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Showing 671 - 680 of 1111 results for "Notice"

Credit Suisse fined for systems mishap

KARREN VERGARA  |  THURSDAY, 16 MAR 2017
Investment bank Credit Suisse was slapped with a $170,000 fine from the Australian Securities and Investment Commission for failing to have the appropriate price limits in place across its automated order processing (AOP) systems. The watchdog found ...

How women get ahead in financial services: Executive

EMMA RAPAPORT  |  FRIDAY, 10 MAR 2017
Profile: Siobhan Blewitt, Executive director, financial adviser, Morgan Stanley Wealth Management Even before Siobhan hit the trading floor, she was training herself for a career with the boys. Collecting glasses in the back of a Melbourne public bar ...

ASIC compensation skyrockets

KARREN VERGARA  |  THURSDAY, 9 MAR 2017
The amount of compensation for consumers and investors collected by ASIC in the second half of 2016 surged to $159.4 million, up from $13.4 million in the first half. The latest ASIC Enforcement Report shows 63 infringement notices were issued - $2.9 ...

We have made mistakes: CBA

KARREN VERGARA  |  TUESDAY, 7 MAR 2017
... the bank will: remove loan-to-value ratios for loans under $1 million; give small business customers at least 30 days' notice of changes to their contract and 90 days' notice of a decision on roll-over; and allow customers to close credit cards digitally. ...

What a drag

BENJAMIN ONG  |  FRIDAY, 3 MAR 2017
Along with household consumption, exports were the biggest contributor - both adding 0.5 percentage point -- to Australia's faster-than-expected 1.1% expansion in the fourth quarter of last year (expectations were for a 0.7% gain), that took the annual ...

Trump's tweets and deeds

BENJAMIN ONG  |  MONDAY, 6 FEB 2017
The times they are a-changin'. Three major central banks - the Bank of Japan (BOJ), the US Federal Reserve (Fed) and the Bank of England (BOE) - one day after another last week but did many give a hoot? Sure, it was hardly news because all three kept ...

Industry funds blame ATO for super underpayment

EMMA RAPAPORT  |  WEDNESDAY, 25 JAN 2017
Industry superannuation funds are blaming inadequate compliance measures by the Australian Taxation Office for the chronic underpayment of super contributions by employers. At a Senate inquiry in Melbourne today, Industry Super Australia (ISA) stated ...

ASIC calls time on super disclosure exemption

ALEX BURKE  |  FRIDAY, 20 JAN 2017
... employees, are not required to publish governing rules, recent actuarial reports and "summaries of each significant event notice made to RSE members in the previous two years." ASIC said this will change in July, when trustees will need to make all relevant ...

Second Sydney airport lacking investment return

EMMA RAPAPORT  |  THURSDAY, 19 JAN 2017
... Commonwealth government given the geographical and financial challenges of building the second airport. However, in their 'notice of intention', the government indicated that it expects the private sector to bear all the risks and fully fund the project. ...

ASIC imposes $40,000 penalty

EMMA RAPAPORT  |  TUESDAY, 17 JAN 2017
Financial services firm Pershing Securities paid a $40,000 infringement notice issued by ASIC's Markets Disciplinary Panel after a failure of its automated processing system. In a statement released by ASIC, the Markets Disciplinary Panel said they ...