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Showing 931 - 940 of 4166 results for "Action"

ASIC takes Lanterne Fund Services to court

ANDREW MCKEAN  |  THURSDAY, 7 JUL 2022
... businesses develop, implement and maintain robust risk and compliance procedures," Court added. She concluded: "As today's action demonstrates, when ASIC sees a business it considers to have deficient risk management processes, we will look to take ...

MSCI launches emissions measuring tool

CASSANDRA BALDINI  |  WEDNESDAY, 6 JUL 2022
... across their investment portfolios. "These institutions (such as banks, insurers and asset managers) may need to take urgent action to accelerate progress on their climate journey. Total Portfolio Footprinting can help them to broadly assess the carbon ...

That's a wrap for the BT Wrap

CASSANDRA BALDINI  |  MONDAY, 4 JUL 2022
... plan to ensure a transition of payments and advisers and their clients have plenty of notice for anything they need to action," he said. "This has been something that's been expected for quite a while, we first started talking about the migration about ...

Vanguard appoints head of ESG product

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUL 2022
UniSuper governance and sustainability manager Sybil Dixon is departing the fund after 14 years to join Vanguard. Dixon will join Vanguard in August as head of ESG product, a Vanguard spokesperson confirmed to sister publication FS Sustainability. UniSuper ...

SEC fines UBS Financial Services over fraud charges

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
... recommendations to their clients. Complex products can present unique risks, and the SEC will remain vigilant and continue to take action to protect those who invest in these products from misconduct." While UBS has not admitted or denied the SEC's allegations ...

Former adviser charged over faked books

CHLOE WALKER  |  TUESDAY, 28 JUN 2022
... and must adhere to ethical standards and conduct themselves with honesty and professionalism. "ASIC will continue to take action where the conduct of financial advisers is inadequate". If prosecuted, Nguyen faces a maximum of two years' imprisonment. ...

ASIC obtains orders to freeze assets

ANDREW MCKEAN  |  TUESDAY, 28 JUN 2022
... Arandez at one or all the aforementioned companies can contact the regulator by email. These orders come after similar action was taken to freeze the assets of company director Sasha Hopkins and two of his companies, The A Team Property Group and Sash ...

Performance test comms criticised

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
... added that where ASIC feels suitable, particularly in the case of a product's second failure, it will take appropriate action to protect consumers. As at June 15, all but three funds with products that were failed last year have since merged or made ...

Brookfield raises record amount for ESG fund

JAMIE WILLIAMSON  |  THURSDAY, 23 JUN 2022
... battery developers. "With the global carbon budget being rapidly run down, now is the time for comprehensive, determined action," Carney said. "That means deploying capital across the economic spectrum from scaling clean energy generation, to transforming ...

Squirrel Super to pay over false property claims

JAMIE WILLIAMSON  |  TUESDAY, 21 JUN 2022
More than 18 months after legal action was launched, Squirrel Super will pay $55,000 for claims made in marketing materials about investing in residential property. The SMSF administrator was found by the Federal Court to have distributed a brochure ...