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Showing 1491 - 1500 of 3918 results for "law"

Results of ASIC MDA review imminent

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 SEP 2019
... give rise to conflicts and the ways in which those conflicts are managed." In the submission, IMAP maintains that the current law and ASIC guidance amply addresses concerns about conflicts of interests. Potter said: "IMAP is keen to ensure that the regulations ...

Insider trading rife among company directors: ANU

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2019
... only to company insiders, about the future performance of the firm. This most certainly amounts to insider trading under the law." "It was the exact opposite of what you'd expect to see after either kind of news. If the news had the potential to ...

Purdue bankruptcy vindicates ESG screens

ELIZABETH MCARTHUR  |  MONDAY, 23 SEP 2019
Purdue Pharma has filed for bankruptcy after facing a slew of lawsuits for the mismarketing of its product OxyContin. The company's marketing and mislabelling of OxyContin has seen it accused of causing the opioid addiction crisis in the US. Purdue ...

APRA considers appeal in IOOF case

ELIZA BAVIN  |  MONDAY, 23 SEP 2019
... disappointed by the decision last week but added the case served to examine a range of legal questions related to superannuation law and regulation that had not previously been tested in court. "Litigation outcomes are inherently unpredictable, however ...

Super trustees must do better: Byres

HARRISON WORLEY  |  FRIDAY, 20 SEP 2019
APRA will soon need to have some difficult conversations with poorly performing superannuation funds, according to chair Wayne Byres. Speaking at a Gilbert + Tobin event in Sydney this week, Byres said the ability of the prudential regulator to hold ...

Major super funds caught in fraud scandal

ELIZA BAVIN, JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2019
... protect our members' accounts." A Rest spokesperson also commented, saying the fund is fully cooperating with regulators and law enforcement on the matter. "Our members can be assured that we have strict controls and processes in place to protect ...

Chief economist update: Plenty of oil

BENJAMIN ONG  |  WEDNESDAY, 18 SEP 2019
... OIL!" At the end of the day, a sustainable rise in crude oil prices would be - as they have always been - dictated by the law of supply and demand.

Government moves to expand design, distribution laws

HARRISON WORLEY  |  FRIDAY, 13 SEP 2019
Consultation is open for exposure draft regulations extending the Federal government's design and distribution obligations. The government has released updated design and distribution obligations, which now extend to investor directed portfolio services ...

One regulatory regime enough: FSC

HARRISON WORLEY  |  FRIDAY, 13 SEP 2019
... education standards are transforming financial advisers into a profession in line with other professions such as accounting and law. "These changes present a timely opportunity to integrate Tax (Financial) Advisers (TFAs) into the regulatory framework ...

Calls to give ASIC power to repair reputations

ELIZA BAVIN  |  WEDNESDAY, 11 SEP 2019
A prominent lawyer has argued ASIC should be given the power to issue "no action letters" to those not under formal investigation for wrongdoing following the Royal Commission. Philip Crutchfield, QC, who previously acted for the corporate watchdog ...