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Showing 851 - 860 of 1921 results for "Disclosure"

Royal Commission seeks further disclosure over financial misconduct

DARREN SNYDER  |  MONDAY, 12 FEB 2018
Commissioner Kenneth Hayne had to repeatedly ask some of Australia's largest financial services businesses to properly explain the nature, extent and effect of any misconduct over the past five to 10 years. Overseeing the Royal Commission into the Misconduct ...

SEC cracks down on fee transparency

KARREN VERGARA  |  FRIDAY, 9 FEB 2018
... tightening the reins around cryptocurrency. The securities regulator said it will closely examine product providers' disclosure and calculation of fees, expenses and other miscellaneous items they charge investors. It warned it will keep a closer eye ...

General advice "misleading": Productivity Commission

JAMIE WILLIAMSON  |  WEDNESDAY, 7 FEB 2018
... would fall directly on issuers and distributors of products. "Such a regime should be an approach to financial product disclosure that recognises incentives faced by providers and the realities faced by consumers, and takes advantage of digital data ...

Insto investors looking for company transparency: Research

ALEX BURKE  |  FRIDAY, 2 FEB 2018
Institutional investors are looking for detailed disclosure from portfolio companies about their strategy and goals, board composition and ESG commitments, according to research from global consultancy Morrow Sodali. The research was based on a survey ...

CBA embroiled in rate-rigging allegations

KARREN VERGARA  |  WEDNESDAY, 31 JAN 2018
... which include anti-money and counter-terrorism law breaches, and shareholder class action alleging it failed continuous disclosure obligations. ASIC commenced similar proceedings against ANZ, NAB and Westpac in 2016. In November last year, the Federal ...

FSC and FOS appoint former ASX chief risk officer

ALEX BURKE  |  TUESDAY, 30 JAN 2018
... Code of Practice." The LCCC was launched alongside the Life Insurance Code of Practice in mid-2017. The code includes disclosure improvements, set claim timeframes, restrictions of surveillance and greater levels of consumer communications transparency. ...

ASIC cancels AFSL, accepts EU

DARREN SNYDER  |  TUESDAY, 16 JAN 2018
... insurance cover where clients were unable to afford the premiums; and failed to provide adequate product replacement disclosure when recommending clients to switch products. ASIC said Breakaway and Roberts acknowledge that the regulator's views are reasonably ...

J.P. Morgan winds up global equities fund

ALEX BURKE  |  TUESDAY, 9 JAN 2018
... David Hallifax said. From January 8, applications and redemptions will cease to be processed and the fund's product disclosure statement will be withdrawn from circulation. Following on from this, on February 9, Perpetual will commence the process of ...

FSC finalises life insurance APL guidelines

ALEX BURKE  |  FRIDAY, 22 DEC 2017
... relevance. All FSC members will be required to adhere to these definitions, along with the rest of the Code, which includes disclosure improvements, set claim timeframes, restrictions of surveillance and greater levels of consumer communications transparency. ...

Industry split on life insurance cover: Poll

KARREN VERGARA  |  MONDAY, 18 DEC 2017
... will include clear instructions on how to cancel or reduce your insurance cover in your insurance welcome pack, our disclosure information, your annual statement, and on our website. If you request a cancellation form, we will send it to you within five ...