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Showing 851 - 860 of 1796 results for "Monitor"

ASIC puts corner-cutting advisers on notice

JAMIE WILLIAMSON  |  MONDAY, 22 JAN 2018
... Kell said. "AFS licensees have ultimate responsibility for the conduct of their representatives and need to effectively monitor and supervise their representatives." Outlining its expectations, ASIC said AFS licensees must train staff as to their professional ...

HLB Mann Judd revises AFSL

JAMIE WILLIAMSON  |  THURSDAY, 18 JAN 2018
... active in the provision of IERs have heightened responsibilities as financial system gatekeepers. We will continue to monitor licensees and, where necessary, take licensing and enforcement actions," ASIC commissioner John Price said.

The next generation of adviser and client

JAMIE WILLIAMSON  |  MONDAY, 15 JAN 2018
Recognising the barriers to gender equality in the financial advice industry and taking steps to widen the entry door for women is vital to the positive progression of female advisers and traditional business models. State Street Global Advisors' SPDR ...

RARE partners with WaterAid

EMMA RAPAPORT  |  THURSDAY, 11 JAN 2018
Global listed infrastructure fund manager RARE Infrastructure is continuing its partnership with international non-profit organisation WaterAid by funding the development of infrastructure projects in East Timor. The project will provide tanks, water ...

Majority ready for MiFID II: Spot poll

KARREN VERGARA  |  MONDAY, 8 JAN 2018
A majority of Australian financial services firms said they were confidently ready for the Markets in Financial Instruments Directive II (MiFID) reforms that took effect on January 3, according to Financial Standard's weekly spot poll. More than half ...

Big 4, AMP fork out massive compensation bill

KARREN VERGARA  |  MONDAY, 18 DEC 2017
... estimated future compensation to be paid of $1.5 million and $1.3 million respectively. The regulator said it will continue to monitor the institutions' compensation programs and determine if additional instances of fees charged without advice provided ...

CBA hit with fresh AML breaches by AUSTRAC

EMMA RAPAPORT  |  FRIDAY, 15 DEC 2017
... suspected terrorism financing, money laundering and/or structuring on CBA accounts, in 38 instances it did not appropriately monitor its customers to mitigate and manage money laundering and terrorism financing (ML/TF) risk, including the ongoing ML/TF ...

CBA admits to anti-money laundering breaches, AUSTRAC flags new allegations

KARREN VERGARA  |  THURSDAY, 14 DEC 2017
... "introduced daily limits on cash deposits through IDMs" but only did so in November 2017. CBA also said it failed to adequately monitor 778,370 accounts as a result of "an error" it encountered after migrating data from two different systems between ...

APRA unveils proposed RSE reform package

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2017
APRA has announced a raft of proposed changes that will ensure registrable superannuation entities are ultimately delivering the best outcomes for members. The regulator said it is ramping up its scrutiny of the performance and efficiency of RSE's business ...

MyPlanner enters ASIC radar

JAMIE WILLIAMSON  |  WEDNESDAY, 6 DEC 2017
Privately-owned dealer group MyPlanner has negotiated additional conditions on its AFSL after it was found to be providing poor financial advice and failing to adequately supervise its representatives. ASIC surveillance found there were MyPlanner advisers ...