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Showing 831 - 840 of 7367 results for "System"

AWAG invests in advice firm, adds to network

KARREN VERGARA  |  MONDAY, 8 JUL 2024
The Australian Wealth Advisors Group (AWAG) has taken a stake in Melican Financial Planning and added Murdoch Private Wealth to its licence. ASX-listed AWAG took a 20% stake in Melican Financial Planning, a firm that provides accounting, mortgage broking ...

HMC Capital announces new $50m investment

ELIZA BAVIN  |  MONDAY, 8 JUL 2024
HMC Capital has announced a strategic investment in Stor-Energy, a specialist developer, owner, and operator of utility-scale battery energy storage systems (BESS). This represents the first investment by HMC's Energy Transition platform which is seeking ...

QIC invests in Australian biotech start-up

ELIZA BAVIN  |  MONDAY, 8 JUL 2024
... Corporation (QIC) has announced a new investment in a Brisbane-based biotech start-up. Gelomics has developed a 3D tissue culture system that allows scientists to grow microscopic representations of human tissue to eliminate the need for animal testing ...

Committee calls for 'sick agency' ASIC to be split in half

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... expectations," the report reads. "Addressing the challenges faced by ASIC, and the broader challenges in Australia's financial system, requires strong action from the Australian government. It also requires ASIC's leadership to critically reflect ...

Iress hack investigation finds 20 OneVue files breached

JAMIE WILLIAMSON  |  TUESDAY, 2 JUL 2024
An internal investigation into the recent breach of Iress' GitHub user space found no evidence any of its client data was compromised, however 20 OneVue employees and clients weren't so lucky. On May 11, Iress' private user space on third-party ...

FSC releases new standard on scam mitigation

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
... full compliance required from 1 July 2026, which provides two years for superannuation funds to implement the necessary system and technology changes where required. The FSC strongly encouraged its members to target early compliance.

ASIC takes action against Guildfords FM, director

KARREN VERGARA  |  FRIDAY, 28 JUN 2024
ASIC has cancelled the licence of Guildfords Funds Management and banned its managing director Robert Payne for their involvement in the collapse of Magnolia Capital Group. ASIC found "significant and systemic failures of oversight and compliance" upon ...

APRA: RSE licensees show 'common areas of weakness'

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
... retirement savings that they oversee. "Ensuring the safety of this money is imperative to members and the Australian financial system. Trustee boards of these RSE licensees need to be well-prepared for events that may impact the financial viability of ...

Unprecedented vulnerabilities in financial services: KPMG

ANDREW MCKEAN  |  THURSDAY, 27 JUN 2024
KPMG specialists say disruptive technologies, particularly generative AI, and the imperative to automate, are exposing financial services executives to unprecedented vulnerabilities. In Australia, KPMG partner Matt O'Keefe noted that heightened customer ...

SSGA appoints new chief operating officer

ELIZA BAVIN  |  WEDNESDAY, 26 JUN 2024
State Street Global Advisors (SSGA) announced the appointment of James Ferrarelli to the position of executive vice president and chief operating officer. Reporting to SSGA chief executive Yie-Hsin Hung, Ferrarelli will be responsible for delivering ...