Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 171 - 180 of 733 results for "Amendment"

ASIC releases CCIV guidelines

CASSANDRA BALDINI  |  FRIDAY, 24 JUN 2022
... provided to ASIC since 18 February 2020 for responsible managers and officers of the responsible entity." Despite this amendment, the corporate watchdog said it will still exercise scrutiny even if the applicant already has an AFS licence. The report ...

ASIC to strengthen market integrity rules

KARREN VERGARA  |  FRIDAY, 11 MAR 2022
ASIC is introducing changes to its market integrity rules in a bid to evade further technological glitches. As of 10 March 2023, financial markets and participants can broadly expect changes to technological and operational rules across information ...

FPA pushes for advice law simplification

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
Heavy-handed regulations puts financial advisers at significant risk of breaching the law, according to the Financial Planning Association of Australia, which is urging the government to strip out layers of complexity in the latest round of reforms. ...

$450 super threshold scrapped

JAMIE WILLIAMSON  |  FRIDAY, 11 FEB 2022
... for SG contributions to continue while on parental leave. The removal of the threshold was contained in Treasury Laws Amendment (Enhancing Superannuation Outcomes For Australians and Helping Australian Businesses Invest) Bill 2021, which also contained ...

Proxy advice reforms defeated

RACHEL ALEMBAKIS  |  FRIDAY, 11 FEB 2022
... by Independent Senator Rex Patrick and supported by the crossbench. The changes to regulations via the Treasury Laws Amendment (Greater Transparency of Proxy Advice) Regulations 2021 started on February 7, and required all proxy advisers to gain a new ...

Rainy day funds probed

ELIZABETH MCARTHUR  |  FRIDAY, 11 FEB 2022
... required by the SIS Act amendments. "I should emphasise that it's not just the industry funds that are affected by this amendment. Retail funds have also sought legal advice and have had discussions with the regulator to ensure that they're doing ...

Economics Committee to examine rainy day funds

CHLOE WALKER  |  TUESDAY, 8 FEB 2022
The House Economics Committee is going to examine the rainy day funds created by superannuation funds following recent amendments made to the Superannuation Industry (Supervision) Act 1993. The hearing, scheduled for February 10, is part of the committee's ...

Sequoia Financial Group acquires legal practice

CHLOE WALKER  |  MONDAY, 10 JAN 2022
Sequoia Financial Group (Sequoia) has announced the acquisition of the incorporated legal practice previously known as Topdocs Legal (TDL), now renamed Docscentre Legal (DCL). Boosting its professional services division, Sequoia has paid $330,000 for ...

Consultation opens for CCIV draft bill

KARREN VERGARA  |  WEDNESDAY, 22 DEC 2021
... record-keeping, and custody of CCIV assets are some of the measures outlined in the Corporations and Other Legislation Amendment (Corporate Collective Investment Vehicle Framework) Regulations 2021. The bill also sets out arrangements for cross-investment ...

FASEA defers Standard 3 amendment to ASIC

KARREN VERGARA  |  TUESDAY, 21 DEC 2021
The Financial Adviser Standards and Ethics Authority is deferring the amendments to Standard 3 to ASIC because the industry could not agree on a better alternative. FASEA floated the idea of amending Standard 3 in November, which currently states: "You ...