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Showing 1001 - 1010 of 2080 results for "Australian Securities"

Commbank knew of potential Storm collapse: lawyers

BEN COLLINS  |  WEDNESDAY, 22 AUG 2012
... meltdown, said AAP. The Commonwealth Bank has rejected this allegation. The trial will run alongside the Australian Securities & Investments Commission's (ASIC) action against the Commonwealth Bank, Macquarie and Bank of Queensland. ASIC has been prosecuting ...

AFMA urges ASIC to focus on market risk

LINDA HAUSKEN  |  THURSDAY, 16 AUG 2012
The Australian Financial Markets Association wants the Australian Securities & Investments Commission to refine its proposed approach to dark pools, claiming it would lead to better targeted regulatory intervention in the market. Dark pools are orders ...

Shareholders force RE change

BEN COLLINS  |  THURSDAY, 16 AUG 2012
... units in the fund was being diluted, and expressed concern over plans by 360 Capital to list the fund on the Australian Securities Exchange (ASX). Denison Funds Management CEO, Matthew Burrows, said Denison would willingly step into the role as Responsible ...

ASIC issues crowd funding guidance

LINDA HAUSKEN  |  WEDNESDAY, 15 AUG 2012
The Australian Securities & Investments Commission has issued guidance to promoters of 'crowd funding' to clarify arrangements that may be regulated under the Corporations Act and the ASIC Act. Crowd funding involves the use of the internet and social ...

Storm's victims counselled against settlement

BEN COLLINS  |  WEDNESDAY, 15 AUG 2012
... out-of-court settlement, should one be offered. Levitt advised his clients not to support any move by the Australian Securities & Investments Commission (ASIC) to accept an out of court settlement on the pretext that it would enable the banks to avoid ...

ASIC targets securities dealers

MELANIE TIMBRELL  |  TUESDAY, 14 AUG 2012
The Australian Securities and Investments Commission is honing in on securities dealers after discovering evidence of insufficient steps to ensure clients receive appropriate advice. ASIC's fourth market supervision report is the first to include information ...

ASX flags concerns over losing single operator status

LINDA HAUSKEN  |  TUESDAY, 14 AUG 2012
The Australian Securities Exchange raises a red flag over any loss of its current monopoly on clearing and settlement - claiming the country's financial market stability might be at risk. Up until now the ASX have been the single operator of clearing ...

Conflicts of interest worry ASIC

LINDA HAUSKEN  |  FRIDAY, 10 AUG 2012
Following its recent review of the asset consultant industry, the Australian Securities & Investments Commission (ASIC) has expressed concerns over fee structure conflicts of interest based on preferring services. ASIC conducted the review as part of ...

APA ups HDF offer

BEN COLLINS  |  FRIDAY, 10 AUG 2012
... superior to the Pipeline Partners Australia offer for HDF," APA chairman Len Bleasel said in a statement to the Australian Securities Exchange (ASX). If the offer is accepted, APA said that it would raise $350 million to help fund the takeover by issuing ...

ASIC bans ABC LC auditor

BEN COLLINS  |  THURSDAY, 9 AUG 2012
The Australian Securities & Investments Commission has banned an ABC Learning Centres auditor from practicing for five years. The Australian Securities & Investments Commission (ASIC) said it has accepted an enforceable undertaking (EU) from Brisbane ...