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Showing 1851 - 1860 of 3919 results for "law"

More adviser participation needed to shape ethics code

JAMIE WILLIAMSON  |  WEDNESDAY, 16 MAY 2018
... it a broad requirement, he said the measure is problematic as there is no definitive means of determining the spirit of the law. "Is it revealed by the words of the politicians and review panels that may have recommended that law? Is it revealed by the ...

ANZ insto property head joins $2.3bn debt manager

HARRISON WORLEY  |  WEDNESDAY, 16 MAY 2018
... institutional property at ANZ has joined a commercial real estate debt manager as investment director. Based in Sydney, Eddie Law will focus on the New South Wales, Queensland and ACT markets; he will manage relationships with borrowers and corporate ...

ASIC wants industry views on short selling

DARREN SNYDER  |  TUESDAY, 15 MAY 2018
... which would allow market makers of certain exchange-traded products to naked short sell units in an ETF or a managed fund. The law enforcement agency is seeking feedback on several proposals relating to both naked and covered short selling. The consultation ...

ASIC consults on advice code monitoring bodies

JAMIE WILLIAMSON  |  TUESDAY, 15 MAY 2018
... bound to share materials with the monitoring body and to comply with the terms of the scheme and any decisions reached as the law does not currently compel financial advisers to comply with the directions of a monitoring body. ASIC deputy chair Peter ...

AMP hit with another proposed class action

JAMIE WILLIAMSON  |  TUESDAY, 15 MAY 2018
... has jumped on the bandwagon, seeking interest to launch a third class action against AMP. Announcing its action today, the law firm is attempting to attract as many AMP shareholders as possible by way of a "market disrupting" commission of 12.5% that ...

Vertical integration needs overhaul: Poll

KANIKA SOOD  |  MONDAY, 14 MAY 2018
... UBS believes while the Royal Commission may propose outlawing vertical integration, it is unlikely to ultimately become a law, according to its analysts in a research note dated May 4. However, UBS is now putting a 20% probability on structural separation ...

Activist LIC appoints new director

HARRISON WORLEY  |  MONDAY, 14 MAY 2018
An activist listed investment company has appointed a former Merrill Lynch and Goldman Sachs investment banker to its board. Melinda Snowden has joined the board of ASX-listed Sandon Capital Investments as an independent non-executive director. Snowden ...

Adviser disciplinary regime has holes: AFA

JAMIE WILLIAMSON  |  MONDAY, 14 MAY 2018
... professional discipline of advisers, the AFA said: "If the question is referring to a single disciplinary body, where breaches of the law and breaches of the Code of Ethics were all considered by the same body then this would involve significant regulatory ...

AMP to fight class actions, prioritise performance

HARRISON WORLEY  |  THURSDAY, 10 MAY 2018
AMP confirmed it will vigorously defend two class action lawsuits brought against it by shareholders in the wake of the Financial Services Royal Commission. In an ASX announcement on the morning of its AGM, AMP stated it had been served with two class ...

Link Group loses $15bn industry fund mandate

ALEX BURKE  |  THURSDAY, 10 MAY 2018
As part of its discussions about how the Budget's superannuation reforms will affect business, Link Group said its contract with a $15 billion industry fund will not be renewed. The mandate with CareSuper represents about 1% of Link Group's pro-forma ...