Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 475 results for "Conflicts of interest"

Super spending calls BFID compliance into question

JAMIE WILLIAMSON  |  TUESDAY, 24 JUN 2025
... The regulator also looked at the contributing factors to funds' expenditure decisions, including potential conflicts of interest, guidance related to spending, and monitoring and reporting. When it comes to decision-making, APRA said it found instances ...

ASIC takes action on Australian Fiduciaries

KARREN VERGARA  |  MONDAY, 16 JUN 2025
... status of their investments since May 2024. ASIC said its investigation concerns inadequate management of conflicts of interest. The ways investors were sold units in the schemes and how their funds were ultimately invested into a complex group of entities ...

Stakeholders ask ASIC for tougher private markets regulation

KARREN VERGARA  |  WEDNESDAY, 4 JUN 2025
... examination following concerns for potential non-investment risk-driven losses (e.g. through illiquidity, conflicts of interest and opaque fees)," ASIC said. The lack of transparency is a top issue among respondents. Private credit product providers ...

Licensees slash compliance spending: Survey

KARREN VERGARA  |  WEDNESDAY, 7 MAY 2025
... days of parliament. The law firm's 2025 Compliance Trends Survey also asked licensees about how they manage conflicts of interest. Two thirds of smaller businesses with up to 50 representatives said they have no conflicts of interest whatsoever. One ...

FNZ faces revolt from employee shareholders

KARREN VERGARA  |  TUESDAY, 29 APR 2025
... Zealand Companies Act 1993." The group of employees also believe that such actions "highlight significant conflicts of interest within the group and management" in 2024 and this year. FNZ has a total of US$1.7 trillion in assets under administration. ...

SQM places private credit sector on watch

MATTHEW WAI  |  FRIDAY, 21 MAR 2025
... elevated loan to value ratios (LVRs); and vertical and horizontal related party structures pointing to possible conflicts of interest. It also noted dubious marketing strategies involving financial advisers, mismatches between stated liquidity and the ...

Falcon Capital, First Guardian Master Fund set for liquidation

KARREN VERGARA  |  TUESDAY, 18 MAR 2025
... Court while it continues to investigate allegations against the parties that allegedly failed to manage conflicts of interest. The matter has been listed for hearing on April 9. Investors have been unable to redeem their money since May 2024, when Falcon ...

Beware creep of cancel culture into super fund governance: Lawyer

ANDREW MCKEAN  |  FRIDAY, 7 MAR 2025
The prudential regulator is calling for the consideration of perceived conflicts of interest and reputational risks when appointing directors, and while it's easy to think of cases where this would be appropriate, Gilbert + Tobin partner Luke Barrett ...

SEC drops civil enforcement case against Coinbase

ANDREW MCKEAN  |  MONDAY, 3 MAR 2025
... agency, and national securities exchange deprived investors of key protections, including safeguards against conflicts of interest. It also charged Coinbase with failing to register the offer and sale of its crypto asset staking-as-a-service program. ...

ASIC turns up the heat on private markets

KARREN VERGARA  |  WEDNESDAY, 26 FEB 2025
... surrounding private credit. The approaches taken by firms around treatment of upfront fees, management of conflicts of interest and valuation practices will continue to come under scrutiny both by regulators, media, and other investors in the fund."