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New Zealand Westpac issued warning over breaches

11 August 2021 • By Neil Griffiths • 1 min read

Westpac issued warning over NZ breaches

The Reserve Bank of New Zealand has issued a warning to the New Zealand branch of Westpac for breaches relating to the Anti-Money Laundering and ...

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Investment giant says cashing out during COVID the wrong move

A global investor’s latest index chart suggests investors who cashed out during the COVID lockdowns last year made the wrong move. Vanguard’s 20th ...

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CBA emerges triumphant from COVID

The bank recorded an almost 20 per cent rise in cash profit for the 2021 year and confirmed a multi-billion dollar buyback, as it becomes the next of ...

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ASIC reveals findings of COVID illiquid asset review

The corporate regulator has released the findings from its review of managed funds’ illiquid-asset valuation practices last year. Ten fund managers ...

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UN climate report represents ‘existential risk’ for investment managers

A number of investment managers have reacted to the release of the latest global warming report from the UN’s climate science body, the ...

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Investment manager CEO announces retirement

The chief executive of an investment management firm has announced he will retire after 18 years with the company. Challenger Limited managing ...

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Global investment manager launches ESG fund

A global investment manager has announced launch of a new ESG fund to Australian investors. First Sentier Investors’ Responsible Listed ...

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Spanish government approves Aus fund manager’s bid for energy group stake

The Spanish government has approved an Australian fund manager’s multibillion bid for a stake in a local energy group. IFM Investors’ offer for up ...

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RBA ‘optimistic’ on bounceback after lockdowns

The governor of RBA is “optimistic” that the Australian economy will recover in 2022 following more lockdowns around the country. While Greater ...

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AMP client registers were ‘incomplete’: Ombudsman

The small business ombudsman has revealed further details of former AMP advisers’ ongoing stoush with the wealth giant, suggesting client books sold ...

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