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

Search Results

Showing 781 - 790 of 18721 results for "ACT"

FINSIA chief executive steps down

ANGELIQUE MINAS  |  FRIDAY, 26 SEP 2025
FINSIA chief executive and managing director Yasser El-Ansary has announced that he is stepping down at the end of the month. FINSIA president David Cox celebrated El-Ansary for his significant contributions to the company during his tenure. "He led ...

Draft laws for insurers' ban on use of genetic test results released

JAMIE WILLIAMSON  |  THURSDAY, 25 SEP 2025
Treasury opened consultation on draft legislation to ban life insurers' use of genetic test results in underwriting. The release of the draft legislation follows the government's announcement in September 2024 that it would implement a total ban, following ...

Crypto providers to hold AFSL under proposed laws

MATTHEW WAI  |  THURSDAY, 25 SEP 2025
... regulate platforms that hold digital assets. The draft legislation introduces two new financial products within the Corporations Act - digital asset platform and tokenised custody platform. This means the existing consumer protections and licensing rules ...

RBA says ASX has 'considerable work to do'

ELIZA BAVIN  |  THURSDAY, 25 SEP 2025
... within the context of operating critical market infrastructure requires "careful navigation". "We have a strong imperative to act with urgency, and we must do this while balancing risks in a complex environment," he said. "The boards and management are ...

Macquarie to pay Shield victims in full

JAMIE WILLIAMSON  |  THURSDAY, 25 SEP 2025
... commenced proceedings in the Federal Court against Macquarie Investment Management Limited (MIML) after it admitted it did not act efficiently, honestly and fairly when it failed to place Shield on a watch list. ASIC has also accepted a court-enforceable ...

SMC calls for simplified retirement system

ELIZA BAVIN  |  WEDNESDAY, 24 SEP 2025
Super Members Council (SMC) has urged Treasury to simplify the retirement system, saying it is too complex. The comments come as a response to Treasury's consultation paper on best practice principles. SMC said it broadly supports the intent of ...

More than 75% of asset owners wary of trade disputes

ANGELIQUE MINAS  |  WEDNESDAY, 24 SEP 2025
The fourth annual Voice of the Asset Owner survey conducted by Morningstar Indexes and Morningstar Sustainalytics reveals how global asset owners are navigating an evolving investment landscape amid global disruptions and climate imperatives. It found ...

GIM director slapped with travel restraints

KARREN VERGARA  |  WEDNESDAY, 24 SEP 2025
Global Investment Marketing (GIM) director Darren Geddes has been barred from leaving the country for the next six months as ASIC alleges he misappropriated money via a sham bond investment scheme. ASIC did not provide details behind its allegations ...

Shield collapse brings wholesale governance to the forefront

RIDDHIMA TALWANI  |  WEDNESDAY, 24 SEP 2025
The failures of Shield Master Fund and First Guardian Master Fund has pushed governance to the forefront - particularly among wholesale investors, according to Magellan Financial Group. Sophia Rahmani, chief executive and managing director of Magellan ...

ASIC report a 'solid point of reference' for private credit guardrails

JAMIE WILLIAMSON  |  TUESDAY, 23 SEP 2025
Stakeholders have welcomed the findings of ASIC's interim report on Australia's private credit sector, saying it serves as a timely call for greater transparency. The report found there are many improvements to be made in the sector, particularly in ...