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Showing 801 - 810 of 3483 results for "Compliance"

Breach reporting regime a distraction: Report

JAMIE WILLIAMSON  |  TUESDAY, 3 MAY 2022
A survey of compliance professionals has found 67% believe ASIC's breach reporting rules distract from other issues and the greatest proportion of reports filed relate to financial advice failures. A report from CoreData, Lawcadia and Gadens looks ...

ATO slammed for failing to collect billions in unpaid super

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
Industry Super Australia has unleashed on the loose laws and 'light touch' compliance that's costing working Australians billions in unpaid super. In a statement, ISA said: "The auditor has found the Australian Tax Office's (ATO) reluctance to 'proactively' ...

NAB evades AUSTRAC fine for non-compliance

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
... identified concerns about its AML-CTF program, systems and controls. The regulator subsequently found issues of non-compliance in targeted compliance assessments and through self-disclosures from NAB. Later in June 2021, AUSTRAC notified NAB of a formal ...

BWC Partners joins Count Financial

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... closely together." According to Crowe, the decision to join Count was simple and based on the research, technical and compliance support offered by the group. "Count Financial was very supportive during the transfer from our old licensee. They have robust ...

ASX seeks to improve investment products offering

CHLOE WALKER  |  THURSDAY, 28 APR 2022
... it wants to provide issuers with the flexibility to innovate and bring new products to market without imposing undue compliance costs or burdens. "The investment products able to be traded or settled on ASX have grown substantially over the past five ...

FPA names new chair

JAMIE WILLIAMSON  |  TUESDAY, 26 APR 2022
... financial advice, particularly among older Australians who are approaching retirement, and it is imperative that the compliance burden driving cost and accessibility are properly addressed by regulators and government." He added that he hopes to engage ...

SMSF establishments on the rise

ELIZABETH MCARTHUR  |  TUESDAY, 26 APR 2022
... including a sharp rise in September 2021. "Self-directed investors who not long ago had the time to set up and manage the compliance obligations and direct their investments, may be finding themselves facing both challenging investment conditions and ...

JBWere shakes up leadership

ELIZABETH MCARTHUR  |  TUESDAY, 26 APR 2022
... CBA, where she led CommPrivate as general manager of advice. Prior to that, Lykouras worked across strategic risk, compliance and investment advisory roles at CBA, BT Financial Group, Count Financial, Australia Skandia, ipac/AXA and Citibank. "Maria's ...

Six cases brought against Westpac now finalised

JAMIE WILLIAMSON  |  FRIDAY, 22 APR 2022
... 13 years. "The sheer scale of this impact suggests that, at the time, Westpac had a culture that did not prioritise compliance," she said.

BT Funds Management fined $20m

JAMIE WILLIAMSON  |  FRIDAY, 8 APR 2022
... finalises these matters against Westpac, we urge Westpac, and other financial institutions, to look at their culture of compliance and invest in systems that mean incorrect charging of fees, premiums and commissions does not occur," Court said. BT Funds ...