Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1071 - 1080 of 1371 results for "Corporations"

No complaints for HK regulator

MICHAEL HOBBS  |  TUESDAY, 29 JUN 2010
... Only those that have dealt with SFC in their normal course of business were surveyed, including law firms, licensed corporations and accounting practices. Martin Wheatley, chief executive at SFC, said the survey is meant to identify possible gaps between ...

CFSGAM studies infrastructure ESG risk

PRESS RELEASE  |  WEDNESDAY, 23 JUN 2010
... governance (ESG) risk given the long-term nature of the investments. The fund manager selected the International Finance Corporations (IFC) Environment, Health and Safety Guidelines as a framework for direct infrastructure investment when considering ...

KPMG challenges ASIC on Constitutional powers

ASIC RELEASE  |  THURSDAY, 20 MAY 2010
... regulator claims KPMG was negligent when auditing the accounts and should have told ASIC that it suspected breaches of Corporations Act were taking place within the Westpoint Group. The action was later transferred to the High Court in April this year ...

Directors disqualified for 20 years

ASIC RELEASE  |  THURSDAY, 29 APR 2010
ASIC has disqualified six directors in the last three months from managing corporations for a combined 20 years, following their involvement in failed companies. Of these disqualified directors, three were from Victoria, two were from Queensland and ...

ASIC bans client adviser for life

ASIC RELEASE  |  THURSDAY, 22 APR 2010
... 2008. The Australian Securities & Investments Commission (ASIC) investigation found Ho broke section 1041G(1) of the Corporations Act. He also breached the Act when he made several entries to mislead Stonebridge and when he falsified order entries in ...

ASIC targets alleged Ponzi scheme

ASIC RELEASE  |  WEDNESDAY, 14 APR 2010
... of the arrangements they were entering into, and that the defendants may have breached various provisions of the Corporations Act. Between 2006 and 2009, the defendants allegedly raised around $14.6 million from more than 100 investors (principally in ...

Insto investors win from govt Chi-X approval

MICHAEL HOBBS  |  THURSDAY, 1 APR 2010
... Chi-X Australia must now meet legislative requirements to be granted an Australian market licence. In addition, the Corporations Regulations 2001 Act must be amended to define the regulatory framework. "If final approval is granted, Chi-X's competing ...

Director charged in Westpoint case

ASIC RELEASE  |  MONDAY, 29 MAR 2010
... financial services (AFS) licence. As a result of his conviction, Silver is also automatically disqualified from managing corporations for five years. ASIC alleged that between 13 March 2003 and 30 November 2005, Lancer Group carried on a financial services ...

ASIC cancels Teys Property AFSL

ASIC RELEASE  |  FRIDAY, 26 MAR 2010
... administration on 5 March 2010. Adam Shepard, of Setter Shepard, was appointed as administrator on 5 March 2010. Under the Corporations Act, ASIC has the power to suspend or cancel an AFS licence if the responsible entity holding the licence is placed ...

Ex Macquarie broker pleads guilty

ASIC RELEASE  |  TUESDAY, 16 MAR 2010
... market manipulation. Chan of Balwyn, Victoria, pleaded guilty to market manipulation contrary to section 1041A of the Corporations Act 2001. The charges, brought by the Australian Securities and Investments Commission (ASIC), relate to his alleged manipulation ...