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Showing 611 - 620 of 3462 results for "Response"

Technology top threat to company culture: Report

CASSANDRA BALDINI  |  MONDAY, 3 JUL 2023
New and emerging technology is the biggest threat to company culture within financial services firms, more than 60% of senior leaders say. According to a report by Allen & Overy (A&O Consulting), Organisational culture in financial services, 62% of ...

AUSTRAC drops action after Bell FG audit

CASSANDRA BALDINI  |  FRIDAY, 30 JUN 2023
... work with the group to ensure ongoing compliance and to monitor the remediation and uplift undertaken by the entities in response to the external auditor findings and recommendations," it said. Bell Financial executive chair Alastair Provan acknowledged ...

HESTA dumps Link as administrator

JAMIE WILLIAMSON  |  FRIDAY, 30 JUN 2023
... also acknowledged the relationship with Link and thanked the provider for its "continued hard work and dedication." In response, Link noted that HESTA currently represents 4% of its estimated group revenue for FY23. Link reaffirmed its FY23 guidance ...

ASX provides clarity on CHESS replacement

CHLOE WALKER  |  THURSDAY, 29 JUN 2023
Responding to suggestions made at the Parliamentary Joint Committee (Committee) on Corporations and Financial Services, the ASX has confirmed no decisions have been made in relation to the CHESS replacement. In a letter to Committee chair Senator Deborah ...

Adviser levy tripled, labelled "deeply unfair"

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... recovery follows minister for financial services Stephen Jones confirming the adviser levy freeze would not continue. In response to the tripling of the levy, the Financial Advice Association Australia (FAAA) called for the freeze to be reinstated, particularly ...

abrdn sells local trustee business

CHLOE WALKER  |  TUESDAY, 27 JUN 2023
... trusteeship responsible entity duties, it allows us to focus on bringing our global investment capabilities into Australia in response to the increasingly competitive nature of the market," Macdonald said. "abrdn remains committed to the Australian market ...

MSCI ponders reclassifying Nigeria, Egypt

JAMIE WILLIAMSON  |  MONDAY, 26 JUN 2023
... Frontier or Standalone, due to low liquidity in its onshore FX market that's seen a deterioration in accessibility. In response to this, MSCI introduced a special treatment in the MSCI Egypt Indexes in May 2023 to potentially reduce the number of changes ...

Small super funds admonish APRA

ANDREW MCKEAN  |  FRIDAY, 23 JUN 2023
In the most recent stakeholder survey conducted by APRA, small superannuation funds expressed disproportionally high discontent with the regulator. APRA observed that superannuation and trustee respondents gave distinctly lower ratings for almost all ...

New inquiry targets audit sector following PwC scandal

CASSANDRA BALDINI  |  FRIDAY, 23 JUN 2023
... many in the industry, have called for PwC to release the names of all 63 partners and staff involved in the scandal. In response, PwC stood down senior staff involved while investigations continued, however, said names will not be revealed. O'Neil ...

Senate report labels PwC breach calculated, deliberate

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
... received emails from Mr Collins related to the confidential Treasury information." The committee added that PwC's response to the matter has been "less than satisfactory." "PwC has given every appearance of attempting to minimise the seriousness ...