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

Search Results

Showing 71 - 80 of 461 results for "Subsequently"

ASIC freezes assets Shield, First Guardian marketer

KARREN VERGARA  |  WEDNESDAY, 19 MAR 2025
... restriction orders against Alshakshir while it obtained temporary ex parte travel restriction orders against him. The court subsequently dismissed ASIC's application for interim travel orders on January 22. Chiodo was the director of Keystone Asset Management ...

Unlawful hawking practices re-emerge in SMSFs

MATTHEW WAI  |  TUESDAY, 11 MAR 2025
... Commission, intending to "stop practices that lead to poor consumer outcomes and trust in the financial system." Subsequently, the corporate watchdog also introduced similar legislation to financial products in October 2021, opting to provide consumers ...

Convicted adviser fails to appeal prison sentence

MATTHEW WAI  |  THURSDAY, 20 FEB 2025
... dishonest conduct by charging unauthorised fees to clients. He was charged with 13 dishonesty offences in 2018 and had subsequently pleaded guilty to having dishonestly transferred funds from two of his clients' self-managed superannuation funds (SMSFs) ...

Australian Bond Exchange grows footprint with global partnership

MATTHEW WAI  |  MONDAY, 17 FEB 2025
... securities, and other products offerings to a broader base of Australian and international clients and investors. Subsequently, ABE will use ViewTrade's global presence to expand its distribution capability to a wider investor base, while both parties ...

mFunds sparked ASX outage, $1m credit issued

KARREN VERGARA  |  FRIDAY, 24 JAN 2025
The ASX said the outage from last month largely stemmed from the now-defunct mFunds and will subsequently credit participants $1 million to make amends. While several circumstances led to the glitch, the ASX traced the root cause to the introduction ...

Team Super names retirement chief

ELIZABETH FRY  |  THURSDAY, 23 JAN 2025
... Australian Retirement Trust hired retirement chiefs as they sought to build their retirement offerings for members. Subsequently, the roles were absorbed by other executives. Sherry pointed out that the dynamics of smaller funds can differ from those ...

SEC names acting chair, establishes crypto taskforce

ELIZA BAVIN  |  WEDNESDAY, 22 JAN 2025
... Dream." Uyeda was first sworn into office as a commissioner in June 2022 after being confirmed by the US Senate. He was subsequently re-nominated and confirmed for a five-year term expiring in 2028. Before joining the SEC, Uyeda was appointed by then ...

Vanguard fined US$106m for investors' massive tax bill

KARREN VERGARA  |  TUESDAY, 21 JAN 2025
... Retirement Funds (Institutional TRFs) from US$100 million to US$5 million as announced in 2020. Numerous investors subsequently redeemed their Investor TRFs and switched to the Institutional TRFs as the latter funds had lower expenses. To meet the redemptions ...

GIC's investment chief to step down

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025
... investment environments. Jaensubhakij arrived at Singapore's sovereign wealth fund in 1998 as an economist and subsequently joined the equities department as a portfolio manager. He initially led the US and developed markets equities team out of ...

SEC fines private equity firms for recordkeeping failures

KARREN VERGARA  |  TUESDAY, 14 JAN 2025
... will pay the largest amount of US$12 million. PJT Partners, which was spun off from Blackstone, self-reported and subsequently paid a significantly lower civil penalty of US$600,000. Charles Schwab and Santander US Capital Markets agreed to US$10 million ...