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Showing 71 - 80 of 100+ results for "Compliance"

ASIC removes Societe Generale restrictions

ANNABELLE DICKSON  |  FRIDAY, 25 JUN 2021
... independent expert to assess and test the adequacy and effectiveness of its controls, systems and processes to ensure compliance with the client money requirements of the Corporations Act 2001. According to ASIC, Societe Generale successfully fulfilled ...

Better Advice regulations hit parliament

KARREN VERGARA  |  FRIDAY, 25 JUN 2021
... TPB still has the responsibility for the Corporate Authorised Representative (CARs) and AFSL registrations, meaning compliance with TPB regulations is still required. "The current drafting does not meet the government's intention of creating a single ...

Channel Capital adds Cayman director

KANIKA SOOD  |  THURSDAY, 24 JUN 2021
... funds domiciled in the United States, Cayman Islands and other offshore financial centres. It will also ensure ongoing compliance with regulatory obligations including anti-money laundering and tax transparency, the firm said. It says the Cayman Islands ...

AUSTRAC to face scrutiny

ELIZABETH MCARTHUR  |  THURSDAY, 24 JUN 2021
... subsidiaries including JBWere. The financial intelligence agency is investigating NAB's "potential serious and ongoing non-compliance" with respect to customer identification procedures, ongoing customer due diligence, and its ability to comply with ...

CalPERS adds chief equity officer

JAMIE WILLIAMSON  |  THURSDAY, 24 JUN 2021
... officer. Marlene Timberlake D'Adamo has been appointed to the role effective immediately. She was previously chief compliance officer, a role the pension fund is actively recruiting for. Timberlake D'Adamo will be responsible for fostering a culture ...

Government to create ASIC, APRA regulator

ANNABELLE DICKSON  |  THURSDAY, 24 JUN 2021
... FRAA's inaugural tasks will be to assist newly appointed ASIC chair Joseph Longo in ensuring the corporate regulator's compliance with the Government's Statement of Expectation. Taking to Twitter, Senator Andrew Bragg said the FRAA's oversight of the ...

ASIC fines trading firm

ANNABELLE DICKSON  |  WEDNESDAY, 23 JUN 2021
... contravened Rule 2.2.8 of the ASIC Market Integrity Rules (Futures Markets) 2017, whereby a market participant ensures compliance with market integrity rules and the Corporations Act. The MDP found that Life Trading did not have appropriate supervisory ...

ClearView risk chief joins IOOF

ELIZABETH MCARTHUR  |  FRIDAY, 18 JUN 2021
... and Investor Directed Portfolio Service operators in meeting their obligations. She boasts a long career in risk and compliance roles, including as head of CIO governance at ANZ and head of compliance for BlackRock Australia. Replacing Cowan at ClearView ...

ASIC takes on NAB for fee-for-no service breaches

KARREN VERGARA  |  FRIDAY, 18 JUN 2021
... morning, ASIC representative Christopher Archibald QC recalled the bank's "prolonged under-investment" in its systems, compliance and controls as first exposed by the financial services Royal Commission, which enabled customers to be charged millions ...

ASIC drops Regal action

ANNABELLE DICKSON  |  WEDNESDAY, 16 JUN 2021
... its responsibility to clients, employees and the broader market very seriously, operating within a strict legal and compliance framework designed to maintain the highest level of integrity and standards." Last year, Regal's Atlantic Absolute Return suffered ...