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Showing 121 - 130 of 1364 results for "Australian Securities and Investments Commission"

FinTech Australia appoints interim chief executive

DARREN SNYDER  |  MONDAY, 12 MAR 2018
... the association dealt with policy outcomes which included: The creation of an Australian Securities and Investments Commission (ASIC) regulatory sandbox; Bringing equity crowdfunding to Australia; Removing the double-taxing of goods and services tax ...

ASIC successfully files injunction against Melbourne advice provider

JAMIE WILLIAMSON  |  MONDAY, 15 JAN 2018
... Corporations Act 2001, the National Consumer Credit Protection Act 2009 and the Australian Securities and Investments Commission Act 2001, including breaches of the best interests duty and unlicensed conduct. As such, ASIC sought injunctive relief as ...

ASIC remains firm on IFA definitions

DARREN SNYDER  |  TUESDAY, 14 NOV 2017
The Australian Securities and Investments Commission reaffirmed its position on terminology used to describe the independence of financial advisers. ASIC's latest update to Regulatory Guide 175 (RG 175) confirms that terms such as "independently owned" ...

ANZ and ASIC settle over BBSW case

DARREN SNYDER  |  MONDAY, 23 OCT 2017
ANZ and the Australian Securities and Investments Commission have reached a confidential and in-principle agreement to settle court action relating to the Australian bank bill swap rate market. This morning ASIC asked the Federal Court to stand down ...

ASIC links previously banned adviser to court proceedings

EMMA RAPAPORT  |  WEDNESDAY, 16 AUG 2017
... the defendants breached various provisions of the Corporations Act 2001 and the Australian Securities and Investments Commission Act 2001, including the best interest obligations financial advisers owe to their clients under the Future of Financial Advice ...

Sydney RE to pay for false ads

JAMIE WILLIAMSON  |  MONDAY, 17 JUL 2017
... October 2015. Huntley advertised that its investment projects were 'approved by the Australian Securities and Investments Commission', but admitted to the regulator that this was misleading. Huntley also consented to - and was accused by the Federal ...

Labor fights phoenix fraud

EMMA RAPAPORT  |  WEDNESDAY, 24 MAY 2017
... proposed reforms. The package will see the granting of new enforcement tools for the Australian Securities and Investments Commission (ASIC), the tightening of laws protecting employee entitlements, and the applications of harsher penalties to deter ...

Financial dispute authorities combined for 'one-stop-shop'

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... dispute resolution service, the Federal Government will provide $4.3 million to the Australian Securities and Investments Commission (ASIC) over four years from 2017-18, including capital of $0.9 million in 2017-18. This funding will also enable ASIC ...

ABA committing to industry reforms

KARREN VERGARA  |  THURSDAY, 30 MAR 2017
... and responsibilities, as well as giving the Compliance Monitoring Committee and Australian Securities and Investments Commission more oversight and enforcement powers over the industry, Ohlsson said.

Adviser contravenes FoFA obligations

EMMA RAPAPORT  |  MONDAY, 20 MAR 2017
... accused by the regulator of various breaches of the Corporations Act and the Australian Securities and Investments Commission Act. This includes alleged breaches of the best interests obligations, engaging in unconscionable conduct, and failing to hold ...