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Showing 771 - 780 of 6432 results for "Regulatory"

BlackRock makes US$12bn acquisition

MATTHEW WAI  |  WEDNESDAY, 4 DEC 2024
... technology, differentiate our ability to serve clients." The transaction is expected to close in mid-2025 subject to regulatory approvals and customary closing conditions.

Self-regulation on the cards: FAAA

KARREN VERGARA  |  THURSDAY, 28 NOV 2024
... professional financial planners are being challenged more than ever before. The rapid pace and uncertainty surrounding regulatory change, rising costs, falling numbers of professional financial advisers, and improving public perceptions of our profession ...

Regulators warn of possible issues with FAR reporting

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
APRA deputy chair Margaret Cole and ASIC deputy chair Sarah Court have sent a letter to superannuation trustees reminding them of their obligations under the Financial Accountability Regime (FAR) before it takes effect next year. The FAR commenced for ...

Illegal investment scheme operator to pay $1.25m

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
The Federal Court has ordered Sasha Hopkins to pay $1.25 million and be disqualified for four years, in proceedings brought by ASIC. The court also ordered that The A Team Property Group, five of the investment schemes and associated companies be wound ...

BlackRock, State Street, Vanguard sued over climate stance

JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2024
Texas and 10 other Republican-led states are suing BlackRock, State Street and Vanguard, saying their climate activism violated antitrust laws and caused reduced coal production and higher energy prices. Texas Attorney General Ken Paxton filed a case ...

Super funds 'playing to their strengths' in private markets

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
... super funds have their drawbacks, including valuations being less frequent compared to public assets and a lack of regulatory oversight. "A sharp, sudden economic jolt may see listed equities devalued instantaneously; private assets, meanwhile, may not ...

Macquarie fined $25m over 400 fake trades

MATTHEW WAI  |  WEDNESDAY, 27 NOV 2024
The UK's Financial Conduct Authority (FCA) has fined Macquarie Bank's London Branch (MBL) $25 million (£13m) for enabling one of its employees to record over 400 fictitious trades over a 20-month period. The fictitious trades also cost MBL an estimated ...

Top asset owners return to growth: Study

JAMIE WILLIAMSON  |  TUESDAY, 26 NOV 2024
... necessitated asset owners to take a more sophisticated approach in managing the intersections between financial return and regulatory compliance."

Can technology help advisers service the masses?

KARREN VERGARA  |  TUESDAY, 26 NOV 2024
... ability to deliver advice in a compliant way. In that respect, compliance has overplayed its hand from a government regulatory perspective," he said. This outcome mirrors that of the UK government's Retail Distribution Review (RDR), which has been ...

ASIC flags regulatory guide updates for 2025

ELIZA BAVIN  |  TUESDAY, 26 NOV 2024
The Australian Securities and Investments Commission (ASIC) has announced it intends to update some key regulatory guides in 2025. ASIC said it regularly reviews and updates regulatory guides to ensure they remain simple to follow, effective, current ...