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Showing 761 - 770 of 4096 results for "Conduct"

Insurance, retirement product excellence recognised

CHLOE WALKER  |  FRIDAY, 28 OCT 2022
TAL, Generation Life, MLC Life and Challenger were among the winners at last night's annual Plan For Life Excellence Awards in Sydney. Now in their ninth year, the awards aim to celebrate achievements in product design and innovation across life ...

Nuveen to acquire Arcmont Asset Management

ANDREW MCKEAN  |  FRIDAY, 28 OCT 2022
... held by Dyal Capital Partners IV. The transaction is expected to close in the first half of 2023, subject to Financial Conduct Authority (FCA) and other regulatory approvals.

Australia among top 10 financially inclusive markets: Research

CASSANDRA BALDINI  |  THURSDAY, 27 OCT 2022
Australia has been ranked the seventh most financially inclusive market out of 42 around the globe. Principal Financial Group's Global Financial Inclusion Index, conducted by the Centre for Economics and Business Research, is built around three pillars ...

ANZ told to pay $25m for 20-year failure

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2022
... remediating them. Although the nature of the acts or omissions comprising the contraventions was that of inadvertence, the conduct continued as long as it did because of inadequacies within ANZ's systems, which were compounded by inaction or ineffective ...

ASIC appeals CFS, CBA decision

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2022
... and 2019, with close to 400,000 customers signed up. However, the court dismissed the proceedings last month saying the conduct did not constitute benefits under the definition of 'conflicted remuneration'. At the time, ASIC said it would carefully consider ...

Chalmers delivers on childcare

CHLOE WALKER  |  WEDNESDAY, 26 OCT 2022
... and development and their readiness for school." The changes will cost about $4.7 billion in total. The ACCC will also conduct a 12-month inquiry into rising early childhood education and care costs. Commencing in January 2023, the inquiry will also ...

ASIC finds shortcomings in wholesale market practices

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
... financial markets, encouraging participants in these markets to benchmark themselves against industry standards. Report 741 Conduct risk in wholesale fixed income markets (REP 741) and Report 742 Managing conflicts of interest in wholesale financial ...

CommSec, AUSIEX to pay $27m penalty

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
... intermediary identification in regulatory data submitted to relevant operators. "The number, breadth and duration of the Reported Conduct is significant and indicates that CommSec and AUSIEX did not have adequate systems and processes in place to ensure ...

ASIC sues BPS Financial over crypto claims

CASSANDRA BALDINI  |  TUESDAY, 25 OCT 2022
... Financial (BPS). The regulator alleged BPS made false, misleading, or deceptive representations and engaged in unlicensed conduct in relation to a non-cash payment facility involving a crypto-asset token called Qoin (the Qoin Facility). ASIC further ...

Link seeks to offload Fund Solutions

ANDREW MCKEAN  |  THURSDAY, 20 OCT 2022
... Securities as advisers. As previously reported by Financial Standard, in September, Link announced that the UK Financial Conduct Authority (FCA) had issued a draft warning to Link Fund Solutions about its role as an authorised corporate director to the ...