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| | | ... misconduct." She added conduct of this nature "puts retail investors at serious risk and undermines trust in Australia's financial system," adding ASIC would continue pursuing those responsibilities for similar misconduct. In sentencing, Justice Abraham ... |
| | | | BlackRock is urging financial advisers to move beyond traditional approaches to diversification, arguing heightened geopolitical uncertainty, artificial intelligence (AI) and structural economic shifts require more dynamic portfolio construction. Speaking ... |
| | | | ... and economic uncertainty are having on consumers, and the flow-on effects these conditions can have across the financial system," Jenkins said. "Complaint data is one of the clearest signals firms have about what's going wrong for their customers. ... |
| | | | ... financial ecosystem. The government has laid expectations on regulators to promote the "sound functioning" of the financial system, reminding both to consider the regulatory impact of its activities on affected industries, especially on small businesses ... |
| | | | ... sectors it supervises rather than taxpayers, the regulator said. The funding model, introduced following the Financial System Inquiry, recovers ASIC's costs through a combination of industry funding levies and fees for service. Levies support ongoing ... |
| | | | ... sector experience to oversee the important work APRA does maintaining the safety and resilience of Australia's financial system," he said. Lonsdale noted Australia's financial system remained resilient but faced glowing challenges across geopolitical ... |
| | | | ... were taking a prudent and positive step by placing trust in a professional to provide expert advice in a complex financial system," Berry said. "Many are now left feeling as though that this trust was misplaced." Reacting to the update, Financial Advice ... |
| | | | ... participants and market operators. "The core of ASIC's mission is to facilitate and improve Australia's financial system, and to promote confident and informed participation in that system. Ensuring that Australia's financial markets remain ... |
| | | | ... and as that becomes more widely adopted and better integrated with regulated frameworks, we move closer to a financial system where capital can flow more freely, without compromising trust or oversight." Meanwhile, Jiang is also observing more private ... |
| | | | ... Lonsdale said the SRST produced valuable insights that would inform its policy and supervision priorities. "As our financial system becomes more interconnected, decisions made in one part of the system not only impact other financial institutions in ... |
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