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Showing 601 - 610 of 3462 results for "Response"

Federal Reserve plans upping capital requirements

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
... occur with appropriate transition times," he said. "I will be pursuing further changes to regulation and supervision in response to the recent banking stress, including how we regulate and supervise liquidity, interest rate risk, and incentive compensation ...

Adviser demand up as industry turns corner: Recruiter

KARREN VERGARA  |  FRIDAY, 7 JUL 2023
... adviser role, which was popular prior to the Hayne Royal Commission and FASEA regulations. "We see this client shift as a response to increase capacity to absorb the referrals and new client demand as mentioned with an 18-to-24-month development plan ...

ASX consultation: Time to say goodbye to mFund?

ANDREW MCKEAN  |  FRIDAY, 7 JUL 2023
... permanently close the mFund service, a process expected to take an additional one to three months. ASX will prepare a response to the consultation, summarising all feedback and outlining its verdict later in 2023. When the consultation was first flagged ...

abrdn's Jollie outlines next steps

ELIZABETH FRY  |  FRIDAY, 7 JUL 2023
... book. "Partnering with SGH and MSC allows us to focus on bringing our global investment capabilities into Australia in response to the increasingly competitive nature of the market," he added. "Streamlining our business through these partnerships will ...

Openmarkets hit with largest ever MDP penalty

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
... remedial actions to enhance the company's trade surveillance, client onboarding, and client money handling procedures. In response to these findings, Openmarkets said under a new leadership team, the company has transformed, putting in place robust compliance ...

Institutions must raise the bar on cybersecurity resilience: APRA

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
... incomplete, inconsistent, lacked independence and did not provide adequate assurance for management and the board. Incident response plans were also found not to be regularly reviewed or tested. APRA said in some cases response plans were not in place ...

Frontier calls for better unlisted asset valuations

ANDREW MCKEAN  |  WEDNESDAY, 5 JUL 2023
... global practices, Frontier argues this is for good reason. Factors such as redemption periods, Australia's robust response to the COVID-19 pandemic, and the impact of rising global interest rates require a unique Australian perspective. In Australia ...

AMP loses BOLR changes class action

KARREN VERGARA  |  WEDNESDAY, 5 JUL 2023
... However, Moshinsky said that "a process will be required to determine the impact of the decision on other group members". In response, AMP said in a statement to the ASX that "noting the complexity of the matter, AMP is reviewing the judgment in detail ...

Allegro unveils PwC entity as Scyne Advisory

CASSANDRA BALDINI  |  TUESDAY, 4 JUL 2023
... purport of consequences for failing to meet appropriate standards of professional conduct offer a begrudging and belated response to actions which occurred, and which PwC was aware of, more than seven years ago," she said. "Many questions remain unanswered ...

ART delivers 10% for members

KARREN VERGARA  |  TUESDAY, 4 JUL 2023
Despite the lull in the property and private equity sectors, Australian Retirement Trust (ART) handed in a 10% return for its balanced option following a bumper share market revival. The Super Savings Balanced, which most of the ART's 2.2 million ...