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Showing 1741 - 1750 of 3918 results for "law"

Interim report dotted with questions

KANIKA SOOD  |  FRIDAY, 28 SEP 2018
What is to gain from passing new law? That's one of many questions that dotted Commissioner Kenneth Hayne executive summary for the Banking Royal Commission's final report. Hayne boiled down his 643-word summary to two questions: Why did it ...

Hayne admonishes ASIC

KARREN VERGARA  |  FRIDAY, 28 SEP 2018
... ASIC also has a preference for "easily won cases" - and does not do enough to resolve grey areas in the application of the law. ASIC defended itself by saying its approach to enforcement was due to its limited resources. "Of course ASIC, like any regulator ...

Labor proposes RC implementation task force

KANIKA SOOD  |  FRIDAY, 28 SEP 2018
... "I think this is the response that gets trotted out every time there is a demand for the sector to behave according to the law," she said. "I don't think it is a legitimate complaint for a legitimate concern," she said. Other speculation The acting ...

Royal Commission interim report released

KANIKA SOOD  |  FRIDAY, 28 SEP 2018
Passing new law to deter financial services companies from erring again would add an extra layer of complexity to an already complex regulatory regime, the Royal Commission has said in its interim report released this afternoon. "The law already requires ...

Elon Musk charged with securities fraud

KANIKA SOOD  |  FRIDAY, 28 SEP 2018
Elon Musk's tweets about taking Tesla private have seen him charged with securities fraud by the US regulator. The Securities and Exchange Commission is also seeking court approval to stop Musk from serving as an officer or a director of a public company. ...

Macquarie chiefs embroiled in German investigation

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
... at the time of the transaction. Macquarie added all individuals involved were likely to be formally classified under German law as "persons of interest or suspects" in order to be interviewed. Macquarie said the matter was also the subject of civil litigation ...

Fintech hub snaps up Afterpay co-founder

KANIKA SOOD  |  THURSDAY, 27 SEP 2018
... experience." In July last year, Stone & Chalk announced opening of a Melbourne hub with help from AustralinSuper. Earlier this year, law firm Hall & Wilcox became a corporate partner of the not-for-profit incubator, alongside the likes of NAB, ANZ, Optus ...

NAB, MLC face class action

JAMIE WILLIAMSON  |  THURSDAY, 27 SEP 2018
... the sale of worthless consumer credit insurance. The two companies will face Slater and Gordon in Federal Court after the law firm officially filed proceedings. Slater and Gordon allege MLC and NAB knowingly sold insurance to NAB credit cardholders who ...

DomaCom concludes Federal Court action

KARREN VERGARA  |  TUESDAY, 25 SEP 2018
Federal Court proceedings supported by DomaCom have concluded, allowing an SMSF to invest in DomaCom's fund even if a related party is a tenant in the underlying property. Last month, the Federal Court found that the sole purpose test was not breached ...

AFCA membership deadline arrives

JAMIE WILLIAMSON  |  FRIDAY, 21 SEP 2018
... representatives reminding them that membership to AFCA is mandatory and organisations that fail to register will be in breach of the law. The deadline for applying for membership is today, though ASIC is finalising an instrument affording firms an extension ...