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Showing 1 - 10 of 16 results for "AFS"

Equity Trustees fined by ASIC

JAMIE WILLIAMSON  |  FRIDAY, 20 JUN 2025  |  NEWS
... Mindful Money Awards. "A responsible entity must have measures in place for ensuring it complies with its obligations as an AFS licensee," ASIC deputy chair Sarah Court said. "These include having adequate governance controls and procedures to ensure ...

ASIC clarifies licensing rules for carbon market

ROSE MARY PETRASS  |  WEDNESDAY, 9 OCT 2024  |  NEWS
... firms were unsure what constitutes a financial product in the carbon market and who needs an Australian Financial Services (AFS) licence. The Australian Securities and Investments Commission (ASIC) fielded questions on licensing for tradeable carbon ...

ASIC consults on guidance for carbon markets

ROSE MARY PETRASS  |  WEDNESDAY, 8 MAY 2024  |  NEWS
... corporate regulator will update guidance for carbon market participants in relation to the Australian financial services (AFS) licensing requirements. The Australian Securities and Investments Commission (ASIC) proposed an overhaul of its regulatory ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  THURSDAY, 3 AUG 2023  |  NEWS
ASIC's latest action against Vanguard for allegations of greenwashing in a bond fund raises the question of whether the market regulator will crack down on index providers and other third-party service providers for greenwashing as well. Last month ...

Proxy adviser reforms overturned by Senate

RACHEL ALEMBAKIS  |  THURSDAY, 10 FEB 2022  |  NEWS
The Senate has overturned proxy advice reforms announced at the end of last year, three days after the new regime had begun. On a vote of 29 votes to 25, the Senate disallowed the new regulations that were announced by Treasurer Josh Frydenberg in December ...

Proxy advisers assess impacts of government reform

RACHEL ALEMBAKIS  |  THURSDAY, 6 JAN 2022  |  NEWS
Proxy advisers are grappling with the implications of reforms announced last month, saying that the changes will introduce operational risks and could force a rethink of how they provide services. Beginning 7 February, all proxy advisers must hold a ...

UCA Funds Management supports 30% women on boards target

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 FEB 2016  |  NEWS
UCA Funds Management will support the Australian Council of Superannuation Investors (ACSI)'s goal of seeing women comprise 30% of ASX200 board positions by 2018. Michael Walsh, UCA Funds Management The ethical fund manager will monitor the proportion ...

UCA Funds Management select Northern Trust

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 AUG 2015  |  NEWS
UCA Funds Management has selected Northern Trust as its custodian. Last week, UCA Funds Management announced it would complete the process to become a responsible entity (RE) and have two of their funds registered managed investment schemes this year. ...

UCA Funds Management to convert funds to MIS

RACHEL ALEMBAKIS  |  FRIDAY, 31 JUL 2015  |  NEWS
UCA Funds Management will this year complete the process to become a responsible entity and have two of their funds registered managed investment schemes. Michael Walsh, UCA Funds Management UCA Funds Management is in the process of changing their Australian ...

Australian Forestry Standard releases supply chain standard

RACHEL ALEMBAKIS  |  FRIDAY, 8 AUG 2014  |  NEWS
... international best practice as timber products move through the supply chain, according to the Australian Forestry Standard (AFS). The AFS is a not-for-profit public company which owns and manages the Australian Forest Certification Scheme (AFSC), built ...
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