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Showing 101 - 110 of 117 results for "Responsible entities"

ASIC eyes off UL property

BEN COLLINS  |  WEDNESDAY, 18 JUL 2012
... The Australian Securities & Investments Commission yesterday released the findings of a proactive review of responsible entities operating managed investment schemes in the unlisted property sector. As part of this review, the Australian Securities & ...

Industry questions RE concept after Trio collapse

MELANIE TIMBRELL  |  WEDNESDAY, 23 MAY 2012
... in-house Responsible Entity. "Certainly ASIC is looking at ensuring that the people behind funds and in-house responsible entities are better funded and of good reputation, but this will never be sufficient to protect investors," he said. However, one ...

ASIC: New regulations for responsible entities

ELISE BURGESS  |  TUESDAY, 8 NOV 2011
ASIC has released new financial requirements for responsible entities of managed investment schemes, including minimum capital requirements, in its latest regulatory guide that wants to align entities with investor interests. In updated versions of ...

FPA urge Treasury to revise legis

ELISE BURGESS  |  FRIDAY, 20 MAY 2011
... vertically integrated models with more dealer groups bought out by larger institutions and have medium firms being responsible entities and releasing products," said Dante de Gori, FPA general manager policy and government relations. Clarifying that ...

ASIC strikes back in Opus dispute

JOHN MCDULING  |  FRIDAY, 22 OCT 2010
... Information. The dispute is set against the backdrop of ASIC tightening capital and liquidity requirements for responsible entities of managed investment schemes. In proposals it is seeking to implement by July next year, ASIC wants REs to set aside ...

ASIC tightens noose on managed inv schemes

JOHN MCDULING  |  FRIDAY, 8 OCT 2010
... the very same people they aim to protect. In a recently released discussion paper, ASIC had proposed that responsible entities (REs) set aside up to $5 million in net tangible assets, or 10 per cent of average gross revenues, to ensure operating costs ...

Gunns freezes MIS offerings

RUTH LIEW  |  WEDNESDAY, 5 MAY 2010
... Commission released a consultation paper last month aimed to improving disclosure to retail investors by responsible entities of agribusiness schemes. The corporate watchdog is proposing a benchmark-based disclosure model for unlisted agribusiness schemes ...

Push for redemption freeze lifts: PASL

COMPANY RELEASE  |  WEDNESDAY, 15 JUL 2009
... "Yet the superannuation industry has been surprisingly passive on the issue. Few have questioned whether the Responsible Entities (RE) for these schemes have correctly applied the procedures required to implement the freezes and, more importantly, whether ...

Austock's McFarlane resigns

MICHAEL HOBBS  |  MONDAY, 22 SEP 2008
... positions on the firm's Property Management and, separately, the Funds Management board. These boards are the responsible entities of the Australian Education Trust, Austock Childcare fund, Api fund and The Australian Social Infrastructure fund. In a ...

ASIC completes unlisted asset guide

MICHAEL HOBBS  |  THURSDAY, 4 SEP 2008
... modified the implementation timetables. The regulator's team will work with unlisted property and mortgage fund responsible entities in implementing the enhanced disclosure inline with the altered timetable. The unlisted retail mortgage scheme sector ...