Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 721 - 730 of 4130 results for "Conduct"

NZ advisers begin new licensing regime

KARREN VERGARA  |  FRIDAY, 17 MAR 2023
... Amendment Act (FSLAA), which took effect in 2019. The act also mandates advisers to adhere to the Code of Professional Conduct for Financial Advice Services, the standards that set out expected ethical behaviour and competence, knowledge and skill. Hewes ...

Link Group agrees to sell BCM arm

CHLOE WALKER  |  FRIDAY, 17 MAR 2023
... Financial Holdings (LCFH). The transaction is expected to complete in the second half of the year, subject to the Financial Conduct Authority, the Central Bank of Ireland, and the Dutch Authority for the Financial Markets approval. Link Group said its ...

Advice group chief fakes exam result, banned

JAMIE WILLIAMSON  |  THURSDAY, 16 MAR 2023
... financial services company, and performing any function involved with running a business. "ASIC identified Mr Karamian's conduct through a proactive review of individuals who were listed as current financial advisers on the FAR despite not having passed ...

HSBC bails out Silicon Valley Bank UK

CASSANDRA BALDINI  |  TUESDAY, 14 MAR 2023
... chair Jerome Powell. The Fed advised the review report will be released at the start of May. "We need to have humility and conduct a careful and thorough review of how we supervised and regulated this firm, and what we should learn from this experience," ...

Court fines ANZ for dodgy introducer program

KARREN VERGARA  |  MONDAY, 13 MAR 2023
... changes to its home loan processes." "As part of the settlement, ANZ has agreed that its Customer Fairness Advisor will conduct a review of its Home Loan Introducer Program." ASIC deputy chair Sarah Court commented: "By failing to have robust compliance ...

Gender lens approach wins: Steed

CHLOE WALKER  |  FRIDAY, 10 MAR 2023
Approaching investment opportunities through a gender lens is key to realising outperformance, according to Melior Investment Management's Lucy Steed. Speaking at KPMG's International Women's Day event in Sydney yesterday, Steed said her view is backed ...

Dodgy advice bill nears $5bn: ASIC

CASSANDRA BALDINI  |  FRIDAY, 10 MAR 2023
... non-compliant advice. For example, personal advice provided to a retail client by an adviser who did not comply with the relevant conduct obligations in the Corporations Act, such as the obligations to give appropriate advice or to act in the best interests ...

Government introduces FAR, CSLR Bills

ANDREW MCKEAN  |  WEDNESDAY, 8 MAR 2023
... deferred remuneration, and notification obligations. Accountability obligations require entities and their top executives to conduct their businesses honestly and with care, skill, and diligence. Key personnel obligations require entities to nominate ...

In need of repair: Gender stereotypes and advice

KARREN VERGARA  |  TUESDAY, 7 MAR 2023
If a male and female customer, each experiencing the same car troubles, take their vehicles for repairs to the same mechanic, who is more likely to get ripped off? That a woman will end up paying more is a tired cliché that continues to play out in ...

QAR does not "trash" FoFA: Anderson

CASSANDRA BALDINI  |  TUESDAY, 7 MAR 2023
The Quality of Advice Review's final report (QAR) does not "trash" or go against the Future of Financial Advice (FoFA) reforms, says Association of Financial Advisers (AFA) chief executive Philip Anderson. Labeling QAR "the most important review of ...