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Showing 831 - 840 of 2220 results for "Systems"

Australian fund caught in email scandal

ELIZABETH MCARTHUR  |  FRIDAY, 12 APR 2019
... year. The Auditor General is clear in saying: "The use of non-official emails compromised the integrity of these control systems and placed commercially sensitive information on non-government servers potentially accessible to non-government IT personnel." ...

ASIC outlines enforcement efforts

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 APR 2019
... setting the ASX Bank Bill Swap Rate in 2010. An independent report was ordered by the court, to review Westpac's current systems, policies and procedures. Findings must be reported back to ASIC with nine months. ASIC commissioner Sean Hughes said the ...

YTML expands team, signs new client

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 APR 2019
... group Merit Wealth to its Seido platform. Seido is a financial services app store which YTML says consolidates multiple systems and solutions into an integrated platform with support document generation including Statements of Advice. YTML chief operating ...

ASIC approves AMP for MDAs

HARRISON WORLEY  |  TUESDAY, 9 APR 2019
... records and had the necessary human, financial and technological resources, risk management and internal dispute resolution systems to offer MDAs. When questioned by Financial Standard, AMP Financial Planning did not specify its additional license conditions ...

Institutions fail to adequately manage social risk

ELIZABETH MCARTHUR  |  TUESDAY, 9 APR 2019
... monitoring the state of its relationships and hence its social capital is really quite low. "In contrast, it will have major systems and vast numbers of employees dedicated to measuring, understanding, managing and reporting on its financial capital. ...

New SMSF admin platform launches

KARREN VERGARA  |  TUESDAY, 9 APR 2019
... solution that aims to help financial advisers keep on top of administrative and regulatory burdens has launched. Practical Systems Super meets the needs of small accounting and advice firms by providing services such as fund setup, financial recordkeeping ...

FCA hits Goldman Sachs over reporting failures

HARRISON WORLEY  |  FRIDAY, 5 APR 2019
... expect all firms will take this opportunity to ensure they can fully detail their activity and are regularly checking their systems so any problems are detected and remedied promptly, unlike in this case," he said.

AMP overhauls wealth leadership

ELIZABETH MCARTHUR, JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2019
... AMPFP's MDA services and advice business. This involved on-site interviews with compliance personnel about processes and systems, and with advisers who provide MDA services and advice. It also included reviews of documented processes and systems, AMPFP ...

Industry Super Holdings slammed for weapons investment

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2019
... activist group SumOfUs reveals ISH, which is owned by industry superannuation funds, as a major investor in Electro Optic Systems (EOS), an ASX-listed firm operating in the military and space sectors. ISH, which is owned by a number of industry funds ...

UBS fined $51m for reporting breaches

KARREN VERGARA  |  THURSDAY, 21 MAR 2019
... million ($72.7m). FCA executive director of enforcement and market oversight Mark Steward said firms must have proper systems and controls to identify what transactions they have carried out; in which markets; at what price; and what quantity and with ...