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Showing 901 - 910 of 1799 results for "Regulation 2014"

Expect more regulation on 'too-big-to-fail': Hockey

LAURA MILLAN  |  MONDAY, 22 SEP 2014
Large financial institutions considered "too big to fail" are likely to be required to have additional protections in case they fail, Treasurer Joe Hockey said at the G20 meeting of Finance ministers in Cairns this weekend. Hockey said that the Financial ...

Citi appoints former ASIC deputy chair to board

JAMES FERNYHOUGH  |  FRIDAY, 19 SEP 2014
Citibank Australia has appointed new non-executive director, former deputy chair of the Australian Securities and Investments Commission (ASIC) Belinda Gibson. Gibson was with ASIC from 2007 to 2013, where she had primary responsibility for the regulation  ...

ASIC: Beware fake forex website

MARK SMITH  |  TUESDAY, 16 SEP 2014
ASIC has warned consumers to be wary of a fake website promoting foreign exchange broker, First Forex. First Forex and related entities Fifx and FiFX Global promote their services at www.fifx.com and falsely claim that their services are 'under the ...

Tyndall to adopt parent name

MARK SMITH  |  MONDAY, 15 SEP 2014
Tyndall Asset Management will adopt the name of its Tokyo-based parent company Nikko Asset Management as the firm prepares to launch a range of global equity products for the Australian and New Zealand markets. "We are one company and therefore should ...

Why are bonds no longer a safe haven?

ALICE URIBE  |  WEDNESDAY, 10 SEP 2014
The reputation of bonds as being a safe haven is being challenged by a surge in global financial market re-regulation, according to UBS head of investment strategy Tracey McNaughton. At a media briefing in Sydney yesterday McNaughton said that the repeal ...

UK FCA to review social media guidelines

ALEX DUNNIN  |  WEDNESDAY, 10 SEP 2014
The UK Financial Conduct Authority (FCA) is conducting a review of how wealth groups use social media to promote their products following concerns that more regulatory clarity may be needed. The review which was launched last month and closes in November ...

FOS demands licensee-funded consumer protection scheme

LAURA MILLAN  |  MONDAY, 8 SEP 2014
All relevant entities licensed to distribute financial products should fund a default consumer protection scheme to ensure consumers are paid when awarded compensation, the Financial Ombudsman Service (FOS) asked in its submission to the Financial System ...

Ties between product and advice "archaic": FPA

ALICE URIBE  |  FRIDAY, 5 SEP 2014
The Financial Planning Association urged the Financial System Inquiry to review the definition of 'financial product advice' in the Corporations Act and said that the current regime was "detrimental to innovation." In its second submission to inquiry ...

GSA an affordable alternative to DLAs: APRA

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
Group self-annuitisation (GSA) may provide a more affordable alternative to deferred lifetime annuities (DLA) when it comes to dealing with longevity risk, according to the Australian Prudential Regulation Authority (APRA). In its second submission ...

FSC: Appoint an ASIC commissioner for international issues

MARK SMITH  |  THURSDAY, 28 AUG 2014
The Financial Services Council (FSC) has called on the Financial System Inquiry to consider the appointment of a new ASIC commissioner to deal with international regulatory issues and for an agency to be established to coordinate and promote financial ...