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Showing 131 - 140 of 902 results for %22Corporations Act%22

Australian corporate bond overhaul

ELIZABETH MCARTHUR  |  TUESDAY, 26 OCT 2021
... in a standardised approach, while introducing more flexibility for bond issuers. Review of Chapter 2L of the Corporations Act and other regulatory obligations applicable to trustees with the aim of increasing the availability of trustees for the retail ...

Class action legislation open for consultation

ANNABELLE DICKSON  |  FRIDAY, 1 OCT 2021
... funder. If the legislation progresses, it will implement key recommendations of the Parliamentary Joint Committee on Corporations and Financial Services in its report on litigation funding and the regulation of the class action industry, including recommendations ...

Social media pump and dumps gain traction

ELIZABETH MCARTHUR  |  THURSDAY, 23 SEP 2021
... stocks. It's now issued a reminder that pump and dump activity may amount to market manipulation in breach of the Corporations Act 2001. Pump and dump schemes are defined as a person buying shares in a company and starting an organised program to seek ...

ASIC worried about finfluencers

ELIZABETH MCARTHUR  |  TUESDAY, 21 SEP 2021
... information." He added that ASIC is planning on offering further clarity on records of advice and Chapter 7.7 of the Corporations Act. "The feedback I get from my own staff is that the industry can take an overly cautious compliance approach to these ...

Super funds to front committee hearing

JAMIE WILLIAMSON  |  FRIDAY, 17 SEP 2021
... inaction". In its submission on the matter, AustralianSuper said it analysed its Aussie equities portfolio using the Corporations Act's substantial holding threshold of 5% and considering at least two of the four largest companies in an industry ...

AustralianSuper says no incidents of common ownership

KANIKA SOOD  |  WEDNESDAY, 15 SEP 2021
... portfolio as well as current portfolio holdings and found no incidents of common ownership. It said it used the Corporations Act's substantial holding threshold [5%] and considered at least two of the four largest companies in an industry. "While we ...

HESTA chief joins ICGN board

ANNABELLE DICKSON  |  WEDNESDAY, 8 SEP 2021
... honoured to be elected as chair of ICGN. "ICGN is the rare entity that unites institutional investors, stakeholders, and corporations to develop strategies on issues ranging from responsive and responsible corporate governance to global economic concerns ...

FASEA exam pass rate drops

KARREN VERGARA  |  WEDNESDAY, 1 SEP 2021
... congratulates successful candidates on completing an important component of their education requirements under the Corporations Act." Over 18,140 advisers have sat the exam with approximately nine in 10 demonstrating they have the skills to apply their ...

Westpac cops $10.5m fine

ANNABELLE DICKSON  |  TUESDAY, 24 AUG 2021
... consumers." In December 2018, the Federal Court ruled that Westpac Securities and BT Funds Management had breached the Corporations Act when recommending customers rollover of superannuation accounts to Westpac/BT products. However, Westpac won as the ...

Benefits of advice reforms yet to materialise

KARREN VERGARA  |  TUESDAY, 24 AUG 2021
... moving to a single disciplinary body, to additional penalties and sanctions for breaching obligations under the Corporations Act, Rainmaker said.