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Showing 81 - 90 of 701 results for "Financial products"

ASIC updates and reissues RG 121

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
... by employees or agents or otherwise. Lastly, the new guidance has updated descriptions of, or references to, financial products and services, obligations of AFS licensees, legislation administered by ASIC, other applicable rules and legislation, and ...

Janus Henderson to manage new tokenised treasury fund

ANDREW MCKEAN  |  MONDAY, 16 SEP 2024
... Martin Quensel added that this partnership underscores a commitment to pioneering the integration of traditional financial products with blockchain technology, "creating new opportunities for investors, and advancing the decentralised finance ecosystem." ...

ASIC wins case against crypto exchange Kraken

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
... the importance of compliance with the design and distribution obligations. "It's a legal requirement for financial products to be distributed to consumers appropriately. Consumers should receive the full protection of the law when dealing in crypto-asset ...

ASIC locks eyes on super industry

ELIZA BAVIN  |  THURSDAY, 22 AUG 2024
... handling as main areas of concern. In addition, ASIC said Australia's public and private markets and emerging financial products will form a new pillar of ASIC's expanded strategic priorities. ASIC chair Joe Longo said the agency's corporate plan included ...

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... vital that consumers in the financial services industry can have confidence in ESG claims made by providers of financial products and services. "As is the case in many other industries, consumers may place great importance on ESG considerations when ...

BitConnect promoter hit with good behaviour

KARREN VERGARA  |  TUESDAY, 16 JUL 2024
... Corporations Act in May. Justice Newlinds said the offence is not concerned with whether Bigatton "provided financial products advice that was dishonest, inherently false, or even misleading, there is no suggestion of that here." "The heart of the offence ...

ASIC delivered court win over Firstmac DDO failure

JAMIE WILLIAMSON  |  THURSDAY, 11 JUL 2024
... objectives," ASIC deputy chair Sarah Court said. "This should act as a deterrent to anyone engaged in cross-selling financial products who fails to consider their design and distribution obligations before sending product disclosure statements." Firstmac ...

ASIC levy to slug advisers $48.4m

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
... annual levy does not appear to be reducing. Licensees that provide personal advice to retail clients on relevant financial products are due to fork out a minimum levy of $1500 plus $2878 on a per adviser basis. According to the Cost Recovery Implementation ...

Morningstar hires fixed income lead from PATRIZIA

ELIZABETH FRY  |  FRIDAY, 14 JUN 2024
... his seven years at Macquarie he sat with the Australian Origination team developing and managing structured financial products. At CBA, he ran pricing, acquisition and retention strategies for the $85 billion term deposit book. "We are excited to have ...

ETFs dominate client portfolios: Study

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
... (74%). "However, with the rise of the FIRE movement, DIY investing, and "finfluencers" exposing consumers to financial products and strategies that may or may not be right for their situations, some consumers might need help understanding this mainstay ...