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Showing 51 - 60 of 1466 results for "Responsibility"

AMP settles class action for $110m

KARREN VERGARA  |  MONDAY, 21 AUG 2023
... relating to fee for no service scandals and misleading regulators as exposed by the Royal Commission but claims no responsibility in settling for $110 million. The class action filed in June 2018, affected AMP shareholders whose share price tanked following ...

ASIC renews leadership team

CHLOE WALKER  |  FRIDAY, 18 AUG 2023
... promoted to senior executive leader, credit, banking, and general insurance. In his new role, Bourne will assume responsibility for the day-to-day supervision of regulated entities within the credit, banking, and general insurance industries. Elsewhere ...

Treasury kicks off managed investment scheme reforms

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
... real property, the fact that they are subject to dual jurisdictions should be reviewed. The federal government has responsibility for regulating financial products while states and territories are responsible for real property. "The overlap between jurisdictions ...

Federal Reserve raises interest rates to a 22-year high

CASSANDRA BALDINI  |  THURSDAY, 27 JUL 2023
... we remain strongly committed to bringing inflation back down to our 2% goal," he said. "Price stability is the responsibility of the Federal Reserve. Without price stability, the economy doesn't work for anyone. In particular, without price stability ...

Super sector falling behind in cyber security: Podcast

CASSANDRA BALDINI  |  MONDAY, 24 JUL 2023
... back-end administrators, even mail houses, there's probably been an assumption that cyber is the service provider's responsibility," he said. "Frankly, it doesn't stop at the third party, it extends to the fourth party as well, which complicates ...

Regulators begin FAR consultation

CHLOE WALKER  |  THURSDAY, 20 JUL 2023
... designed to improve the risk and governance cultures of all APRA-regulated entities by imposing a strengthened responsibility and accountability framework for those financial institutions. It is intended the FAR will become effective for ADIs six months ...

AMP adds three group executive roles

CASSANDRA BALDINI  |  THURSDAY, 20 JUL 2023
... is underway to fill a third senior role, group executive super and investments. The role will include combined responsibility for the superannuation-master trust and investments businesses. While the search is conducted, AMP director of transformation ...

Does ESG have a fiduciary issue?

ROSE MARY PETRASS  |  MONDAY, 17 JUL 2023
... Jenni Morawetz, Kirkland and Ellis partner in ESG and impact, said. Preqin head of ESG solutions and corporate responsibility Jaclyn Bouchard argued that if BlackRock stops using the term, environmental, social and governance will become more integrated ...

Michele Bullock to be next RBA governor

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
... now, the primary focus of this government is the cost of living pressures that people confront," he said. "We take responsibility for our part in easing the pressure on people providing cost of living help without making this inflation challenge wors ...

Maple-Brown Abbott names risk chief

ELIZABETH FRY  |  FRIDAY, 7 JUL 2023
... Sentier in several senior risk and compliance roles. As head of financial crime compliance, Birrell had direct responsibility for developing and leading the global financial crime program across Australia, the Cayman Islands, the UK, Asia and the US. ...