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Showing 641 - 650 of 1598 results for "Counter"

Labor takes aim at executive pay

EMMA RAPAPORT  |  WEDNESDAY, 6 SEP 2017
The Federal Opposition has adopted a new party policy to force Commonwealth entities, including investment managers, to publish details of executive remuneration. Formally amending the rules surrounding executive remuneration, Labor will aim to ensure ...

CBA class action moves forward

KARREN VERGARA  |  TUESDAY, 5 SEP 2017
... formally fund an open class action against the Commonwealth Bank relating to alleged breaches of anti-money laundering and counter terrorism financing laws. The class action will consist of shareholders who purchased shares between 17 August 2015 to ...

Trump and Kim go ballistic

BENJAMIN ONG  |  FRIDAY, 11 AUG 2017
... stop in the equity markets. But if ever that happens, we know that the Fed (and other central banks) would respond with counter-measures. That said, a nuclear war would introduce new dynamics for the financial markets. This, or we'll all be glowing in ...

CBA contemplates CommInsure sale

ALEX BURKE  |  WEDNESDAY, 9 AUG 2017
... has initiated Federal Court proceedings against the bank, alleging that CBA contravened the Anti-Money Laundering and Counter-Terrorism Financing Act 2006. CBA acknowledged these proceedings in its results, with chair Catherine Livingstone saying CBA's ...

IOOF grows against the grain

JAMIE WILLIAMSON  |  TUESDAY, 8 AUG 2017
... advisers last financial year as a driving force behind its 131% increase in advice net flows. In what IOOF described as "counter to industry trend", its growing adviser numbers - including the 33 that joined from another licensee - has seen advice net ...

CBA blames reporting failure on software error

EMMA RAPAPORT  |  MONDAY, 7 AUG 2017
... AUSTRAC initiated Federal Court proceedings against the bank, alleging that CBA contravened the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 more than 53,000 times. The allegations include that CBA was late to report IDMs were potentially ...

CBA faces anti-money laundering allegations

EMMA RAPAPORT  |  FRIDAY, 4 AUG 2017
... potentially facing millions of dollars in civil penalties following allegations it did not comply with anti-money laundering and counter-terrorism law. Financial intelligence and regulatory agency AUSTRAC has initiated Federal Court proceedings against ...

Douglass makes case for Magellan turnaround

ALEX BURKE  |  WEDNESDAY, 2 AUG 2017
Ahead of the company's annual results next week, Magellan Financial Group chief executive Hamish Douglass explained to investors why the flagship global equity fund has swung back into outperformance after disappointing returns last year. While 2016-17 ...

In-house investment bears fruit for AustralianSuper

DARREN SNYDER  |  FRIDAY, 28 JUL 2017
AustralianSuper chief executive Ian Silk has flagged expanding the fund's internal investment team to manage more than half of its rapidly growing asset base. Australia's largest superannuation fund has previously said it is aiming to manage between ...

Not showing: inflation

BENJAMIN ONG  |  MONDAY, 24 JUL 2017
RBA deputy governor Guy Debelle snuffed hawkish interpretations of the minutes of the 4 July RBA meeting - particularly, the minutes' reference to a 3.5% neutral cash rate - reversing the Australian dollar's upward run. "...the current (nominal) cash ...