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Showing 121 - 130 of 1993 results for "Australian Securities"

ASIC links previously banned adviser to court proceedings

EMMA RAPAPORT  |  WEDNESDAY, 16 AUG 2017
... 13 May 2016. ASIC alleges the defendants breached various provisions of the Corporations Act 2001 and the Australian Securities and Investments Commission Act 2001, including the best interest obligations financial advisers owe to their clients under ...

Sydney RE to pay for false ads

JAMIE WILLIAMSON  |  MONDAY, 17 JUL 2017
... September 2010 and 7 October 2015. Huntley advertised that its investment projects were 'approved by the Australian Securities and Investments Commission', but admitted to the regulator that this was misleading. Huntley also consented to - and was accused ...

Labor fights phoenix fraud

EMMA RAPAPORT  |  WEDNESDAY, 24 MAY 2017
... through a package of proposed reforms. The package will see the granting of new enforcement tools for the Australian Securities and Investments Commission (ASIC), the tightening of laws protecting employee entitlements, and the applications of harsher ...

Financial dispute authorities combined for 'one-stop-shop'

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... delivers an effective dispute resolution service, the Federal Government will provide $4.3 million to the Australian Securities and Investments Commission (ASIC) over four years from 2017-18, including capital of $0.9 million in 2017-18. This funding ...

ASIC cancels responsible entity AFSL

EMMA RAPAPORT  |  WEDNESDAY, 12 APR 2017
The Australian Securities and Investment Commission cancelled the AFSL of a responsible entity for failing to comply with a number of its key obligations as a financial services licensee. The company, DD&D Securities, is the responsible entity for Dwyers ...

ANZ launches global technology ETF

EMMA RAPAPORT  |  TUESDAY, 11 APR 2017
... said. The new ETF will have a management cost of 0.45% per annum and is expected to begin trading on the Australian Securities Exchange on 11 April 2017.

ABA committing to industry reforms

KARREN VERGARA  |  THURSDAY, 30 MAR 2017
... understand their banking rights and responsibilities, as well as giving the Compliance Monitoring Committee and Australian Securities and Investments Commission more oversight and enforcement powers over the industry, Ohlsson said.

ASIC releases RE compliance obligations

KARREN VERGARA  |  TUESDAY, 28 MAR 2017
The Australian Securities and Investment Commission is urging responsible entities to maintain adequate risk management systems to avoid any adverse consequences for investors. ASIC's recently released regulatory guide - RG 259 Risk Management systems ...

Adviser contravenes FoFA obligations

EMMA RAPAPORT  |  MONDAY, 20 MAR 2017
... (trading as Yes FS), have been accused by the regulator of various breaches of the Corporations Act and the Australian Securities and Investments Commission Act. This includes alleged breaches of the best interests obligations, engaging in unconscionable ...

Credit Suisse fined for systems mishap

KARREN VERGARA  |  THURSDAY, 16 MAR 2017
Investment bank Credit Suisse was slapped with a $170,000 fine from the Australian Securities and Investment Commission for failing to have the appropriate price limits in place across its automated order processing (AOP) systems. The watchdog found ...