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Showing 91 - 100 of 296 results for "Ruling"

Westpac cops BBSW fine

HARRISON WORLEY  |  MONDAY, 12 NOV 2018
... benchmark rates you are likely to have the maximum penalty imposed, whatever that is from time to time." As a result of the ruling, Westpac is also set to pay ASIC's costs of and incidental to the penalty hearing. ASIC Commissioner Cathie Armour was ...

Chief economist update: Stability is doing it for Japan

BENJAMIN ONG  |  MONDAY, 24 SEP 2018
... continued stability --in government and monetary policy. Japanese Prime Minister Shinzo Abe's victory in the just-concluded ruling party leadership vote indicates the continued progression on 'Abenomics'. At the same time, the Bank of Japan (BOJ) remains ...

Chief economist update: Japan's sun shines

BENJAMIN ONG  |  TUESDAY, 11 SEP 2018
... champion free trade." "Tit-for-tat trade sanctions don't benefit any country," Abe told a gathering of lawmakers from the ruling Liberal Democratic Party on Monday, without mentioning Trump by name. "Now is the time for Japan to take the lead in ...

Federal Court rules partly in favour of DomaCom

HARRISON WORLEY  |  TUESDAY, 14 AUG 2018
A Federal Court ruling on a potential breach of the Sole Purpose Test has been termed a "milestone" for the SMSF industry, however there are still hurdles to clear before sub-funds are not considered in-house assets or related trusts under the SIS (Superannuation ...

Royal Commission work impeded: Hayne

DARREN SNYDER  |  THURSDAY, 2 AUG 2018
... accessing documents from IOOF ahead of the fifth round of the financial services Royal Commission, beginning August 6. In a ruling published yesterday, the Commissioner detailed that IOOF subsidiary Questor Financial Services - a trustee services provider ...

Best-in-show list addresses insurance gaps

KARREN VERGARA  |  FRIDAY, 22 JUN 2018
... chair Karen Chester said the proposal is aiming to improve gaps in many areas including group insurance, and isn't ruling out the involvement of employers, industry funds and unions in establishing a solid best-in-show list everyone is happy with. ...

Platform provider extends relationship with wealth manager

HARRISON WORLEY  |  TUESDAY, 29 MAY 2018
A wealth manager with more than $21 billion in funds under management has extended its contract with a platform provider. JBWere has extended its contract with Praemium for two years. The deal will allow JBWere to continue to use Praemium's reporting ...

ASIC cancels Melbourne firm's AFSL

KANIKA SOOD  |  THURSDAY, 17 MAY 2018
... court also ordered that WRM be restrained from carrying on a financial services business for 18 years. After the court ruling, ASIC decided to cancel the firm's AFS licence as it had ceased to carry on its financial services business. The cancellation ...

AAT upholds ruling against ex-Macquarie and ex-Credit Suisse advisers

EMMA RAPAPORT  |  TUESDAY, 12 DEC 2017
The Administrative Appeals Tribunal has affirmed ASIC's decision to ban a former Macquarie equities financial adviser and former Credit Suisse employee from providing financial services for three years. ASIC's decision to ban Tony Davidof and Philip ...

Japanese sun rises

BENJAMIN ONG  |  TUESDAY, 17 OCT 2017
... period between the March 2005 and June 2006 quarters. Underlying all these is optimism that Prime Minister Shinzo Abe's ruling Liberal Democratic Party will win the 22 October general elections and hence, the continuation of "Abenomics" - the program ...