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Showing 1071 - 1080 of 2023 results for "Legislation"

86 billion Euros are in the mail, just

BENJAMIN ONG  |  TUESDAY, 14 JUL 2015
... like VAT and pension reform, must be legislated by the Greek parliament no later than July 15th. A week later further legislation must follow, including a total overhaul of Greece's judicial system." "But that is just the start, as Mrs Merkel had warned ...

Industry funds embrace board independence

LAURA MILLAN  |  MONDAY, 13 JUL 2015
... we lose two, we will decide which skills we lose." According to VicSuper chief executive Michael Dundon, the draft legislation will bring more significant changes to VicSuper's board (as it currently has eight directors under the equal representation ...

Glass-Steagall Act reintroduced to US Senate

ALEX DUNNIN  |  THURSDAY, 9 JUL 2015
... traditional activities from their investment management activities has been re-introduced into the US Senate. The legislation has been sponsored by GOP, Democrat and Independent Senators Elizabeth Warren, John McCain, Maria Cantwell and Angus King. A ...

LGsuper backs governance changes

DARREN SNYDER  |  THURSDAY, 9 JUL 2015
... structure that included an independent chair and having at least one-third independent directors. It matches draft legislation A put forward by the federal government recently. LGsuper chair and independent director, Bronwyn Morris, said the fund first ...

Australian Defence Force offered super fund choice

DARREN SNYDER  |  THURSDAY, 2 JUL 2015
... receive an employer superannuation contribution of 16.4% regardless of the super fund they choose. This forms part of legislation introduced by the federal government last month and announced in the 2014-15 federal budget. The legislation establishes ...

Super funds clash on board independence

DARREN SNYDER  |  FRIDAY, 26 JUN 2015
... pool. Industry Super Australia has warned about the reform's implications. Today the federal government introduced legislation proposing all Australian Prudential Regulation Authority (APRA) regulated super funds have a minimum of one-third independent ...

Investment Manager Regime passes through Parliament

MARK SMITH  |  THURSDAY, 18 JUN 2015
The Investment Manager Regime (IMR) legislation, aimed at removing tax uncertainty for foreign investors when using Australia-based fund managers, was passed through Parliament last night. The legislation was recommended by Mark Johnson in his 2009 ...

Australia bottom of the class for portfolio disclosure

MARK SMITH  |  THURSDAY, 11 JUN 2015
... found that Australia is the only market not to have some form of mandated portfolio holdings disclosure (PHD). Though legislation was introduced in 2013, they are yet to be finalised. The earliest implementation will be July 1, 2016. Less than half of ...

Employee share scheme reforms to boost start-ups

ALEX DUNNIN  |  FRIDAY, 5 JUN 2015
... exploit a range of qualifying conditions to in effect choose when to pay tax and at what rate, she said. The 2009 legislation, however, went too far the other way and, for example, imposed the tax liability often before the value in the shares had materialised. ...

Draft amendments to OTC rules released

MARK SMITH  |  MONDAY, 1 JUN 2015
The government is seeking submissions on the new draft legislation for the mandatory central clearing of over-the-counter (OTC) interest rate derivatives it has released. This is the latest step in a series of reforms aimed at bringing Australia in ...