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19 June 2017 • By Tim Stewart • 1 min read

RBA backs new FX code of conduct

A new code of conduct for foreign exchange traders developed together with central bankers will help an industry “suffering from a lack of trust”, ...

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Netwealth investor to reduce shareholding

Netwealth has confirmed that one of its substantial shareholders will decrease his equity stake, leaving the door open to a possible initial public ...

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Final CBA compensation report released

The Commonwealth Bank has released the seventh and final independent report into its compensation scheme for victims of poor financial advice

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Calastone completes blockchain ‘proof-of-concept’

Global transaction network Calastone has announced the completion of the first stage of testing of its blockchain distributed market infrastructure ...

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US Fed’s errors ‘unforgivable’: Standard Life Investments

Central bankers have consistently overestimated underlying inflation since the GFC, which could mean low growth is locked in “for good”, says Standard ...

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ASIC industry funding model passes Senate

The new industry funding model for ASIC has been passed into law and will commence on 1 July 2017. The ASIC Supervisory Cost Recovery Levy Bill ...

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Macquarie closes direct robo-advice service

OwnersAdvisory, Macquarie’s direct robo-advice service, is being closed down following the death of founder and chief investment officer ...

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LIC growth ‘unsustainable’, says Zenith

The cyclical nature of the listed investment company (LIC) sector means the current rate of growth is unlikely to be sustained in the medium to ...

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Fidante boutique appoints analyst

Boutique fund manager Lennox Capital has appointed a new analyst to its recently launched small cap fund. Olivia Bible will join Lennox Capital, ...

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UBS Securities fined $280,000 by ASIC

UBS Securities Australia has paid $280,000 in penalties for trading infringements imposed by ASIC’s Markets Disciplinary Panel. ASIC has issued two ...

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