Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1261 - 1270 of 3918 results for "law"

ASIC refuses just 3% of AFSL relief applications

HARRISON WORLEY  |  WEDNESDAY, 24 JUN 2020
... approved as COVID-19 began to impact the financial services industry. The regulator said its report shows how it helped the law "work better for business" by granting 619 applications for relief from the Corporations Act and National Credit Act during ...

HSBC hit with $2.3bn suit over Disney investments

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUN 2020
Banking giant HSBC is facing a $2.3 billion (GBP 1.3 billion) law suit over investments in Disney films allegedly promoted by its private bank in the UK. The Eclipse Film Partnerships were a series of film financing schemes conceived by HSBC and promoted ...

ATO doubles down on fraud crackdown

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2020
... assist those experiencing hardship), severe penalties can be applied to tax avoidance schemes or those found to be breaking the law. If someone recommends something like this that seems too good to be true, well, it probably is." The ATO said penalties ...

ISA responds to calls for SG freeze

JAMIE WILLIAMSON  |  MONDAY, 22 JUN 2020
... leadership who have said time and time again that they support the staged increases in people's super that are locked in law," ISA chief executive Bernie Dean said. "The Prime Minister and Treasurer wouldn't want to risk a generation of Australian ...

EM winners, losers emerge in COVID-19 struggle

ALLY SELBY  |  FRIDAY, 19 JUN 2020
... in Wuhan and whether China covered it up," Cirami said. "A geopolitical fissure began to emerge in reaction to China's new law that supersedes the Hong Kong constitution and threatens the end of 'one country, two systems'." These tensions, as well as ...

Chief economist update: Australian Renaissance

BENJAMIN ONG  |  MONDAY, 15 JUN 2020
"Renaissance is a French word meaning "rebirth." It refers to a period in European civilisation that was marked by a revival of Classical learning and wisdom. The Renaissance saw many contributions to different fields, including new scientific laws ...

SEC charges COVID-19 microcap scammers

ALLY SELBY  |  FRIDAY, 12 JUN 2020
Five people and six offshore entities have been charged over an alleged fraudulent scheme which sought to capitalise on the COVID-19 pandemic through the illegal sale of microcap stocks. The US Securities and Exchange Commission allege the scheme, boosted ...

FASEA extension hits snag

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
The extensions that will allow financial advisers an extra year to complete the FASEA exam and two years to complete the FASEA education requirements was returned to the House of Representatives after an amendment was sought. Despite being introduced ...

Chief economist update: The second wave

BENJAMIN ONG  |  FRIDAY, 12 JUN 2020
... hospitalizations at highest since May 13 and have risen in nine of past 10 days." Just as I've warned earlier: "Murphy's Law could still take hold in the form of a second wave that would prompt the re-enforcement of isolation and lockdown measures..." ...

Rest climate change trial delayed

ELIZABETH MCARTHUR  |  THURSDAY, 11 JUN 2020
Rest member Mark McVeigh's day in court with his $57 billion industry superannuation fund over its management of climate change risk has been delayed. New orders were made in the Federal Court yesterday, with the trial date pushed back from July ...