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Showing 1521 - 1530 of 1802 results for "Regulation 2014"

ASIC to tighten debenture regulations

CHRIS NICHOLLS  |  FRIDAY, 24 AUG 2007
The Australian Securities and Investments Commission (ASIC) has released a consultation paper proposing tighter regulation of the unlisted, unrated debenture market following the collapse of companies like Westpoint and ACR. The paper, unlisted, unrated ...

APRA bans former Zurich CEO

CHRIS NICHOLLS  |  TUESDAY, 21 AUG 2007
The Australian Prudential Regulation Authority (APRA) has disqualified another former Zurich chief executive officer, Malcolm Murray Jones, from directorial or senior management roles, six months after investigations concluded. Jones was a director ...

Avoid mistakes and we'll minimise regulation: Pearce

ALEX DUNNIN  |  WEDNESDAY, 15 AUG 2007
If the financial services industry wants less government regulatory intervention it should introduce more self-regulation and ensure that the industry makes fewer mistakes, said Chris Pearce, parliamentary secretary to the Treasurer. "The main reason ...

Virtual bank collapse a warning to online world

CHRIS NICHOLLS  |  WEDNESDAY, 15 AUG 2007
The recent collapse of popular online role-playing game Second Life's largest bank has highlighted the problems an unregulated economy can have, even a virtual one. Last week, the game's biggest bank, Ginko Bank, closed after depositors rushed to withdraw ...

ASFA changes guard

CHRIS NICHOLLS  |  MONDAY, 6 AUG 2007
... July. She originally trained and practised as a lawyer and first came to prominence as director of financial services regulation - licensing and business operations at ASIC, a position held until 2004. In 2002, she was selected as Most Influential Person ...

ASIC to update planner training guidelines

CHRIS NICHOLLS  |  WEDNESDAY, 1 AUG 2007
The Australian Securities and Investments Commission (ASIC) is seeking feedback on proposals to update its training guidelines for financial planners. The proposed changes relate to Regulatory Guide 146 (RG 146), and take into account submissions to ...

Regulators clamp down on illegal super schemes

The Australian Securities and Investments Commission (ASIC) and the Australian Taxation Office (ATO) have found that the number of promoters of illegal access of super schemes has increased and warned consumers that those who sign up face tough legal ...

APRA extends custodian downstream rule exemption

ALEX DUNNIN  |  TUESDAY, 3 JUL 2007
New regulations by the Australian Prudential Regulation Authority (APRA) extends the exemption custodians had from some previous downstream outsourcing prohibitions, but only if the primary custodian continues to carry all the responsibility. The regulator ...

Member TFNs now law but problems persist

ALEX DUNNIN  |  MONDAY, 2 JUL 2007
Fund members not wanting to lose their superannuation tax concessions are, since 1 July, required to supply their Tax File Number (TFN) to their fund, but that doesn't mean concerns about how the legislation operates have subsided. Josel Ginsburg, a ...

Industry funds show strongest growth in assets

ALEX DUNNIN  |  MONDAY, 2 JUL 2007
Industry super funds continue to grow, driven by returns, their extra value and members making the switch, said David Whiteley, executive manager of the Industry Super Network. Whiteley said industry funds showed the strongest growth in assets for the ...