ASIC today released a short report detailing the 35 interventions it has made in response to its greenwashing surveillance activities from 1 July 2022 to 31 March 2023. The report also identifies the increasing levels of representations on environmental, social and governance credentials by listed companies, managed funds and superannuation funds. ASIC Deputy Chair Karen …
ASIC has cancelled the Australian financial services (AFS) licence of DGR Bloodstock Services Pty Ltd (DGR). The licence authorised DGR to provide financial product advice and deal in interests in managed investment schemes limited to horse racing to retail and wholesale clients. ASIC cancelled the licence because DGR has ceased to carry on a financial …
ASIC cancels AFS licence of DGR Bloodstock Services Pty Ltd Read More »
ASIC has cancelled the Australian financial services (AFS) licence of Capital Investment Partners Pty Ltd (Capital Investment Partners). The license authorised Capital Investment Partners to deal in securities and interests in managed investment schemes and to provide financial product advice for wholesale clients. ASIC cancelled the licence because Capital Investment Partners has ceased to carry …
ASIC cancels AFS licence of Capital Investment Partners Pty Ltd Read More »
Thank you to the Responsible Investment Association Australasia (RIAA) for the opportunity to join you today. The Association has clearly set your target statement: to scale new heights in sustainability and with impact. I would like to begin by acknowledging the Traditional Owners’ ongoing connection to, and custodianship of, the lands on which we meet …
FTSE 100 remains down 20 points Pound weaker against dollar US markets open lower Activision lawyers up Activision Blizzard (NASDAQ:ATVI) has brought on Blackstone (NYSE:BX) Chambers heavyweight silk Lord David Pannick KC to bring the fight to the UK Competition watchdog after it blocked Microsoft’s high-profile US$69bn takeover of the Call of Duty and World …
Britain’s government will not change the Bank of England’s 2% inflation target and is working with the central bank to ensure fiscal and monetary policy both work to bring down inflation, financial services minister Andrew Griffith said on Tuesday. “We will continue to work closely with them (the BoE) to ensure that monetary and fiscal …
UK government will not change BoE inflation target, minister says Read More »
The European Central Bank may need to raise interest rates for longer than currently anticipated, and September could be the earliest moment when policymakers can judge whether past rate hikes have been effective, ECB policymaker Peter Kazimir said on Tuesday. The ECB has lifted rates at each of its past seven meetings to fight a …
ECB may need to raise rates for longer than anticipated: Kazimir Read More »
The inspections were part of a joint operation with the South West Regional Organised Crime Unit, Yorkshire and Humber Regional Organised Crime Unit and the Nottinghamshire Police force. Therese Chambers, Executive Director of Enforcement and Market Oversight at the FCA, said: ‘Crypto ATMs operating without FCA registration are illegal. The action we’ve taken over the …
FCA continues action against unregistered crypto ATMs across the UK Read More »
London stocks fell on Tuesday as traders returning from a long weekend were cautious ahead of a key U.S. inflation data that could offer hints on the Federal Reserve’s monetary policy path. The blue-chip FTSE 100 fell 0.3% after a holiday on Monday for the official coronation of King Charles over the weekend, while the …
London stocks fall on caution ahead of U.S. inflation data Read More »
Sterling eased against the U.S. dollar on Tuesday but stayed close to the previous day’s one-year high, ahead of the Bank of England (BoE) policy decision later this week. At 0904 GMT, the pound was down 0.3% against the dollar at$1.26145, while it ticked 0.17% higher versus the euro to 87.06 pence. Sterling remains close …
Sterling hovers near one-year high as traders eye BoE decision Read More »
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