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Showing 31 - 40 of 325 results for "financial services"

Mike Ng named first chief sustainability officer for OCBC

ROSE MARY PETRASS  |  WEDNESDAY, 26 JUL 2023  |  NEWS
... transition to net zero on both the lending and wealth management fronts at Southeast Asia's second largest financial services group by assets. CEO Helen Wong said the new role would be focused on strong governance and will oversee bringing the business ...

ASIC takes Vanguard to court over further greenwashing claims

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023  |  NEWS
... published online. "ASIC will continue its focus on alleged greenwashing conduct and we continue to stress to the financial services industry that if exclusions in investments are promised, these exclusions need to be applied and promises upheld," Court ...

ACCC publishes greenwashing guidance

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUL 2023  |  NEWS
... on consumer facing products and services, whereas ASIC is primarily responsible for financial products and financial services," the guidance said. "However, misleading environmental claims may sometimes fall within both ASIC's jurisdiction and the ACCC's ...

RIAA CEO Simon O'Connor to exit after 10 years

ROSE MARY PETRASS  |  THURSDAY, 29 JUN 2023  |  NEWS
... that the organisation has evolved from "a cottage industry on the side-lines" to "right in the centre of core financial services discussions, focus and regulatory development". Ross Piper, chair of the RIAA board commented: "Simon has been a highly effective ...

Amid economic uncertainty, "overlooked" co-ops and mutuals thrive

ROSE MARY PETRASS  |  MONDAY, 26 JUN 2023  |  NEWS
... 2022 financial year, despite global and domestic economic uncertainty - with the greatest number being in the financial services sector, a new report has found. A report published by the Business Council of Co-operatives and Mutuals (BCCM) has found ...

Podcast: Getting the balance right - Laura Ryan

ROSE MARY PETRASS  |  THURSDAY, 22 JUN 2023  |  NEWS
... than two decades of experience under her belt in quantitative analytics for leading national and international financial services institutions, Ryan discusses her recent paper, co-authored alongside the CFA Institute and ANU, on promotion rates in the ...

ASIC chair calls out greenhushing as form of greenwashing

RACHEL ALEMBAKIS  |  MONDAY, 5 JUN 2023  |  NEWS
... it's of global significance," Longo said. "I would go so far as to say this is the biggest change in the financial services sector in a generation. We need to be prepared for that change as it unfolds. "Why? Because Australia is part of a global ...

Hejaz invests in Islamic Bank Australia

RACHEL ALEMBAKIS  |  WEDNESDAY, 31 MAY 2023  |  NEWS
... that will see Hejaz abandon its plan to obtain its own retail banking license. Hejaz, an Australian Islamic financial services provider, is funding the investment into Islamic Bank Australia through internal capital, and "is also currently raising externally ...

AI and ESG: risk or opportunity?

ROSE MARY PETRASS  |  THURSDAY, 25 MAY 2023  |  NEWS
... such as race, gender, nationality, or age. However, AI can also foster inclusion, like enhancing access in financial services or enabling remote diagnostic services in healthcare. Human capital: AI's automation of repetitive tasks can boost employee ...

Outgoing APRA deputy governor calls for greater board diversity

RACHEL ALEMBAKIS  |  THURSDAY, 18 MAY 2023  |  NEWS
... sound governance and risk culture practices," she added. "Effective DEI practices support a more resilient financial services sector by strengthening governance and risk management and providing better outcomes for customers," Rowell said. The focus ...