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

Search Results

Showing 131 - 140 of 1334 results for "Corporations"

CLSA penalised over data mistakes

MATTHEW WAI  |  FRIDAY, 30 AUG 2024
... admission of guilt or liability, and by doing so, CLSA is not taken to have contravened subsection 798H(1) of the Corporations Act. The corporate watchdog said that providing accurate regulatory data is a "core obligation" of market participants, in ...

Former BBY employee sentenced for 'dishonest conduct'

MATTHEW WAI  |  WEDNESDAY, 21 AUG 2024
... charging her in late November last year. Yuen pleaded guilty to two offences which contravened sections 1041G(1) of the Corporations Act and section 11.2 of the Commonwealth Criminal Code. As a result, she was sentenced to an aggregated sentence of two ...

ASIC intends to extend legislative instruments

MATTHEW WAI  |  FRIDAY, 9 AUG 2024
... 14/923] Record-keeping obligations for Australian financial services licensees when giving personal advice ; ASIC Corporations and Credit (Breach Reporting-Reportable Situations) Instrument 2021/716 ; and ASIC Credit (Breach Reporting-Prescribed Commonwealth ...

WAM calls to save in-person AGMs

ELIZA BAVIN  |  FRIDAY, 26 JUL 2024
Assistant Treasurer Stephen Jones announced this month a review to consider making temporary changes to the Corporations Act to allow hybrid and virtual-only AGMs permanently, a move which Wilson Asset Management chief executive Geoff Wilson said is ...

DG Institute to pay near $20m for misleading courses

MATTHEW WAI  |  WEDNESDAY, 24 JUL 2024
... and November 2022. The sole director of the institution, Dominique Grubisa, who is now disqualified from managing corporations for five years, has also been ordered to pay $1 million in penalties for being "knowingly concerned" in the contravention. ...

Industry funds defend CFMEU board ties

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
... support," BUSSQ said. BUSSQ also said that all its board directors are appointed under the requirements of the SIS Act, Corporations Act, Australian Financial Services Licence obligations, and Superannuation Prudential Standard 520 Fit and Proper (CPS250). ...

BitConnect promoter hit with good behaviour

KARREN VERGARA  |  TUESDAY, 16 JUL 2024
... guilty to providing unlicensed financial services on behalf of another person contrary to section 911B (1) of the Corporations Act in May. Justice Newlinds said the offence is not concerned with whether Bigatton "provided financial products advice that ...

Magellan fund to launch as active ETF

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... Accordingly, the fund will become an open-ended active ETF and an "unlisted disclosing entity" for the purposes of the Corporations Act 2001 (Cth) ("Act") subject to the continuous disclosure obligations in section 675 of the Act," Magellan said. MGF ...

Adviser exam yields 70% pass rate

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
... candidates' knowledge of advice regulatory and legal requirements, including obligations under Chapter 7 of the Corporations Act, the Anti-Money Laundering and Counter-Terrorism Financing Act 2006, the Privacy Act 1988, and the Tax Agent Services ...

Former director disqualified for breaching obligations

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... Cornerstone Venture Capital, No Bankruptcy, Storytellr, and NoBankruptcy.com.au. Oey has been disqualified from managing corporations until 6 June 2029. He has the right to see a review by the Administrative Appeals Tribunal.