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Showing 601 - 610 of 3443 results for "mandate"

Government cracks the whip on multinationals

ANDREW MCKEAN  |  MONDAY, 26 JUN 2023
The government has introduced a new Bill to tackle corporate tax avoidance, particularly among multinational enterprises. The bill mandates enhanced tax transparency for multinational corporations operating within Australia, making it more difficult ...

NAB progresses closure of custody arm

CASSANDRA BALDINI  |  WEDNESDAY, 21 JUN 2023
... with $693.6 billion assets under custody. The closure was originally confirmed by NAB last November, following years of mandate losses and a lack of success in offloading the business. At the time, NAB executive asset servicing John Comito said it wasn't ...

CEFC backs agriculture investment platform

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 JUN 2023
... management services. The firm has a framework that integrates sustainability in design and delivery of strategies and a mandate to report against targets for the assets it manages, CEFC said. "This CDPQ investment is a welcome addition to the Australian ...

Labor advances super performance test changes

KARREN VERGARA  |  MONDAY, 19 JUN 2023
... eight years. In providing further details, assistant treasurer and minister for financial services Stephen Jones will mandate super funds that send notification letters to members of failing Choice products to adjust for flag cost considerations. Trustees ...

Challenger lowers stake in Elanor

KARREN VERGARA  |  FRIDAY, 16 JUN 2023
... achieved until 30 June 2026. Elanor announced in May that it was advised by Challenger that "one third party institutional mandate will not transfer" but did not provide more details. ADIC is the investment arm of the Abu Dhabi government. It became ...

FRAA releases draft APRA, ASIC metrics

KARREN VERGARA  |  FRIDAY, 16 JUN 2023
... how to allocate their resources to achieve their respective legislated objectives. "As the prudential regulator, APRA's mandate requires a strong focus on financial system resilience by ensuring the financial safety and soundness of banks, insurers ...

FinClear partners with trading platform

KARREN VERGARA  |  WEDNESDAY, 14 JUN 2023
FinClear has won a mandate to provide third-party clearing and trade support services to a global trading platform that recently hit Australian shores. Webull, which has soft launched in Australia, is a market participant of the ASX and Cboe Australia. ...

Treasury mandates APRA consider climate risks in duties

RACHEL ALEMBAKIS  |  FRIDAY, 9 JUN 2023
Treasury has released an updated statement of expectations for APRA which includes the adoption of climate reporting standards by super funds, banks and insurers. "For the first time, the government is explicit in requiring the regulator to consider ...

ESSSuper reduces admin fees, renews insurance mandate

JAMIE WILLIAMSON  |  MONDAY, 5 JUN 2023
ESSSuper is reducing administration fees and plans to rebate some of this financial year's admin fees, citing efficiencies gained through outsourcing administration. Meanwhile, it has also signed a new group insurance contract. Currently, ESSSuper ...

Spirit Super rectifies regulatory breach

ANDREW MCKEAN  |  TUESDAY, 30 MAY 2023
Spirit Super has corrected a non-compliance issue, amending its process for monitoring the use of reserves to cover expenses that exceed the fees and costs charged to members. Last month, the industry fund acknowledged that it had inadvertently omitted ...