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

Search Results

Showing 51 - 60 of 878 results for "Oversight"

ASIC cancels AFSL of Capital Guard over fake bond sale

ELIZA BAVIN  |  FRIDAY, 3 JUL 2026
... Capital Guard's operations, including failures to notify ASIC of changes in control and to maintain proper accounts and oversight; and maintain adequate resources, competence and compliance arrangements required to operate as an AFS licensee. ASIC said ...

APRA names new deputy chairs

VINNY VUCAGO  |  FRIDAY, 3 JUL 2026
... Suzzanne Smith will continue overseeing general, life and private health insurance. APRA chair John Lonsdale will retain oversight of super until Bradbury commences. Lonsdale said the appointments strengthen the regulator's leadership at a time of ...

Stablecoins a key to instant access to global credit markets

MATTHEW WAI  |  TUESDAY, 30 JUN 2026
... regulated frameworks, we move closer to a financial system where capital can flow more freely, without compromising trust or oversight." Meanwhile, Jiang is also observing more private credit products being offered in a tokenised form to make investment ...

Advice fee spike raises super concerns: SMC

VINNY VUCAGO  |  MONDAY, 29 JUN 2026
... also found the growth rate in advice fees had nearly tripled over the past two years, reinforcing the need for stronger oversight of advice fee deductions. It is calling for fee caps, enhanced trustee oversight, greater transparency across super products ...

Mercer Super fined $10.3m for reportable situations failures

KARREN VERGARA  |  MONDAY, 29 JUN 2026
... consumers and exposed fundamental weaknesses in Mercer Super's systems and processes. "This was not an isolated oversight. It was a sustained systemic issue that continued for years after the regime was introduced, which is unacceptable for a fund ...

ASIC calls out platform trustees: 'Clear breach of trust'

RIDDHIMA TALWANI  |  MONDAY, 29 JUN 2026
... retirement savings of Australians on platforms even after repeated warnings from regulators about the dangers of poor oversight. ASIC's report Safeguarding super: How well are platform trustees monitoring risks to retirement savings, reviewed six platform ...

ASIC sues three Keystone Asset Management directors

KARREN VERGARA  |  FRIDAY, 26 JUN 2026
... alleges this was not the case and funds were transferred without basic safeguards, including proper security, valuations, oversight or management of conflicts. The directors used members' money for unauthorised purposes without a sufficient connection ...

Corruption, governance risks: The cost of doing business in emerging markets?

KARREN VERGARA  |  FRIDAY, 26 JUN 2026
... resources into sustainable economic growth. "For somewhere with unbelievably rich mineral wealth but no governance or oversight over licensing and permits, what that means is you get someone who's very corrupt coming along and paying for that licence," ...

BUSSQ beefs up cyber security oversight

MATTHEW WAI  |  FRIDAY, 26 JUN 2026
The Queensland industry fund has welcomed a cyber security expert to its board of trustees, bolstering its oversight on heightened cyber security risk. Matthew Rowan has joined the board as a director; he has been an expert committee member since August ...

APRA investigating Diversa's executive compensation

RIDDHIMA TALWANI  |  THURSDAY, 25 JUN 2026
... prudential regulator said it has concerns relating to Diversa's investment governance frameworks and practices, including oversight of platform investment options made available to members. Diversa acts as trustee for 10 registrable superannuation ...