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Showing 71 - 80 of 291 results for "Agents"

Chief economist update: Moving target

BENJAMIN ONG  |  WEDNESDAY, 8 JAN 2020
... credibility. Instead of its aim at providing greater transparency and clearer forward guidance to financial markets and economic agents, this "idea" if adopted only muddies the waters. For instance, what would be the highest inflation rate the Fed will ...

ASIC lifts ban on new opaque active ETFs

KANIKA SOOD  |  WEDNESDAY, 11 DEC 2019
... ETFs, as ASIC lifts the pause after a six-month-long review. However, it has asked responsible entities and market making agents to review their current arrangements to manage risks. The corporate regulator today said its review found that several internal ...

Chief economist update: RBA cuts official cash rate to 0.75%

BENJAMIN ONG  |  WEDNESDAY, 25 SEP 2019
This will be the headline flashing on your screens at around 230 in the afternoon of Tuesday, October 1, after the Reserve Bank of Australia (RBA) concludes its scheduled board meeting. In his address to the Armidale Business Chamber, RBA governor Philip ...

Research budgets shrink at UK asset managers

KANIKA SOOD  |  FRIDAY, 20 SEP 2019
... and execution costs. "A key principle of the MiFID II unbundling reforms is to ensure that portfolio managers act as good agents in the best interests of their clients and that their investment decisions are not unduly influenced by third parties," FCA ...

One regulatory regime enough: FSC

HARRISON WORLEY  |  FRIDAY, 13 SEP 2019
... system for tax and financial advisers. In a submission to the independent review of the Tax Practitioner's Board and Tax Agents Service Act 2009, the FSC called for one regulatory regime for advisers providing both tax and financial advice, arguing the ...

JP Morgan-linked ship in US $1bn drug bust

KANIKA SOOD  |  MONDAY, 15 JUL 2019
... Company, CNN said. JP Morgan hasn't issued a statement so far. On June 17, federal, state and local law enforcement agents boarded the ship when it was parked at a terminal in Philadelphia and seized 19.76 tons of cocaine. "Seizure of a vessel this ...

The case for tax deductible advice

JAMIE WILLIAMSON  |  MONDAY, 3 JUN 2019
... Australians from seeking it. In its 2017 pre-Budget submission, the association said the tax deductibility of fees paid to tax agents, BAS agents and lawyers represents a precedent. The FPA also cited the requirement for advisers to join the Tax Practitioners ...

Chief economist update: It'll hurt me more than it hurts you

BENJAMIN ONG  |  FRIDAY, 24 MAY 2019
... his trade war tweets versus China. Trump did so early this year - prompting financial markets and economic and business agents to expect that a trade deal is in the offing and the world is being made whole again. The resumption of US-China trade hostilities ...

ASIC catches illegal dual licensees

ELIZABETH MCARTHUR  |  MONDAY, 13 MAY 2019
... be the authorised representative of another AFS licensee - with the only exceptions being general insurance underwriting agents and brokers operating under a binder given by an insurer. The regulator said in circumstances where an authorisation has been ...

FASEA makes adviser exam adjustments

JAMIE WILLIAMSON  |  THURSDAY, 7 FEB 2019
... clarifying the content of the exam, topic of Financial Adviser Regulatory and Legal Requirements will only cover the Tax Agents Services Act. It will not include the broader requirements of the Tax Practitioners Board, FASEA said. In addition, the reading ...