Latest financial services News | Page 67

ASIC update on compensation for financial advice related misconduct 24 August
ASIC manages transition to new regulatory regime for litigation funding schemes
ASIC commences proceedings against RI Advice Group Pty Ltd for alleged failure to have adequate cyber security
Westpac acknowledges proceedings commenced by ASIC
ASIC commences civil penalty proceedings against StatePlus Super for charging fees for no service
ASIC commences civil penalty proceedings against BT Funds Management and Asgard Capital Management for charging
Tax Practitioners Board launches new corporate plan 2020-21
TAS acquires Experteq to accelerate digital transformation and boost productivity
Maybank, Grab and Mastercard jointly launch brand new Maybank Grab Mastercard Platinum to reward Malaysians
ASIC obtains interim injunctions against Larry Dawson and PW Kitt Co Pty Ltd
Live a Card-Free Life and Get Non-Stop Rewards
More than one in four Aussie businesses being knocked back for finance, says Sensis survey
Life insurers should not dictate who receives mental health treatment
KPMG Australia FY20 Results
Standard Chartered Bank partners with Microsoft to become a cloud-first bank
Honorary doctorates for academic and business leaders
Financial adviser numbers continue to fall for seventh consecutive quarter
Insight – Producers use live streaming to connect with Chinese consumers
MLC Wealth appoints Chief Risk Officer
APRA to recommence prudential policy program and issuing of new licences
Life insurers’ push for law change a dangerous Trojan horse
ASIC cancels AFS licence of Global Merces Funds Management Limited
Superannuation trustees compensate members wrongly classified as ‘smokers’
Super guarantee amnesty deadline approaches
AFCA makes submission to ASIC’s product intervention powers consultation
Kiwi start-up to target drug cheats in sport with innovative technology
Former financial adviser sentenced to six years’ imprisonment for dishonest conduct
Key changes to Insurance Council Board
AFCA welcomes updated guidance on IDR procedures
Murray-Darling Basin water markets in need of major changes
Finance workers call on major banks to follow Westpac’s lead and repatriate banking jobs
ASIC bans Hobart adviser for five years
APRA updates guidance on capital management for banks and insurers
NAB cracks down on unlicensed debt management companies
Mastercard collaborates with Microsoft to accelerate innovation across digital commerce and startup ecosystems
ASIC takes action to wind up illegal investment scheme MyWealth Manager
Parliamentary Joint Committee on Corporations and Financial Services – Opening statement Litigation funding
FMA publishes derivatives issuer Sector Risk Assessment
UNSW to offer world first bachelors degree in quantum engineering
ASIC suspends AFS licence of Union Standard International Group
Finastra and Microsoft announce a multiyear global strategic agreement to accelerate transformation of financial
Federal Court upholds ASIC’s appeal on Robert Hutchison
ASIC sues Forex Capital Trading Pty Ltd for unconscionable conduct and conflicted remuneration
Hundreds of thousands of motorists to benefit from class action over shonky bank car loans
Westpac appoints new Chief Financial Officer
HKUST Confers Honorary Doctoral Degrees and Fellowships on Distinguished Individuals
Local Government Super announces carbon neutral certification
Oracle Autonomous Database Now Available in Customer Datacenters