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Showing 931 - 940 of 9006 results for "Regulator"

Brite Advisors auditor admits failures, surrenders registration

ANDREW MCKEAN  |  FRIDAY, 27 JUN 2025
... Young and KPMG - has surrendered his company auditor registration and pledged to never re-apply, after the corporate regulator uncovered significant audit quality issues in his work. Makowa audited the profit and loss statements and balance sheets of ...

APRA dissects retirement products for the first time

KARREN VERGARA  |  FRIDAY, 27 JUN 2025
... retirement products managing $490 billion in members' retirement savings have come under the watchful eye of prudential regulator APRA for the first time. APRA's latest statistics for the March 2025 period breaks down the state of retirement ...

Super moves: PE exec quits Future Fund for ART

ELIZABETH FRY  |  THURSDAY, 26 JUN 2025
One of Future Fund's top managers has left to join Australian Retirement Trust as a portfolio manager within the private equity team. Anika Choudhury has left Australia's sovereign wealth fund where she started out a senior analyst nearly five ...

APRA acknowledges need to reduce regulatory burden

JAMIE WILLIAMSON  |  THURSDAY, 26 JUN 2025
... respondents said APRA's supervision enhanced the financial and operational strength of their organisation, while 96% said the regulator's supervision had been a positive for their risk management practices. Eighty-two percent said the prudential requirements ...

ASIC appoints ASX inquiry panel

MATTHEW WAI  |  THURSDAY, 26 JUN 2025
ASIC has appointed three panel members to conduct its inquiry into the Australian Securities Exchange (ASX). The inquiry is in response to the ongoing concerns around the ASX's questionable ability to "maintain stable, secure and resilient" market ...

ASFA, JANA release draft guidance on operational due diligence

MATTHEW WAI  |  THURSDAY, 26 JUN 2025
The Association of Superannuation Funds of Australia (ASFA) and asset consultant JANA have released a draft guidance note on investment management operational due diligence ahead of Prudential Standard CPS 230 Operational Risk Management. Shaped through ...

Old challenges push asset managers to inflection point: Citi

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
Asset managers continue to face existential challenges amid the rise of passive funds, fee compression and difficulty in generating alpha, a new report from Citi shows, forcing them to rethink their business models and value propositions in the future. ...

Union redundancy funds in ASIC's sights

ELIZA BAVIN  |  WEDNESDAY, 25 JUN 2025
... prior consultation in 2024, at which time ASIC had proposed extending the relief for a further period of five years. The regulator said that in 2003 fund operators had approximately $500 million under management, but that this had grown to $2 billion ...

Super spending calls BFID compliance into question

JAMIE WILLIAMSON  |  TUESDAY, 24 JUN 2025
... decisions comprised thousands of documents covering discretionary spending, marketing and connected entity expenses. The regulator also looked at the contributing factors to funds' expenditure decisions, including potential conflicts of interest, guidance ...

Life insurer chief executives step down, successor named

MATTHEW WAI  |  TUESDAY, 24 JUN 2025
Acenda Group is set to welcome a group chief executive, as Kent Griffin and Tim Tez announce their departures. Former Westpac executive Chris de Bruin has been appointed chief executive of Acenda Group, subject to regulatory approvals of the merger ...