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Showing 61 - 70 of 283 results for "Safeguard"

Magellan appoints new chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 11 MAY 2022
Magellan Financial Group has named its new chief executive and managing director, hiring from the Future Fund. Currently deputy chief investment officer, public markets at Future Fund, David George will take on the top job at embattled Magellan from ...

NAB evades AUSTRAC fine for non-compliance

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
National Australia Bank (NAB) has avoided a civil penalty for issues related to anti-money laundering and counter-terrorism financing (AML-CTF) laws. Unlike the Commonwealth Bank and Westpac which received gargantuan fines for AML-CTF breaches, NAB ...

DTCC poaches longstanding BNY Mellon executive

CHLOE WALKER  |  TUESDAY, 26 APR 2022
The Depository Trust & Clearing Corporation (DTCC) has appointed Francis (Frank) La Salla as president and chief executive of the company, effective August 12. La Salla joins DTCC following a 28-year career at BNY Mellon, where he held several senior-level ...

ASIC to strengthen market integrity rules

KARREN VERGARA  |  FRIDAY, 11 MAR 2022
... significant real-world consequences." "Our new rules set minimum expectations and controls to mitigate these risks and help to safeguard the integrity and resilience of Australia's markets."

Biden signs executive order on digital assets

JAMIE WILLIAMSON  |  THURSDAY, 10 MAR 2022
... recommendations to address implications of the sector's growth and encourages regulators to ensure sufficient oversight and safeguard against systemic risks. The Financial Stability Oversight Council must also do the same. Among other things, the ...

Equity Trustees hires from Warakirri

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 FEB 2022
Equity Trustees has expanded its asset management team with the appointment of a responsible investing lead. The newly created role at Equity Trustees has been filled by Dilan Ashton. Ashton will be based in the Sydney office as general manager, responsible ...

Trading platform cops $110k fine

KARREN VERGARA  |  TUESDAY, 18 JAN 2022
A trading platform has copped a fine of $110,250 for breaching enquiry rules and compliance obligations. BGC Partners breached the ASX 24's trading rules on two occasions on 22 March 2019, according to the Markets Disciplinary Panel, by transacting ...

Proxy advice reforms force transparency, AFS licensing

KARREN VERGARA  |  MONDAY, 20 DEC 2021
Treasurer Josh Frydenberg announced reforms to proxy advice which includes forcing superannuation funds to disclose detailed voting records. Super funds exercising voting rights on behalf of their members will need to be more transparent with their ...

ASIC cracks down on investment guru

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
A self-styled investment guru and social media wealth expert has had her Australian credit licence cancelled by ASIC. Dominique Grubisa lost her licence for her company Master Wealth Control on the basis that the business was not engaging in the credit ...

Research aims to solve cash conundrum

ELIZABETH MCARTHUR  |  THURSDAY, 6 MAY 2021
... "Retirement strategies that offer downside protection have traditionally been used in the equity component of portfolios to safeguard against sharemarket volatility," Allianz Retire+ chief executive Matthew Rady said. "They haven't been thought of as ...