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Showing 601 - 610 of 6430 results for "Regulatory"

Advice bodies want efficiency, long-term solutions from Mulino

KARREN VERGARA  |  WEDNESDAY, 14 MAY 2025
... tax affairs. "We also aim to address issues with the CSLR. More broadly, we are seeking a reduction in unnecessary regulatory burdens, greater efficiency in compliance processes, and policy settings that reflect the unique challenges faced by small and ...

Macquarie raked over the coals again by ASIC

ANDREW MCKEAN  |  WEDNESDAY, 14 MAY 2025
... misreporting could be between 298 million and 1.5 billion short sales. ASIC also contends that Macquarie incorrectly reported regulatory data for 633,680 orders submitted to the market operator between November 2022 and March 2023. ASIC chair Joe Longo ...

Ascent Investment mastermind cops 33 criminal charges

KARREN VERGARA  |  MONDAY, 12 MAY 2025
Michael Dunjey, the mastermind behind a $149 million alleged Ponzi scheme, has been charged with 33 criminal offences. On May 9, the Perth Magistrates Court charged Dunjey, the director of Ascent Investment and Coaching, with 23 counts of fraud under ...

HCF Life fined $750k for misleading contract term

KARREN VERGARA  |  FRIDAY, 9 MAY 2025
HCF Life Insurance has been fined $750,000 by the Federal Court for misleading the public about a pre-existing condition term under its Recover products. Last October, the court ruled the term would deny coverage if a customer did not disclose a pre-existing ...

Macquarie reprimanded again for derivatives compliance failures

KARREN VERGARA  |  WEDNESDAY, 7 MAY 2025
ASIC is again taking action against Macquarie Bank for "multiple and significant compliance failures" relating to its futures-dealing business and over-the-counter (OTC) derivatives trade reporting. The failures have been undetected for many years ...

Licensees slash compliance spending: Survey

KARREN VERGARA  |  WEDNESDAY, 7 MAY 2025
... year. Holley Nethercote managing partner Paul Derham said while the decrease in spending is likely a reflection of less regulatory change during the period, this is expected to reverse in the next 18 months. This is thanks to a "tsunami of regulatory ...

Australia tops list for financial services job growth

ELIZA BAVIN  |  WEDNESDAY, 7 MAY 2025
... management and digital transformation were the most sought after. Robert Walters said the demand was driven by recent regulatory changes and continued investment in digital transformation aimed at enhancing operational efficiency and customer experience. ...

What Labor's second term means for regulators

KARREN VERGARA  |  TUESDAY, 6 MAY 2025
... Australian Shareholders' Association Investor Conference this morning that a change in government is something that regulatory bodies watch closely as the outcome directly impacts their work. "In the lead up to an election, you are watching the policies ...

ASIC cancels licence of Brite Advisors

ANDREW MCKEAN  |  MONDAY, 5 MAY 2025
... year. The company also operated through related entities in the US, UK, and Hong Kong, all of which are now subject to regulatory action or insolvency. In the US, the Securities and Exchange Commission charged Brite Advisors USA with custody rule breaches ...

ETF Shares introduces three ETFs on Cboe

KARREN VERGARA  |  MONDAY, 5 MAY 2025
... adviser market, the primary driver of ETF flows in Australia. "We understand the local advice landscape, including the regulatory shifts following the Royal Commission. That knowledge, combined with our product expertise, positions us to serve advisers ...