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Showing 831 - 840 of 1678 results for "Breach"

Chief economist update: Tariff man takes Wall Street down

BENJAMIN ONG  |  WEDNESDAY, 5 DEC 2018
With one tweet, US President Donald Trump reversed all of Wall Street's gains... and then some. "....I am a Tariff Man. When people or countries come in to raid the great wealth of our Nation, I want them to pay for the privilege of doing so. It ...

CBA investigates possible privacy breach

JAMIE WILLIAMSON  |  MONDAY, 3 DEC 2018
Commonwealth Bank confirmed it is undertaking an investigation into a potential privacy breach that may have seen sensitive medical information of CommInsure claimants accessed by employees in other departments of the bank. As reported by the ABC earlier ...

APRA grilled over superannuation

KANIKA SOOD  |  FRIDAY, 30 NOV 2018
... looked good but the audit and compliance functions were not alerting or raising issues up. How NAB/MLC's fee for no service breach was discovered Tendering an MLC Nominees breach report to APRA for its Universal Super scheme, Hodge gave a look into how ...

APRA not clear how to police BEAR breaches

KANIKA SOOD  |  FRIDAY, 30 NOV 2018
... of the regulator's BEAR strategy was to be his number one priority. Hodge implied the haste in cobbling together a BEAR breach strategy only came about because APRA was due to make a submission to round five of the Royal Commission. Hodge also produced ...

Miscalculations delay remediation, more issues emerge: AMP

JAMIE WILLIAMSON  |  WEDNESDAY, 28 NOV 2018
... believe the amount is unlikely to be material," the group said. During Wilkins' appearance, it was also revealed a breach notification was made by AMP to ASIC ON 31 May 2018 in relation to the conduct of a managing director of one of its advice licensees. ...

ANZ lambasted for breach reporting delays

KARREN VERGARA  |  WEDNESDAY, 28 NOV 2018
... organisation. Counsel assisting Rowena Orr referenced ASIC's recent investigation into financial institution's breach reporting times, which found ANZ took significantly longer than the other three major banks. CBA took on average 104 days, NAB ...

Court fines stockbroker $350k

KARREN VERGARA  |  THURSDAY, 22 NOV 2018
The Federal Court has ordered a stockbroking firm to pay a $350,000 penalty for failing to comply with Market Integrity Rules. In early March 2011, State One Stockbroking placed 19 bids on behalf of a client when it should have reasonably suspected ...

UBS fined for careless conduct

DARREN SNYDER  |  WEDNESDAY, 21 NOV 2018
ASIC's Markets Disciplinary Panel confirmed UBS Securities paid a $120,000 fine for breaching market integrity rules over a series of trades on the ASX in 2017. The Markets Disciplinary Panel issued the infringement notice for transactions in relation ...

FASEA releases draft degree requirement legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 21 NOV 2018
... However, FASEA also reserves the right to change this guidance in future and to re-assess RPL awarded if it is thought to breach guidelines set by the Tertiary Education Quality and Standards Agency. FASEA also laid out the process for education providers ...

Poor performance a fiduciary breach

JAMIE WILLIAMSON  |  FRIDAY, 16 NOV 2018
Superannuation funds that fail to achieve healthy long-term returns when measured against peers are in breach of their fiduciary duty to members, a former Federal politician has told the 2018 ASFA Conference. Appearing as part of a panel on the future ...