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Showing 701 - 710 of 3495 results for "compliance"

Target market determinations have improved: ASIC

ANDREW MCKEAN  |  WEDNESDAY, 14 DEC 2022
... products in Australia." Hughes added that this review is part of a series of initiatives ASIC is undertaking to address compliance with design and distribution obligations (DDO). "ASIC is working on targeted, risk-based surveillance and enforcement action ...

More alpha gains through ops

ELIZABETH FRY  |  TUESDAY, 13 DEC 2022
... portfolios, further complicates the operational structure. Leaper goes on to say that funds need systems, risk management and compliance, governance, decision-making forums, and many more delegations from the board to support these changes. They need ...

BGL adds company tax return to software solution

CASSANDRA BALDINI  |  TUESDAY, 13 DEC 2022
... clients can now prepare and electronically lodge the 2022 Company Tax Return in Simple Invest 360, streamlining their compliance workflow. "This is a fantastic achievement and another industry first for the Simple Invest 360 product team, and I am incredibly ...

The most powerful driver of risk culture in super: KPMG

ANDREW MCKEAN  |  MONDAY, 12 DEC 2022
... outcomes amongst the super industry. Yet, there is a lack of maturity in utilising governance, risk management and compliance (GRC) capabilities resulting in limitations and challenges with preparing real-time, data-enabled reporting. KPMG said integrating ...

APRA, ASIC concerned over premium increases

CHLOE WALKER  |  FRIDAY, 9 DEC 2022
... contract between insurer and consumer; that marketing material and other documents are not misleading; and continued compliance with their legal obligations, including to act efficiently, honestly and fairly. To curb these discrepancies, ASIC and APRA ...

Trustees must improve IDR processes: ASIC

JAMIE WILLIAMSON  |  FRIDAY, 9 DEC 2022
... response letter, the review found 19% of the IDR policies in Stage 2 used highly complex language. Elsewhere, ASIC said compliance with the requirements related to systemic issues needs attention, while some board reports lacked sufficient detail on ...

ASIC commences proceedings over failure to comply

JAMIE WILLIAMSON  |  THURSDAY, 8 DEC 2022
... documents from a person, including a company. If a person fails to comply with such a request, ASIC can certify non-compliance and seek orders form the Court compelling production in the event the Court is satisfied that there has been non-compliance ...

ASIC suspends, cancels AFSLs

CHLOE WALKER  |  WEDNESDAY, 7 DEC 2022
... capacity to provide financial services. Failure to comply with reporting obligations can be an indicator of a poor compliance culture," ASIC stated. Since ASIC's surveillance, AFSL Group has applied for reinstatement of its AFCA membership. Both QFML ...

ASIC hands out more interim stop orders

CHLOE WALKER  |  MONDAY, 5 DEC 2022
... said that it expects APS Savings to consider the concerns raised regarding the TMD and take immediate steps to ensure compliance. It will consider making a final order if its concerns are not addressed in a timely manner. "We would like to remind financial ...

UK regulator looks to simplify advice

JAMIE WILLIAMSON  |  FRIDAY, 2 DEC 2022
... this year the FCA said it would look at the boundaries between financial advice and guidance to potentially ease the compliance burden on firms and ease costs to consumers.