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Showing 651 - 660 of 1827 results for "Monitor"

Westpac halts short-term bonuses, culls Litepay

HARRISON WORLEY  |  MONDAY, 25 NOV 2019
The under-fire big bank will halt short term incentives for its executive team as it deals with the fallout from its alleged breaches of anti-money laundering and counter terrorism financing laws. Announcing the bank's three-point response plan ...

Boutique portfolio manager to retire

KANIKA SOOD  |  FRIDAY, 22 NOV 2019
... who has been with the company since 2005. Morningstar has retained an analyst rating of bronze but said it will closely monitor Byres' progression of over the next 24 months. The analyst noted the long notice period, the capability of Biddle and ...

Continued calls for code compliance extension

ELIZABETH MCARTHUR  |  THURSDAY, 21 NOV 2019
Following ASIC providing relief to licensees in regards to ensuring advisers are registered with a compliance scheme, the Financial Planning Association of Australia is calling for more to ensure compliance. Speaking to Financial Standard, FPA head ...

Media Super winds up income investment option

ELIZABETH MCARTHUR  |  MONDAY, 18 NOV 2019
The $6.2 billion superannuation fund Media Super has issued a notice to members notifying them that its Income Plus investment option will close effective 5 February 2019. The fund said the ongoing low bond yield environment has put performance of its ...

Registration deadline extended: ASIC

ELIZABETH MCARTHUR  |  THURSDAY, 14 NOV 2019
ASIC has told Australian financial services licensees that they will not be in breach of the law because their financial advisers were not able to register with ASIC-approved compliances schemes. The original deadline for registering was 1 January 2020. ...

RMBS scrutiny could be loosened in US

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 NOV 2019
The US Securities and Exchange Commission (SEC) has issued a call for input from investors and market participants on the asset-level disclosure requirements for residential mortgage-backed securities (RMBS). SEC chairman Jay Clayton explained that ...

NAB faces half a billion in fines

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2019
... until 2015 due to there being no lead, with a general manager only being appointed in October 2016, a lack of systems to monitor or review introducers, and controls over the program heavily relying on bankers. From 2013 to 2016 the program generated ...

Chief economist update: The A$ will answer the question of how much more

BENJAMIN ONG  |  TUESDAY, 12 NOV 2019
... inflation is expected to be close to 2% in 2020 and 2021." Concluding with the assurance that: "The board will continue to monitor developments, including in the labour market, and is prepared to ease monetary policy further if needed to support sustainable ...

Ethics code creates confusion around ESG

ELIZABETH MCARTHUR  |  MONDAY, 11 NOV 2019
A debate is raging about what the Financial Advice Standards and Ethics Authority's Code of Ethics means for ESG investing and advising clients on ethical investment options, with FASEA chief executive Stephen Glenfield looking to clarify the issue. ...

Legal fight could change super game

ELIZABETH MCARTHUR  |  FRIDAY, 8 NOV 2019
... a member of the United Nations Principles for Responsible Investment and says it is strengthening efforts to measure, monitor and report on climate-related risks. Rest has about 1.9 million members. McVeigh remains one of those members to this day. "Rest ...