Industry View

Technology helps trustee transparency but also regulator scrutiny

Jeffrey Leckstein, head of Australia at Bloomberg, explains how technology is improving transparency for investors but also how regulators are using it for accountability. As global growth converges towards a slower speed, more funds in Australia are utilising derivatives to achieve investment objectives and manage exposures, leaving trustees and boards increasingly concerned about the associated risks. Many […]
Investment Strategy

ASIC predicts cyber-crime benchmarks for all

Financial services firms should be able to state their level of cyber security in line with international benchmarks, according to Greg Medcraft, chairman of the Australian Securities and Investment Commission (ASIC). Medcraft, speaking at a forum at the Bloomberg offices in Sydney, said it was no longer acceptable for organisations to communicate their level of […]