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Showing 781 - 790 of 6457 results for "regulatory"

Trustee valuation processes 'concerning': APRA review

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2024
Many superannuation trustees have been told they must improve their valuation governance practices, with APRA finding just 11 have dedicated valuation committees while others involve staff members whose remuneration is tied to asset values in the process. ...

Invest Blue expands offering with new acquisition

ELIZA BAVIN  |  TUESDAY, 17 DEC 2024
... environment, we will be well positioned to take advantage of favourable themes. Including increasing demand for advice and regulatory changes aimed at making advice more affordable and accessible."

CapitaLand buys Wingate, expands local presence

MATTHEW WAI  |  MONDAY, 16 DEC 2024
... billion from Wingate. It is noted that the final transaction close is subject to the fulfilment of conditions, including regulatory approval and is expected to be completed in the coming months. The strategic acquisition of Wingate also follows CapitaLand ...

ASIC sues HSBC Australia over $23m scam losses

MATTHEW WAI  |  MONDAY, 16 DEC 2024
ASIC has launched legal proceedings against HSBC Bank Australia in the Federal Court, alleging the latter failed to "adequately protect customers", resulting in losses of about $23 million through nearly 1000 unauthorised transactions. ASIC said the ...

Crypto operator to fork out millions after court ruling

ANDREW MCKEAN  |  FRIDAY, 13 DEC 2024
... first penalty against an entity for failing to have a TMD and a reminder for digital assets firms to consider their regulatory compliance obligations," Longo said. ASIC maintains that many products offered by digital asset firms are captured by the current ...

First Sentier expands mandate with Northern Trust

MATTHEW WAI  |  THURSDAY, 12 DEC 2024
... Trust will integrate custody, depositary/trustee services, fund accounting, share-class hedging, transfer agency and regulatory reporting services for First Sentier. These services will be rolled out across the manager's public market fund business in ...

FAAA slams 'underlying issues' in CSLR

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
... generated by the Dixon business group from the US Masters Residential Property Fund (URF) product, the extent to which the regulatory focus on the financial advice provided to Dixon Advisory clients ignored the serious failings in the product manufacturing ...

MLC Life and Resolution Life Australasia to merge

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2024
... operate separately. The transaction is set to be completed in the second half of the 2025 calendar year, subject to regulatory approvals.

Funds are 'getting back to basics', says report

ANDREW MCKEAN  |  TUESDAY, 10 DEC 2024
... most attractive emerging market, up from 38% last year, driven by strong macroeconomic fundamentals and a favourable regulatory environment. Notably, large funds like the Korea Investment Corporation and Abu Dhabi Investment Authority have established ...

AFCA completes independent review of operations

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
The Australian Financial Complaints Authority (AFCA) has announced the completion of a three-year program responding to the 2021 Independent Review of its operations. AFCA said the work had redefined its approach to external dispute resolution. The ...