also bar Cotton and FMPE from incurring ...

ASX flags up to $35m in additional operating costs

ELIZA BAVIN  |  THURSDAY, 7 AUG 2025
The ASX has flagged it expects to be hit by additional operating expenses of between $25 million and $35 million because of ASIC's inquiry. In June ASIC announced a fresh inquiry into the ASX, focusing on its overall governance, capability, risk ...

PC outlines key reforms to boost clean energy investment

ELIZA BAVIN  |  TUESDAY, 5 AUG 2025
... which will support new investment in renewables after 2030. The report also recommended broadening and improving the Safeguard Mechanism and introducing a technology-neutral policy to incentivise heavy vehicle operators to reduce emissions. "Enduring ...

CALI launches review of Life Code

ELIZA BAVIN  |  THURSDAY, 31 JUL 2025
The Council of Australian Life Insurers (CALI) has appointed Peter Kell to lead an independent review of the Life Insurance Code of Practice (Life Code). The review will begin on 1 October 2025. The Life Code sets enforceable standards life insurers ...

Mulino sits on Tranche 2 for now, grapples with complexity

KARREN VERGARA  |  WEDNESDAY, 30 JUL 2025
Minister for financial services Daniel Mulino says releasing the next exposure draft for the "complex" second tranche of Delivering Better Financial Outcomes (DBFO) reforms is a top priority, but the financial advice sector should not expect it anytime ...