The government’s major bank levy is likely to have “unintended and disproportionate” consequences on Macquarie's local earnings given the group’s “unique” mix of banking and non-banking services.
The government’s proposal that APRA be given powers to monitor bank executive conduct should be extended to the superannuation and insurance sectors, argues the Australian Bankers’ Association.
ASIC has cancelled the Australian financial services licence of Gallop International Group.
The corporate regulator has proposed a number of new initiatives designed to trial RegTech capabilities and identify possible implementation challenges, including the creation of an industry liaison network.
The fund manager and four former officers of MFS Investment Management have been disqualified from managing corporations by the Supreme Court of Queensland.
BT appoints director of corporate affairs
NGS Super appoints chief operating officer
Managed Accounts hires head of distribution
The dangers of an active swing to passive
Making the most of shifting global trade
Unlocking the power of alternative assets