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Showing 1131 - 1140 of 2507 results for "Legal"

Former Australian cricket captain in crypto fail

JAMIE WILLIAMSON  |  TUESDAY, 23 OCT 2018
... Commenting on the ongoing action, ASIC commissioner John Price said: "If you raise money from the public, you have important legal obligations. It is the legal substance of your offer - not what it is called - that matters." "You should not simply assume ...

Chief economist update: If you can't beat Trump, copy Trump

BENJAMIN ONG  |  TUESDAY, 23 OCT 2018
... the economies of its trading partners. Win-win! ========== Below is the draft tax reduction plan I borrowed from the China Legal Information Center. "According to the draft plan, expenditures on children's education could be deducted at a fixed standard ...

TAL slashes jobs, cuts outbound sales

JAMIE WILLIAMSON  |  FRIDAY, 19 OCT 2018
At least 50 staff members at TAL have been made redundant as part of a wider move to scale back its direct life insurance business. TAL said an ongoing program of change has been underway for some time and has so far resulted in reduced staffing requirements ...

Firetrail calls off $305m IPO

KANIKA SOOD  |  WEDNESDAY, 17 OCT 2018
... boutique has $3.1 billion across its two strategies. It was set to pay $9.4 million in expenses to joint lead managers, legal, investigating accountant, ASX, ASIC for lodgement and others, for the $304.5 million offer. Actual spend would have been lower ...

ANZ compensation bill hits earnings

KARREN VERGARA  |  MONDAY, 8 OCT 2018
... customer remediation programs. The bank will recognise the losses in 2H18 for refunds owed to customers. It also factored in legal costs associated with the Royal Commission of $55 million (pre-tax). These relate to issues that have been identified from ...

KKR offers $2.6b to acquire MYOB

KANIKA SOOD  |  MONDAY, 8 OCT 2018
... generated $218 million in revenue with an NPAT of $25 million. MYOB has appointed UBS as financial adviser and Clayton Utz as legal adviser. The stock jumped 20% on the news, opening at $3.58 for morning trading in Sydney.

RC interim report is fair: Spot poll

KARREN VERGARA  |  MONDAY, 8 OCT 2018
... regulatory regime, he mulled. "Passing some new law to say, again, 'Do not do that', would add an extra layer of legal complexity to an already complex regulatory regime. What would that gain?" One-in-four survey participants described the interim ...

Legal woes continue for super fund

JAMIE WILLIAMSON  |  WEDNESDAY, 3 OCT 2018
... provide information that would enable him to make an informed decision as to whether Rest directors were complying with their legal obligations. McVeigh, backed by Environmental Justice Australia, has now updated the claim to allege Rest has failed to ...

IOOF completes ANZ dealer group acquisitions

HARRISON WORLEY  |  TUESDAY, 2 OCT 2018
... acquiring ANZ's One Path Pensions and Investments (ANZ P&I) business. As of Monday, the diversified wealth manager took full legal ownership of ANZ's aligned dealer groups, and finalised the substantial "economic" completion of the ANZ P&I business after ...

Interim report dotted with questions

KANIKA SOOD  |  FRIDAY, 28 SEP 2018
... and fairly," the report said. "Passing some new law to say, again, 'Do not do that', would add an extra layer of legal complexity to an already complex regulatory regime." "What would that gain?" he asked. The summary of the Royal Commission's ...