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Showing 681 - 690 of 6430 results for "Regulatory"

Large financial firms falling behind on AI adoption

ELIZA BAVIN  |  THURSDAY, 6 MAR 2025
... the technology. "Large institutions have a lot of people, a lot of complexity, and a lot of eyeballs on them from the regulatory side," Kollo said. "For these companies, it was much easier to shut down AI at the beginning. And they have probably spent ...

Insurance through superannuation stages a comeback

ANDREW MCKEAN  |  TUESDAY, 4 MAR 2025
... hit, with insured lives falling 36% from 2.04 million in 2018 to 1.51 million in 2023 - likely collateral damage from regulatory changes to the provision of financial advice, a shrinking adviser pool, and increased premiums. However, in the year to June ...

Treasury responds to CHESS replacement inquiry

ELIZA BAVIN  |  TUESDAY, 4 MAR 2025
Treasury has released its response following the Parliamentary Joint Committee on Corporations and Financial Services report, Competition in clearing and settlement and the ASX CHESS Replacement Project: The CHESS Replacement Project is too important ...

SEC drops civil enforcement case against Coinbase

ANDREW MCKEAN  |  MONDAY, 3 MAR 2025
... formation of the SEC's Crypto Task Force in January, which is "dedicated to helping develop a comprehensive and clear regulatory framework" for crypto assets, the SEC said. For the last several years, the SEC has largely communicated its stance on crypto ...

Freezing order slapped on First Guardian Master Fund, Falcon Capital

KARREN VERGARA  |  MONDAY, 3 MAR 2025
ASIC has taken action to freeze the assets of the First Guardian Master Fund and its responsible entity Falcon Capital nearly one year after investors were locked out from accessing their funds. The First Guardian Master Fund is run by First Guardian ...

CSC-backed fund manager to launch in Netherlands

ELIZA BAVIN  |  FRIDAY, 28 FEB 2025
... share, while Verberk and other key investment professionals will hold a majority interest in the new entity. Subject to regulatory approval from the Dutch Authority for the Financial Markets (AFM) the new fixed income asset manager plans to launch in ...

Annuities' capital settings due for change: APRA

KARREN VERGARA  |  FRIDAY, 28 FEB 2025
... other factors. Challenger chief executive Nick Hamilton said the proposed change promises to be the most significant regulatory update for life insurers since the establishment of the current capital framework 12 years ago. "These amendments will be ...

Court acts against two with links to Shield Master Fund

JAMIE WILLIAMSON  |  THURSDAY, 27 FEB 2025
The Federal Court has made orders against two individuals in connection to ASIC's investigation into the Shield Master Fund collapse. The $480 million Shield Master Fund collapse will likely see its 5800-plus investors cop significant losses, with the ...

ASIC turns up the heat on private markets

KARREN VERGARA  |  WEDNESDAY, 26 FEB 2025
ASIC is setting its sights on the private markets sector, flagging it will pay particular attention to the surging popularity of opaque private debt investments. The regulator lays out its concerns in discussion paper, Australia's evolving capital ...

ASIC bans Brisbane-based financial services director

ELIZA BAVIN  |  TUESDAY, 25 FEB 2025
ASIC has banned JB Markets director Peter Aardoom from providing financial services, controlling an entity that carries on a financial services business and performing any function involved in the carrying on of a financial services business for eight ...