The rules are aimed at preventing directors from taking on positions at other firms that could affect their performance or create conflicts of interest.
August 3, 2022NBFCs should constitute remuneration committees and use malus or clawback arrangements to account for possible misconduct or poor financial performance.
May 8, 2022Data specialising institutions are allowed to converge anonymised and pseudonymised data originating from different businesses for analytics purposes.
January 14, 2022ASIC identified a "clear failure" to identify investment switching by directors and executives of superannuation trustees as a source of potential conflict.
November 4, 2021Fed policymakers and senior staff will be limited to purchasing diversified investment vehicles, such as mutual funds.
October 23, 2021AFMA is concerned that the LIBOR Cap will be replaced with a capping mechanism to be determined solely by the ATO.
October 22, 2021Former Convoy executives conspired to dishonestly arrange for bond placement commissions to be diverted to a company they substantially owned.
October 18, 2021A "long, complex value chain" of intermediaries between fund managers and retail investors raises the potential for conflicts of interest.
September 27, 2021The dealer’s representatives engaged in discretionary trading without proper authorisation, causing "significant losses" to a client.
September 14, 2021The FCA proposes to exempt SPACs that identify an acquisition target from being suspended, if they have certain investor protections in place.
May 4, 2021