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31 October 2013 • By • 1 min read

Former Trio director banned for 10 years

The prudential regulator has accepted an enforceable undertaking (EU) from a thirteenth Trio Capital director, bringing the Australian Prudential ...

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Corporate regulator ‘spread too thin’

The Australian Securities and Investments Commission (ASIC) needs to be a lot smarter about the way it deploys its resources around the financial ...

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'Resource scarcity' top risk for investors

Resource scarcity is the top 'extreme risk' for institutional investors – surpassing the threat of global depression for the first time, according to ...

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US investor confidence plummets

The State Street Global Investor Confidence Index (ICI) fell to 95.7 this month with a 5.6 point decline from the September reading of 101.3.  This ...

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Aussie firms rated highly on risk management

Australian financial services firms are doing a better job than their global peers when it comes to managing risk, but increasing regulatory oversight ...

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Underfunded ASIC a ‘desktop regulator’

Industry Super Australia (ISA) has pointed to the current inadequacy of the Australian Securities and Investments Commission's (ASIC’s) funding and ...

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Former Trio investment manager pleads guilty

The investment manager of ARP Capital Growth, one of the funds associated with collapsed firm Trio Capital, has pleaded guilty to 20 criminal charges ...

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Asia drives ANZ’s $6.3bn profit

ANZ has reported a $6.3 billion net profit after tax for the full year, as the bank continues its “targeted expansion in Asia”. The profit is up 11 ...

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NSW fires cost Suncorp $60 million

Suncorp Group has received 400 claims resulting from the NSW bushfires in the last two weeks, which is likely to cost the group between $60 million ...

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Westpac and BT launch SIV service

Westpac and BT Financial Group have established a new service for high net-worth individuals looking to apply for the government’s significant ...

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