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Showing 621 - 630 of 1598 results for "Counter"

Majority ready for MiFID II: Spot poll

KARREN VERGARA  |  MONDAY, 8 JAN 2018
... important change that must be embraced is that everything must be digitised. Voice trading, particularly for over the counter (OTC) trades and every discussion related to executing trades must to be stored - even broken trades have to be recorded and ...

IMF ramps up funding for CBA class action

EMMA RAPAPORT  |  FRIDAY, 22 DEC 2017
... "misleading and deceptive" statements about its compliance. Last week CBA was hit with fresh allegations of money laundering and counter-terrorism financing levelled by the regulator. In an amended statement of claim released yesterday, AUSTRAC filed ...

CBA hit with fresh AML breaches by AUSTRAC

EMMA RAPAPORT  |  FRIDAY, 15 DEC 2017
The hits keep coming for CBA with fresh allegations of money laundering and counter-terrorism financing levelled by the regulator. In amended statement of claim released yesterday, AUSTRAC filed a further 100 alleged breaches of anti-money laundering ...

CBA admits to anti-money laundering breaches, AUSTRAC flags new allegations

KARREN VERGARA  |  THURSDAY, 14 DEC 2017
CBA admitted systems glitches have led to it breaching anti-money laundering and counter-terrorism laws on more than 53,000 occasions, and flagged it is bracing itself for new allegations to be handed down by AUSTRAC. In filings submitted in response ...

Advisers call for exam, standards clarity

KARREN VERGARA  |  WEDNESDAY, 29 NOV 2017
... the FPA is recommending include Chapter 7 of the Corporations Act; the Tax Agent Services Act; anti-money laundering and counter-terrorism laws; common law fiduciary duties and ethics, he said. One audience member expressed concerns the exam is too legalistically ...

Long-short performance justifies fees: Zenith

ALEX BURKE  |  TUESDAY, 28 NOV 2017
New Zenith research suggests that despite the higher premiums charged to investors, the average return produced by long-short funds justifies the cost. Zenith found in the 12 months to September 30, global long-short managers delivered a 2.3% premium ...

SSGA dismisses ETF bubble concerns

ALEX BURKE  |  WEDNESDAY, 22 NOV 2017
State Street Global Advisors US head of capital markets David LaValle believes the concerns regarding ETFs causing valuation distortions in equity markets are founded in some fundamental misunderstandings about these investment vehicles. Speaking as ...

Aussie regtech readies firms for MiFID II

KARREN VERGARA  |  THURSDAY, 9 NOV 2017
An Australian regtech has partnered with the London Stock Exchange (LSE) to help local financial services firms address compliance in time for the looming MiFID II deadline. APIR Systems will be the LSE's registered agent in Australia and South East ...

ESG and emerging markets investment continues rise

JAMIE WILLIAMSON  |  THURSDAY, 2 NOV 2017
Demand for new smart beta mandates declined significantly over the past 12 months and accounted accounting for only 10% of new mandate activity with investors turning their focus to ESG. A finding from bfinance's latest research shows smart beta was ...

CBA chair defends executive bonuses

KARREN VERGARA  |  MONDAY, 23 OCT 2017
... bonuses to senior executives between 2015 and 2016, the period it was made aware of potential anti-money laundering and counter-terrorism law breaches, a public inquiry has found. Commonwealth Bank chair Catherine Livingstone told the Standing Committee ...