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Showing 111 - 120 of 487 results for "Section 62"

Zipmex files for debt relief amid ongoing crypto crash

CASSANDRA BALDINI  |  FRIDAY, 29 JUL 2022
Zipmex has filed moratorium applications in Singapore, preventing creditors from making claims while it attempts to fix liquidity issues. Today the crypto exchange will hold a case conference webinar open to its creditors via zoom following its announcement ...

Disclosure lacking in common ownership: Committee

JAMIE WILLIAMSON  |  FRIDAY, 18 MAR 2022
The House of Representatives Standing Committee on Economics has recommended greater disclosure obligations for institutional investors and proxy advisors and for the ACCC to actively monitor common ownership in Australia - all the while sharing little ...

Alpha females

ELIZABETH MCARTHUR  |  TUESDAY, 8 MAR 2022
The integration of environmental, social and governance concerns (ESG) into investment decisions has well and truly gone mainstream - but there is one element of governance that still flies under the radar for many investors. That is, gender diversity ...

Moomoo launches down under

CHLOE WALKER  |  MONDAY, 7 MAR 2022
As of tomorrow, Australian investors will be able to trade all shares and ETFs on Australian and US stock exchanges with the launch of global digital investment platform Moomoo. Access to Hong Kong, Singapore and China Connect exchanges are expected ...

ASIC considering more action on Sterling collapse

KARREN VERGARA  |  MONDAY, 14 FEB 2022
Corporate regulator ASIC is being urged to take more action with respect to the collapse of the Sterling Income Trust. A senate committee that recently handed down its final report in its inquiry into the collapse of the Sterling Income Trust is urging ...

Rainy day funds probed

ELIZABETH MCARTHUR  |  FRIDAY, 11 FEB 2022
MP Jason Falinski spent the most recent House Economics Committee hearing probing the implications of super funds creating "rainy day funds" to pay for possible fines and sanctions. At the beginning of the hearing, Falinski asked University of NSW professor ...

Economics Committee to examine rainy day funds

CHLOE WALKER  |  TUESDAY, 8 FEB 2022
The House Economics Committee is going to examine the rainy day funds created by superannuation funds following recent amendments made to the Superannuation Industry (Supervision) Act 1993. The hearing, scheduled for February 10, is part of the committee's ...

Proposed reforms could simplify advice

KARREN VERGARA  |  FRIDAY, 3 DEC 2021
Fresh proposals from the Australian Law Reform Commission aim to simplify several complex areas of financial advice legislation. The ALRC is proposing sweeping changes to financial services law, including changes that affect the advice industry, tabled ...

MSCI reclassifies Pakistan to frontier market

KANIKA SOOD  |  WEDNESDAY, 8 SEP 2021
The index provider will reclassify Pakistan from emerging to frontier, on the back of size and liquidity. MSCI will implement the change in a single step in November, alongside its semi-annual index review (SAIR). "Although the Pakistani equity market ...

Halifax auditor to cough up fines

KARREN VERGARA  |  THURSDAY, 19 AUG 2021
The auditor of Halifax Investment Services have been slapped with criminal charges and will pay up to $40,000. In a first for Australia's audit sector, Robert James Evett and EC Audit (formerly Bentleys NSW Audit) have been convicted by the Commonwealth ...