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Showing 671 - 680 of 4100 results for "Conduct"

Pension fund ousts chief over US bank losses

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
The chief executive of Sweden's Alecta was let go by the fund as it looks to recover from large losses resulting from investments in Silicon Valley Bank, Signature Bank and First Republic Bank. Overnight, Magnus Billing was axed as chief executive with ...

ASIC cans Binance AFSL

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... regulated activity. "No other entity in the Binance Group holds any form of UK authorisation, registration or licence to conduct regulated activity in the UK," the Financial Conduct Authority said.

Digital advice association in the works

CASSANDRA BALDINI  |  TUESDAY, 11 APR 2023
... consumers and advisers; and also broadening the understanding of how digital advice improves consumer protection and reduces conduct risk at the same time. "I appreciate our definition is not the only definition," he said. "But we define digital advice ...

Investor education combats emotions: Experts

ANDREW MCKEAN  |  TUESDAY, 11 APR 2023
Superannuation funds must prioritise members financial interests, guiding emotionally driven investors towards apt solutions for investment success. Brighter Super head of advice Steven O'Donoghue says that members can be driven by emotions in their ...

SG Hiscock commences abrdn fund changes

JAMIE WILLIAMSON  |  THURSDAY, 6 APR 2023
Changes to several abrdn funds are due to be rolled out this month, following the handover of its Australian equities business to SG Hiscock. The fund manager has notified investors that changes will be made to the abrdn Ex-20 Australian Equities Fund ...

Startup founder charged for defrauding JPMorgan

JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2023
... time, the US Attorney's Office for the Southern District of New York announced a criminal investigation into Javice's conduct, arresting her on Monday. She was charged with one count of conspiracy to commit bank and wire fraud, one count of wire ...

Linchpin, Endeavour directors found guilty

JAMIE WILLIAMSON  |  TUESDAY, 4 APR 2023
... conflict was not recognised and was not mitigated by the respondents in their respective roles as officers of Endeavour. "The conduct of Mr Daly and Mr Raftery respectively in entering into the Daly Loans and the Raftery Loan (as varied) fell short of ...

Former Octaviar director sees charges dropped

CHLOE WALKER  |  TUESDAY, 4 APR 2023
... charged with 26 counts in June 2019 before an additional charge was added in September 2019. At the time of the alleged conduct, between June 2012 and September 2015, Anderson was the sole director of Octaviar Investment Holdings No 3 (OIH3). ASIC said ...

Taskforce exposes rising dangers for retail investors

ANDREW MCKEAN  |  FRIDAY, 31 MAR 2023
A Retail Market Conduct Task Force report, issued by IOSCO, has revealed a series of escalating threats to retail investors. The findings will shape ASIC's strategic priorities concerning retail investor harm, focusing on crypto assets, sustainable ...

New Australian digital assets bill to regulate crypto

ANDREW MCKEAN  |  THURSDAY, 30 MAR 2023
... Custody, and Stablecoin Issuance. For Digital Asset Exchanges, the Bill proposes minimum capital requirements, participant conduct regulations, and governance measures to ensure transparency and security. It also mandates the segregation of customer ...