Latest News:
- BTIM hires head of multi asset investments
- Millennials driving ‘inevitable change’ in super
- RBA will forge its own path on rates, says Lowe
- Melbourne
- Sydney
- Strong earnings boost investor sentiment
- Majority of fintechs won’t make the cut: ASX
- FSC award winners announced
- Ignition Wealth to expand to Europe
- Royal commission to include regulators: Labor
Crowd-sourced funding guidance released
The corporate regulator has called for industry feedback on its guidance for the new crowd-sourced funding regime, which is set to commence on 29 September 2017.
ASIC review identifies custody failings
The custody practices of Australian financial institutions have been found wanting in a number of instances, including failures to manage conflicts of interest.
Asset managers must be more ‘resilient’: ASIC
ASIC chairman Greg Medcraft has warned fund managers about “structural vulnerabilities” in the sector that could present “financial stability risks”.
‘Licensees of last resort’ under scrutiny
ASIC is investigating a number of financial planning dealer groups that advisers perceive as “licensees of last resort” as part of its crackdown on poor reference-checking processes.
Bank levy must be reviewed, says Senate
A Senate report released yesterday has recommended the government’s bank levy be reviewed after two years to asses its efficacy and its effect on banking competition.
Appointments
