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Showing 51 - 60 of 297 results for "Watchdog"

BlackRock readies for crypto exposure

KARREN VERGARA  |  FRIDAY, 22 JAN 2021
... investing in cryptocurrency, priming two of its global funds to potential exposure to bitcoin futures. Two filings with US watchdog the Securities and Exchange Commission reveal that two of BlackRock's funds - the BlackRock Global Allocation Fund and ...

ASIC slams auditors

KARREN VERGARA  |  WEDNESDAY, 23 DEC 2020
... conditions in their audits," she said. ASIC launched its review into audits in 2019. While it is still early days, the watchdog is aiming to enforce actions against auditor misconduct, delve into conflicts of interest, and force more transparency in ...

ASIC takes action on Union Standard

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... which clients could generate. Union Standard also traded in margin FX products to clients in China in circumstances, the watchdog claimed, it was illegal for Chinese residents to deal or trade in those foreign exchange contracts. ASIC alleged Union Standard's ...

ACCC gives IOOF go ahead

ANNABELLE DICKSON  |  TUESDAY, 15 DEC 2020
... IOOF to acquire MLC Wealth as the combined firm will face competition in all aspects of wealth management. The consumer watchdog said it does not oppose IOOF's $1.4 billion acquisition of MLC Wealth despite both firms supplying platforms for superannuation ...

NZ looks to recognise qualified Aussie advisers

KARREN VERGARA  |  WEDNESDAY, 28 OCT 2020
... New Zealand without meeting the country's qualifications as early as 15 March 2021. New Zealand's financial services watchdog the Financial Markets Authority (FMA) is proposing to recognise Australian advisers who demonstrate competence, knowledge and ...

RBA, ASIC provide CHESS guidance

ALLY SELBY  |  FRIDAY, 2 OCT 2020
... the functional/technical aspects of the replacement system, and the ASX's management of associated risks, the corporate watchdog said. "In order to demonstrate its readiness to migrate to the new system, ASX is expected to provide independent assurances ...

ASIC, IOSCO report on debt capital raisings

ALLY SELBY  |  THURSDAY, 24 SEP 2020
The corporate watchdog has released a report into its findings on debt capital raisings following two years of surveillance of market practices. ASIC's 668 Report noted that while a properly functioning debt capital market (DCM) is vital for the real ...

ASIC wealth director nabs promotion

ALLY SELBY  |  THURSDAY, 24 SEP 2020
The corporate watchdog's executive director of wealth management has nabbed a promotion and will now assume the role of ASIC's executive director of financial services. Joanna Bird has been appointed in the role after many years with the regulator and ...

ASIC provides relief to Victorian advisers

ALLY SELBY  |  TUESDAY, 22 SEP 2020
The corporate watchdog has shifted to a no-action position on fee disclosure statements and renewal notice obligations for financial advice businesses in Victoria. The no-action applies to AFS licensees and representatives where their business is solely ...

Rapper charged over crypto scandal

ALLY SELBY  |  MONDAY, 14 SEP 2020
... digital-asset trading platform for CoinSpark - but instead he allegedly misappropriated the funds raised in the offerings. The watchdog alleged the film producer secretly transferred FLiK tokens to himself and sold them for an additional US$2.2 million ...