Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 621 - 630 of 6009 results for "Custom"

Government promises transparent financial services regulation

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
The federal government is launching an initiative to provide transparency and better coordination in how it regulates financial services firms to alleviate their compliance costs and burdens. The Financial Sector Initiatives Regulatory Grid wants to ...

MetLife chair Geoff Brunsdon retires after 13 years

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
MetLife Australia has a new chair, while the former chief executive of an industry super fund is also joining the board. MetLife Australia announced the retirement of MetLife Insurance Limited chair Geoff Brunsdon, after serving on the board for 13 ...

Experts issue warning over AI washing

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
Artificial intelligence (AI) is perhaps the most transformative technology since the advent of the internet, poised to herald an unprecedented digital economic revolution. To appear at the precipice of the movement, some are employing deceptive tactics ...

Islamic Bank hands back licence

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
The banking startup, owned in part by Hejaz Financial Services, surrendered its restricted licence to APRA last week. Since July 2022, Islamic Bank held a licence to operate a restricted authorised deposit-taking institution (RADI). This "allows an ...

Overhaul of TPD structure, pricing needed: MLC Life

CHLOE WALKER  |  WEDNESDAY, 6 MAR 2024
Close to half of Australian workers have three months or less savings to get them through a disability impacting their ability to work, and women are particularly at risk, according to new research by MLC Life Insurance. The research, conducted by Freshwater ...

Aware Super appoints member strategy lead

KARREN VERGARA  |  TUESDAY, 5 MAR 2024
The $170 billion Aware Super has appointed a new lead for member strategy who previously worked at AustralianSuper. Chris Cramond took on the newly created role of head of member strategy on March 4, overseeing member experience, data and insights ...

ASIC takes further action on Prospero

KARREN VERGARA  |  MONDAY, 4 MAR 2024
ASIC is pushing for Prospero Markets to be wound up following revelations that it was linked to one of Australia's biggest-ever money-laundering operations. Former officers and responsible managers of over-the-counter (OTC) derivatives issuer Prospero ...

ASIC cracks down on scammers

CHLOE WALKER  |  MONDAY, 4 MAR 2024
The corporate regulator says it has shut down about 3500 investment scam websites since July 2023 to protect Australians from digitally enabled misconduct. According to ASIC's latest enforcement and regulatory update, it has secured almost $60 million ...

Former Blockchain Global director confined to Australia

ANDREW MCKEAN  |  THURSDAY, 29 FEB 2024
ASIC has obtained an interim order from the Federal Court to restrict former Blockchain Global director Liang Guo, also known as Allan Guo, from leaving Australia. The corporate regulator is currently investigating Guo and two other Blockchain Global ...

Bloom Impact, MSC pulled up for greenwashing

RACHEL ALEMBAKIS  |  THURSDAY, 29 FEB 2024
The now-defunct app-led climate impact fund is the latest entity to cop a fine for greenwashing from the regulator. Melbourne Securities Corporation (MSC) has paid $13,320 to comply with an ASIC infringement notice relating to allegations of misleading ...