Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 861 - 870 of 3481 results for "Compliance"

ClearView uses new anti-money laundering technology

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 DEC 2021
... ownership over its AML platform. Napier's solutions are designed to provide a holistic view of each customer so that compliance teams, with AI-assistance, should be more easily identify any activity that falls outside of typical customer behaviours and ...

ASIC sets out limited advice expectations

KARREN VERGARA  |  THURSDAY, 2 DEC 2021
... the regulatory requirements." "We expect this guidance will provide regulatory certainty to industry and help reduce compliance costs. It will assist financial advisers in their efforts to make these forms of advice more available to consumers and assist ...

Backlash after 'unprecedented' ASIC action against Westpac

ELIZABETH MCARTHUR  |  THURSDAY, 2 DEC 2021
... occasion it was 'only' $80 million lifted from consumers," Johnston said. "Meanwhile [if] an adviser gets their compliance wrong they are publicly humiliated, banned and commercially destroyed." In an unprecedented move, ASIC commenced six civil ...

Next Macquarie chair announced

CHLOE WALKER  |  THURSDAY, 2 DEC 2021
... nominating committees. Grady has been a director of both since May 2011 and is a member of the board governance and compliance committee, board nominating committee, board remuneration committee and board risk committee. "It has been a memorable eleven ...

ASIC files numerous cases against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 30 NOV 2021
In an unprecedented move, ASIC has commenced six civil penalty proceedings against Westpac for widespread compliance failures in its banking, wealth, superannuation and general insurance businesses. The six matters filed relate to charging fees to deceased ...

GSFM hires new product manager

KARREN VERGARA  |  MONDAY, 29 NOV 2021
... Macquarie Group, AMP, and Wilson HTM in product manager roles across managed accounts, corporate superannuation, and compliance. She started her career in The Netherlands, where she worked at ING Investment Management and ABN AMRO before relocating to ...

Are managed accounts living up to the hype?

ELIZABETH MCARTHUR  |  THURSDAY, 25 NOV 2021
... delivered on their promises to advisers and clients. The big promises of managed accounts were defined as efficiency, compliance benefits, transparency, value proposition and investment quality. "Has the implementation time and consistency actually improved ...

COVID-19 relief for SMSFs may require specialist input

CHLOE WALKER  |  MONDAY, 22 NOV 2021
... overseas due to travel restrictions and disrupted air travel, so the ATO's decision to waive the application of compliance resources in 2021-22 will be welcomed by affected SMSFs." For LRBAs, the ATO has extended its relief to allow SMSFs to negotiate ...

PADUA closes capital raise

ANNABELLE DICKSON  |  MONDAY, 22 NOV 2021
... advice industry is one that will continue to be highly regulated, and PADUA is helping advisers to manage that burden of compliance," Sheehan said. "We also like that PADUA has its own tech-enabled services businesses. This gives them a competitive edge ...

E&P Financial Group director steps down

ANNABELLE DICKSON  |  WEDNESDAY, 17 NOV 2021
... independent director, chair of the people, nomination and remuneration committee and member of the audit, risk and compliance committee. "Kevin made a significant contribution to the board and has been an outstanding shareholder representative given ...