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Showing 61 - 70 of 2511 results for "Regulation"

Pacific Equity Partners finances reverse mortgage lender

ANDREW MCKEAN  |  MONDAY, 14 AUG 2023
... globally by including home equity among the three pillars of retirement funding and Australia has the world's best regulation to help ensure responsible access to home equity retirement funding. "We need to commit to clear principles that deliver ...

APRA finalises framework for MySuper products

ANDREW MCKEAN  |  THURSDAY, 10 AUG 2023
APRA has released a technical determination, aiming to standardise the amalgamation of MySuper product performance histories. The announcement marks the culmination of consultations held in April 2023. The Superannuation Technical Determination No.1 ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  TUESDAY, 8 AUG 2023
... said. "Some firms had failed to fully implement the disclosure requirements introduced in the Low Carbon Benchmarks Regulation (UK version of Commission Delegated Regulation (EU) 2019/2089). We also evaluated the robustness and reliability of ESG benchmarks. ...

eToro sued by ASIC

ANDREW MCKEAN  |  THURSDAY, 3 AUG 2023
ASIC has launched legal proceedings against eToro, alleging breaches of design and distribution obligations regarding its contract for difference (CFD) product. The case focuses on the appropriateness of eToro's target market, and the screening ...

NGS ahead of schedule on net zero strategy

RACHEL ALEMBAKIS  |  FRIDAY, 28 JUL 2023
... researching carbon markets to gain a better understanding of the factors that may affect how carbon markets evolve, such as regulation, liquidity and transparency, which Squires says is required. "We could go out and buy natural capital tomorrow and ...

Industry grapples with looming cyber threats

CHLOE WALKER  |  THURSDAY, 27 JUL 2023
... focused on pre-paring for future cyber-attacks," Kallenbach says. This is driven, in part, by layers of cyber-related regulation, including the Privacy Act, the Corporations Act, and the Security of Critical Infrastructure Act. Moreover, with the recent ...

Credit Suisse fined $575m by regulators

CASSANDRA BALDINI  |  TUESDAY, 25 JUL 2023
... Management. The US Federal Reserve has issued Credit Suisse a $394.84 million (US$268.5) fine while the Prudential Regulation Authority (PRA) has hit the bank with $165 million (£87 million). Due to its acquisition of Credit Suisse, UBS will be responsible ...

Aware Super migrates members to Bravura platform

ANDREW MCKEAN  |  MONDAY, 24 JUL 2023
Two years after announcing its major digital overhaul, Aware Super has reported tangible benefits from its transition to the Bravura Sonata Alta platform. Aware Super chief executive Deanne Stewart noted the move, initially driven by the need to consolidate ...

Monochrome files for first Bitcoin ETF in Australia

ANDREW MCKEAN  |  TUESDAY, 18 JUL 2023
... crypto-asset class." "Providing these regulated and more secure rails means investors have a much higher degree of regulation when seeking this type of exposure, with both industry and investors emerging as winners." ASIC's framework for crypto-asset ...

US regulators launch investigation into OpenAI

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
... course, we will work with the FTC." The technology has come under global scrutiny as it continues to emerge ahead of its regulation. Last month, Prime Minister Anthony Albanese announced further steps would be taken to ensure the growth of artificial ...