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| | | ... harm", ASIC said. It also said that, in the initial trial, ASIC was operating under what it now accepts to be a mistaken view of the law. Commenting, ASIC deputy chair Sarah Court said the regulator will consider the judgment very carefully and evaluate ... |
| | | | ... in October of that year. Class actions ensued and Link Fund Solutions is a defendant in several. The FCA said its current view is that Link Fund Solutions may be required to pay redress of up to $522 million based on misconduct, though this is not a ... |
| | | | ... tracker and can track over 50 different forms and 398 transaction types. It also provides advice practices with a business view of their transactions and forms, saving substantial follow-up time, possibly up to 50 hours per year for an advice practice ... |
| | | | ... AUSTRAC national manager, education, capability and communication Daniel Mossop said that, from a regulator's point of view, vulnerability means risk, but often they're just different sides of the same coin. "At AUSTRAC, we tend to think about ... |
| | | | ... markets were pricing in an 83% chance of a 50 basis point hike to 2.35%, with just a couple of major banks taking a contrarian view by forecasting a 25 basis point hike." "The RBA is aware that this is a double-edged sword. A tight labour market, strong ... |
| | | | Voting for the 2022 FS Power50, which recognises the most influential financial advisers in Australia, closes today. This year, Financial Standard received 180 nominations. This was whittled down to a shortlist of 115. So far, the list has attracted ... |
| | | | ... and NSFR. While Westpac's LCR and NSFR are comfortably above regulatory minimums, APRA's actions reflect how seriously we view breaches of our prudential requirements." Westpac has since completed a program to remediate findings from an independent review ... |
| | | | ... be regulated or prescribed, an approach that underpins all her proposed changes. Chief among those proposals is Levy's view that the financial services regime should only regulate the provision of personal financial advice. "The definition of 'personal ... |
| | | | ... contingent on stable and reliable cash flows," it said. Such an outcome would be consistent with treasurer Jim Chalmers' view that the interests of members, funds, the economy and the country are inseparable. However, while the diversification benefits ... |
| | | | While headwinds are challenging capital markets globally, MinterEllison's latest report suggests that the Australian market remains resilient. The report reflects the viewpoints of a group of capital markets experts, as they discussed trends and the ... |
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