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Showing 1 - 10 of 1212 results for "Principle"

Metrics freezes redemptions behind listed funds as audit stalls

RIDDHIMA TALWANI  |  WEDNESDAY, 30 SEP 2026
Metrics Credit Partners has suspended redemptions in the unlisted wholesale funds that underpin its three ASX-listed strategies, according to an ASX statement by the funds' responsible entity. Media reports have named the MCP Wholesale Investments ...

FSU calls for universal PPL

ELIZA BAVIN  |  MONDAY, 28 SEP 2026
... finance sector leading by example," she said. "The Finance Sector Union is calling on all employers to commit to a simple principle: both parents get the same paid leave, at the same rate, with no "primary carer" hoops to jump through." The FSU is calling ...

ASIC strengthens AI trading safeguards

RIDDHIMA TALWANI  |  THURSDAY, 24 SEP 2026
ASIC is strengthening safeguards for automated and AI-enabled trading. The regulator will also streamline requirements for securities and futures market participants under incoming changes to its Market Integrity Rules (MIRs). ASIC said the reforms ...

'Beyond warnings': ASIC to come down heavy on private credit

RIDDHIMA TALWANI  |  TUESDAY, 22 SEP 2026
The corporate regulator has urged the private credit sector to uplift standards, noting participants should prepare for enforcement action if they fail to do so. ASIC commissioner Simone Constant said the regulator is now "beyond warnings" and pushed ...

Perennial to close three responsible investment funds

VINNY VUCAGO  |  MONDAY, 7 SEP 2026
Perennial Partners will shutter three responsible investment funds that manage $140 million in combined assets, as they fall short of reaching scale and achieving their investment objectives. The Perennial Better Future Trust, Perennial Better Future ...

Actuaries Institute launches AI risk management guide

RIDDHIMA TALWANI  |  TUESDAY, 1 SEP 2026
Actuaries Institute and UTS Human Technology Institute (HTI) have partnered to launch a practical risk management guide to help financial services firms manage artificial intelligence (AI) risks. With rapid AI adoption, the Institutes note governance ...

Equity Trustees super exit sparks Hejaz Islamic Super and Pension closure

KARREN VERGARA  |  MONDAY, 31 AUG 2026
... community with high-quality, Sharia-compliant investment and financial solutions. We have built our business around a simple principle: Muslims should have access to sophisticated financial products without having to compromise their faith or values. ...

CBA, Colonial First State settle class action for $249m

KARREN VERGARA  |  WEDNESDAY, 26 AUG 2026
... instrumental in CFS's and Avanteos' breaches. The three parties deny the allegations. Today, CBA announced that it "in principle" agreed to settle the class action. "In agreeing to resolve the proceedings, CBA, CFSIL and AIL continue to deny ...

FSC raises the bar for PC managers with fresh standards

MATTHEW WAI  |  WEDNESDAY, 26 AUG 2026
The Financial Services Council (FSC) has released a new standard and guidance note for members on private markets, with a special focus allocated for private credit managers. Both the FSC Standard No. 30: Private Markets Best Practice Principles (mandatory) ...

NZ Super updates sustainable investment policy

MATTHEW WAI  |  FRIDAY, 14 AUG 2026
The Guardians of NZ Super has published an updated set of Sustainable Investment policy documents, using a new standalone framework to describe the policies, standards and procedures that underpin its sustainable investment activities. The update was ...
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