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Search ResultsShowing 71 - 80 of 100+ results for "Regulatory"
Mirova chief labels ethical investing pledges hollow
ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
... coal and cut back on investment in the fossil fuel industry, publish exclusion lists, no longer put the brakes on regulatory changes in favour of the climate through their professional associations," Zaouati said. "This list is not exhaustive. Let everyone ...
ASIC quietly granted new access to phone taps
ELIZABETH MCARTHUR  |  THURSDAY, 11 JUN 2020
While other legislation and regulatory work was delayed as a result of COVID-19, ASIC was recently granted the power to receive intercepted information, such as tapped phone calls. ASIC cannot tap phones itself or obtain an interception warrant, however ...
New private trades platform for family offices
KANIKA SOOD  |  WEDNESDAY, 10 JUN 2020
... offices and ultra-high-net-worths around the world, said the launch is a part of its strategy to become the leading regulatory compliant distribution platform for illiquid investment opportunities. "[We are]creating a super-distribution hub that will ...
ATO warns against SMSF property development
ELIZA BAVIN  |  WEDNESDAY, 10 JUN 2020
... SMSF investing in property development, care needs to be taken to ensure that there are no breaches of regulation. "Regulatory concerns that can arise in some arrangements include whether the arrangement amounts to the SMSF being maintained for a purpose ...
ASIC mainly concerned with media releases: Lawyer
ELIZABETH MCARTHUR  |  TUESDAY, 9 JUN 2020
... to maintain and protect their revenue streams." It is Yazbeck's opinion that financial advisers were saddled with a regulatory burden that was negotiated in the institutions' favour. The Royal Commission and the FASEA regime, Yazbeck said, have resulted ...
CBA coughs up $5m over RC case study
ALLY SELBY  |  TUESDAY, 9 JUN 2020
ASIC has trumped the Commonwealth Bank for failures in its AgriAdvantage Plus Package, with the Federal Court of Australia ordering the bank to cough up a $5 million penalty. On Friday, the Court found that the bank had breached the ASIC Act and Corporations ...
Super consolidation to slash 60% of funds
HARRISON WORLEY  |  TUESDAY, 9 JUN 2020
... involvement in the sector. The firm's paper also said the tailwinds driving the accelerated mergers were underpinned but regulatory pressure, scrutiny and oversight, noting the increased focus on member outcomes, fees, costs and performance, the impending ...
Government announces fresh crackdowns on foreign investments
ALLY SELBY  |  FRIDAY, 5 JUN 2020
... to foreign investment made by the United States, the United Kingdom, Japan and New Zealand. "Our foreign investment regulatory framework has always sort to strike a balance between, on the one hand, welcoming and inviting foreign investment to this country ...
Dealer groups slam FPA policy
ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
... wants to see AFSLs only responsible for the oversight of product compliance, rather than being responsible for the regulatory compliance of individual financial advisers. Instead, the FPA envisions a world where financial advisers are registered to a ...
What advisers need to know: BT
ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
... post-Budget," Ashenden said. As a result, the technical team at BT is producing fortnightly webinars to give advisers regulatory updates and answer some of their key questions Understanding what stimulus measures clients may be illegible for is not always ...
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