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Showing 61 - 70 of 849 results for "Code"

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 ...

Adviser suspended over wrongful use of ROAs

JAMIE WILLIAMSON  |  MONDAY, 25 NOV 2024
... could not be substantiated," the FSCP said. "The Sitting Panel found that the relevant provider failed to demonstrate the Code of Ethics' values of competence, fairness and diligence and breached Standards 1, 2, 5, 6 and 8." Reid will be able to provide ...

JANA snags Ignition Advice executive

MATTHEW WAI  |  THURSDAY, 21 NOV 2024
... its chief platform and technology officer, has taken on the role. Mahoney led Ignition Advice's development of a low-code digital advice platform for global clients. He brings over 30 years of digital financial services experience having worked in ...

ASIC sues NAB for failing customers

ELIZA BAVIN  |  MONDAY, 18 NOV 2024
... NAB's failures likely compounded the already challenging situation for these people." Under section 72 of the National Credit Code, if a consumer notifies their lender that they are or will be unable to meet their credit obligations, lenders must consider ...

Non-bank lender sued for dodging Credit Code

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2024
The corporate regulator is suing Oak Capital, alleging it deliberately circumvented the National Credit Code by writing loans to companies it knew were for individuals before repossessing their homes when they couldn't repay. Oak Capital is a private ...

Global X launches defence technology ETF

ANDREW MCKEAN  |  WEDNESDAY, 9 OCT 2024
... DTEC as an "attractive option for investors seeking capital growth." The ETF has been available in the US under the ticker code SHLD and has gathered more than US$500 million in net assets since listing less than one year ago. SHLD has returned over ...

Betashares launches defence ETF

KARREN VERGARA  |  TUESDAY, 8 OCT 2024
... and military equipment and technology. Betashares Global Defence ETF was admitted on the ASX on October 4 under the ticker code ARMR. It invests in up to 60 companies that earn over 50% of revenues from developing and manufacturing military and defence ...

Nanuk fund lists as currency hedged ETF

KARREN VERGARA  |  WEDNESDAY, 2 OCT 2024
... exchange-traded fund (ETF) on the ASX. The New World Fund (Currency Hedged) Active ETF was admitted on the ASX under ticker code NNWH on September 30. The fund invests in companies that are likely to benefit from or contribute to improving global environmental ...

Scams prevention framework consultation released

ELIZA BAVIN  |  MONDAY, 16 SEP 2024
Treasury has released the Scams Prevention Framework for consultation with harsh penalties proposed for financial services firms that don't do enough to prevent scams. The government is planning to introduce mandatory codes that would requires financial ...

AFCA consults on superannuation life insurance disputes

ANDREW MCKEAN  |  TUESDAY, 10 SEP 2024
The Australian Financial Complaints Authority (AFCA) is seeking feedback on how it approaches dealing with common life insurance related complaints. The external dispute resolution company is specifically consulting on two draft approach documents for ...