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Showing 1201 - 1210 of 1371 results for "Corporations"

US pension fund wealth bigger than individual wealth

HAMISH MADDEN  |  WEDNESDAY, 12 APR 2006
... unchecked, was ultimately harmful to its members, regardless of short-term returns. This may include where funds invest in corporations which treat their employees badly or bring about negative social or environmental outcomes, for example. "Pension ...

CSA rejects compulsory governance reporting

... make it compulsory, because both solutions would merely reduce CSR to a box-ticking exercise. In a submission to the Corporations and Markets Advisory Committee's (CAMAC) inquiry into CSR, the group said that tighter regulation would not make Australian ...

IFSA get set to push product rationalisation

... services reforms, submitted to Chris Pearce, Parliamentary Secretary to the Treasurer, along with amendments to the Corporations Act. Under the proposals product suppliers would be able to close existing and out-of-date 'legacy' products and transfer ...

Keep it short and simple: ASIC

Financial services regulator ASIC has made changes to the Corporations Act that will allow providers of general financial product advice to provide shorter, simpler general advice warning when they give oral general advice. 'By focussing on the core ...

ASIC chairman talks about governance and er, bullfrogs

... over recent years. "One of ASIC's key goals over the next five years is to strengthen the integrity of Australian corporations by acting against corporate and financial fraud and misconduct by company directors and officers," Lucy pointed out that fraudulent ...

Business is losing the battle for trust: Edelman

... services industry. "These findings are particularly interesting given the current Joint Parliamentary Inquiry on Corporations and Financial Services into corporate responsibility. It provides valuable insight into where stakeholders sit on this issue ...

ASIC comes down on financial services fraud

... gambling and personal expenses. With investor's funds of $107,168 still outstanding, ASIC pursued McKim under the Corporations Act 2001 for inducing people to deal in financial products and carrying on an unlicensed financial services business. The Australian ...

ASIC and IAG resolve premium problems

... continue to compensate affected customers who have not yet received compensation. ASIC issued a direction under the Corporations Act 2001 which requires IAL to provide regular reports to ASIC on the problem and its aftermath. 'ASIC's priority is to ensure ...

Property developer owing over $14M to investors appears in court

The Australian Securities and Investments Commission (ASIC) has brought 20 charges of breaching the Corporations Act against John Sage in the Melbourne Magistrates Court. The regulator alleges Sage provided prospective investors in the Victorian based ...

ASIC rubs out financial adviser

... in April 2005 when the bank discovered he was not satisfying its compliance requirements and was in breach of the Corporations Act. Upon his termination NAB notified both the regulator and Queensland Police about Bates' conduct. Following an investigation ...