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Showing 41 - 50 of 2244 results for "Treasury"

Quality is worth paying for in 2024: UBS

CHLOE WALKER  |  THURSDAY, 23 NOV 2023
... more cautious" on long-term bonds due to their greater sensitivity to technical factors, including currently high US Treasury supply. Meantime, UBS CIO expects a moderate rally in global equity indexes next year as earnings grow, and as interest rates ...

SEC sues Kraken exchange again

CASSANDRA BALDINI  |  WEDNESDAY, 22 NOV 2023
... clear, using new technology to break the law does not make you a disruptor, it makes you a criminal." Secretary of the Treasury Janet Yellen added that Binance turned a blind eye to its legal obligations in the pursuit of profit. "Its willful failures ...

AFCA tightens wholesale investor remit

KARREN VERGARA  |  FRIDAY, 17 NOV 2023
... will shortly update its operational guidelines for assessing complaints from wholesale clients following feedback from a Treasury independent review that highlights changes to two categories, AFCA lead ombudsman Shail Singh told the Member Forum this ...

Nominations open in FS Sustainability Power50

RACHEL ALEMBAKIS  |  TUESDAY, 14 NOV 2023
... July 2024, a review of the Modern Slavery Act recommended meaningful reforms to enhance protections of human rights and Treasury announced a long-anticipated sustainable finance strategy. This year has also brought challenges in the form of greenwashing ...

Treasury unveils advice reforms draft legislation

KARREN VERGARA  |  TUESDAY, 14 NOV 2023
Treasury has released long-awaited draft legislation to reduce administrative burdens of financial advisers but is missing key pieces, such as the elimination of the Best Interests Duty and the overhaul of the Statement of Advice (SoA). Released today ...

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
... pace, in view of some of the technical developments and fiscal debt pressure that's happening in the US bond and treasury markets," she said. "So, what we advocate in our portfolios and with investors is to increase the allocation to quality investments ...

Adviser levy discount amounts to $8m saving

KARREN VERGARA  |  FRIDAY, 10 NOV 2023
... overall size of the levy, and the lack of transparency around how it is calculated. We will continue to work with ASIC, Treasury and the minister's office to support and encourage further changes including the implementation of the improvements to ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  WEDNESDAY, 8 NOV 2023
... years ago, maybe even 10," chief executive Nic Seton said. "We don't have endless time to coddle big polluters." The Treasury consultation paper states that companies "will be afforded protection from false or misleading representation claims from ...

ASIC updates qualified tax relevant provider definition

KARREN VERGARA  |  TUESDAY, 7 NOV 2023
... who is a registered tax agent and/or meets the education and training requirements. The update follows the passage of Treasury Laws Amendment (2023 Measures No. 3) Act 2023, which contains the recognition of veteran financial advisers' experience ...

ASIC bans former PwC partner over tax scandal

CASSANDRA BALDINI  |  MONDAY, 23 OCT 2023
... it found that Collins disclosed confidential information he obtained in his roles as a tax advisor to the Commonwealth Treasury and the Australian Board of Taxation. Accordingly, ASIC found that Collins was not a fit and proper person to provide financial ...