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Showing 81 - 90 of 206 results for %22Financial Markets Conduct Act%22

Macquarie Securities cops ASIC penalty

KANIKA SOOD  |  MONDAY, 3 JUN 2019
... greater responsibility to properly manage the risks that flow from their conduct. If that risk is poorly managed, the financial consequences to the market participant should be commensurately greater," it said. Macquarie said in its response there was ...

Calastone blockchain goes live

KANIKA SOOD  |  TUESDAY, 21 MAY 2019
... shared, real-time view and history of the registers between trading partners at any point in the distribution chain. "Financial services organisations around the world - whichever size and scale - can, through the DMI, now access a fully mutualised global ...

FCA hits Goldman Sachs over reporting failures

HARRISON WORLEY  |  FRIDAY, 5 APR 2019
The UK's financial services conduct regulator has fined Goldman Sachs International more than £34 billion over historic reporting breaches. The FCA revealed the fine late last month and said the global giant had failed to provide accurate and timely ...

Investors raise alarm on Facebook

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAR 2019
... their standards for responsible and ethical investment. Australian Ethical head of ethics research Stuart Palmer, told Financial Standard last week that Australian Ethical is monitoring its Facebook investment and considering whether it needs to conduct ...

Macquarie wins Investment Manager of the Year

DARREN SNYDER  |  WEDNESDAY, 13 FEB 2019
Macquarie Investment Management was crowned Investment Manager of the Year at the Financial Standard Investment Leadership Awards tonight in Sydney. The annual awards recognise Australian investment managers that have proven to consistently add value ...

ASIC gears up for Brexit

KANIKA SOOD  |  MONDAY, 11 FEB 2019
... Brexit's impact, it said in a statement. ASIC said it will enter into new memorandums of understanding (MoU) with the UK's Financial Conduct Authority (FCA). This is because the FCA is set to take over from the European Securities and Markets Authority ...

New Zealand reviews life insurance commissions

JAMIE WILLIAMSON  |  TUESDAY, 4 DEC 2018
... policies, and ultimately end up funding high commissions through high premiums," the report reads. The country's Financial Markets Authority and the RBNZ are currently undertaking a review of the conduct and culture of New Zealand's life insurers with ...

Melbourne boutique hires deputy CIO

KANIKA SOOD  |  WEDNESDAY, 21 NOV 2018
... It recently won a mandate to manage $500 million for the country's largest superannuation fund, AustralianSuper, Financial Standard reported last month.

Inside Bennelong and its UK engine room

DARREN SNYDER  |  TUESDAY, 20 NOV 2018
... partners, the UK business of Bennelong Funds Management is ready to scale up. But will Brexit get in the way? Speaking to Financial Standard in London recently, BennBridge chief operating officer Greg Thomas said the multi-affiliate fund manager had ...

Investors unfazed by market volatility: Spot poll

KARREN VERGARA  |  MONDAY, 22 OCT 2018
... share market turbulence is not spooking investors as the majority are adamant about holding onto their equity portfolio, Financial Standard's spot poll shows. Most readers (61%) said volatility raging in global and local share markets won't force ...