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Showing 51 - 60 of 3009 results for %22Compliance%22

Bitcoin ETFs given green light by US regulator

ANDREW MCKEAN  |  THURSDAY, 11 JAN 2024
... decision also doesn't reflect the SEC's stance on the legal status of other crypto assets or the existing non-compliance issues among some market participants. Meanwhile, SEC commissioner Caroline Crenshaw expressed strong dissent, labelling ...

Court fines Linchpin, Endeavour directors

KARREN VERGARA  |  THURSDAY, 11 JAN 2024
... took this case because we believed reasonable steps were not being taken by the directors to comply with their own compliance plan and obtain member approval for loans." "Today's penalties are significant and should act as a reminder to directors of ...

Insignia Financial class action dismissed by court

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2024
... infrastructure and its Research team, instances of suspected insider trading, plagiarism of third-party research, and further compliance breaches. The action alleged this lack of disclosure resulted in investors paying inflated prices for their shares ...

ASIC, APRA slam premium hikes

KARREN VERGARA  |  FRIDAY, 15 DEC 2023
... stepped premiums," the letter read. The regulators warned insurers to "strengthen their risk management frameworks and compliance assurance around re-rating practices". "Life companies should examine their contracts to ensure that the terms about how ...

Boards unprepared for new workplace laws: Research

ROSE MARY PETRASS  |  THURSDAY, 14 DEC 2023
... outcomes. Directors overwhelmingly saw the positive duty as an opportunity to drive cultural change, rather than a compliance exercise. A majority - 70% - of directors said their organisation has set recruitment and promotion targets to achieve gender ...

AMP revamps Jigsaw Advice Solutions

JAMIE WILLIAMSON  |  THURSDAY, 14 DEC 2023
... financial advisers. AMP has overhauled Jigsaw's offering, introducing an enhanced Essentials package. It already includes compliance support such as Responsible Manager training, education support, documentation templates, and other business solutions ...

'Significant deficiencies' lead APRA to act against NGS Super

JAMIE WILLIAMSON  |  FRIDAY, 8 DEC 2023
... in April of this year at APRA's request following the attack. "The reviews identified deficiencies in NGS' compliance with Prudential Standard CPS 234 - Information Security (CPS 234), while the cyber incident involved a significant amount of ...

QAR final response winds clock back, says FAAA

JAMIE WILLIAMSON  |  THURSDAY, 7 DEC 2023
... tranche legislation as it is currently drafted will have much impact on reducing unnecessary processes, paperwork, and compliance steps. "Rather than fixing the red tape to get consumer costs down, the government appears to be handing back to institutions ...

Nomura offshoot fined by ASIC disciplinary panel

JAMIE WILLIAMSON  |  THURSDAY, 7 DEC 2023
... "The MDP considered Instinet was negligent as it should have had procedures in place to prevent or detect possible non-compliance with the Rules applicable to crossing systems," the MDP said. Finally, Instinet was considered to have failed to update ...

ASIC curbs high-risk offers from online trading providers

ANDREW MCKEAN  |  WEDNESDAY, 6 DEC 2023
... business models, and product portfolios of various online trading providers to evaluate potential risks and verify their compliance with financial services legislation.