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Showing 41 - 50 of 743 results for "Regulations"

Another round of consultation for veteran super taxation

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
The government has commenced consultation on new draft regulations related to the Douglas decision, adding to the regulations introduced to parliament late last year. In November 2022, the government introduced legislation aimed at ensuring no veteran ...

Modern slavery on the rise a decade on from Rana Plaza

RACHEL ALEMBAKIS  |  FRIDAY, 21 APR 2023
... 1000 people died in the Rana Plaza textile factory collapse in Bangladesh in April 2013. In the intervening years, regulations to improve factory safety has been introduced in Bangladesh, and issues related to worker safety and human rights has become ...

APRA consults on approach to combining product histories

JAMIE WILLIAMSON  |  THURSDAY, 20 APR 2023
... draft technical determination that modifies certain return formulae for the performance test contained in the SIS regulations. "This technical determination will operate in limited circumstances by adapting the performance test to reflect a product's ...

Frontier Advisors tops asset consultant ranking

ANDREW MCKEAN  |  MONDAY, 17 APR 2023
... tools, meeting agreed benchmarks, reasonable fees, risk assessment and advice, advice on Your Future, Your Super and regulations, as well as Net Promoter Score. Frontier chief executive Andrew Polson said: "This year's results are close to the best the ...

ASIC cans Binance AFSL

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... Changpeng Zhao, the group's chief executive, and three entities for violating the Commodity Exchange Act and CFTC regulations. The Monetary Authority of Singapore put Binance on an investor alert list, warning them that it did not have a licence to operate ...

Super performance test consultation opens

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... Superannuation Industry (Supervision) Amendment (Your Future, Your Super- Addressing Underperformance in Superannuation) Regulations 2023. Changing the duration of the testing period will examine a superannuation product's performance based on the ...

New Australian digital assets bill to regulate crypto

ANDREW MCKEAN  |  THURSDAY, 30 MAR 2023
... Stablecoin Issuance. For Digital Asset Exchanges, the Bill proposes minimum capital requirements, participant conduct regulations, and governance measures to ensure transparency and security. It also mandates the segregation of customer funds to protect ...

US regulator sues crypto giant, chief executive

CASSANDRA BALDINI  |  TUESDAY, 28 MAR 2023
... permanent trading and registration bans, and a permanent injunction against further violations of the CEA and CFTC regulations, as charged. In response, Zhao said the CFTC filing was "unexpected" and "disappointing." "Upon an initial review, the complaint ...

Super reform "takes away the right to be tax exempt"

ANDREW MCKEAN  |  TUESDAY, 28 MAR 2023
... capital gains tax, has drawn criticism from a top AFSL. Under the existing Superannuation Industry Supervision (SIS) regulations, retirees must draw a minimum pension amount based on their age when they start an income stream. This minimum amount must ...

Government targets ASX dominance

ANDREW MCKEAN  |  FRIDAY, 24 MAR 2023
... the clearing and settlement services market. Under the proposed legislation, ASIC will have the authority to create regulations to encourage competition while prioritising the safety and effectiveness of emerging competitors. ASIC's rule-making authority ...