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Showing 1 - 10 of 20 results for %22Powers of Attorney Act%22

Why aged care advice needs tougher regulation

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
... consultation will also cover the non-financial aspects of aged care funding strategies. This includes legal aspects like Wills, powers of attorney, or enduring guardianships. Biti said it is essential to distinguish when licensed financial advice is ...

SEC sues Kraken exchange again

CASSANDRA BALDINI  |  WEDNESDAY, 22 NOV 2023
... Bank Secrecy Act (BSA), failure to register as a money transmitting business, and the International Emergency Economic Powers Act (IEEPA). Binance will fork out $4 billion to resolve the Justice Department's investigation and Zhao, who has also pleaded ...

Government cracks down following PwC scandal

CASSANDRA BALDINI  |  TUESDAY, 8 AUG 2023
... transparency over agent and firm misconduct. "Legislation to strengthen the integrity of our tax system and increase the powers of regulators will be introduced this year, with consultation on the reforms beginning shortly," the joint statement added. ...

Financial services laws under review

JAMIE WILLIAMSON  |  TUESDAY, 15 SEP 2020
... by 30 September 2022. This will examine how legislative complexity can be appropriately managed over time, how delegated powers should be expressed in legislation, and how best to maintain regulatory flexibility to address unforeseen or unprecedented ...

QSuper board takes AFCA decision to court

KANIKA SOOD  |  THURSDAY, 16 APR 2020
... documents: "The central issue in this appeal initially appeared to be whether AFCA's decision was invalid because the powers purportedly exercised by it under s 1055 of the Corporations Act 2001 (Cth) (CA) contravened Ch III of the Commonwealth of ...

Frydenberg splashes $50m to pursue financial services crime

HARRISON WORLEY  |  FRIDAY, 16 NOV 2018
... financial institutions, and enable the regulator to conduct a review of its enforcement strategy and use of formal enforcement powers.

New campaign combats elder financial abuse

KARREN VERGARA  |  MONDAY, 18 JUN 2018
... abuse support services. It also aims to work with states and territories to develop a national online register for enduring powers of attorney, in addition to developing a national plan on elder abuse. The United Nations designated June 15 as World Elder ...

Estate planning lawyer fined for misconduct

KANIKA SOOD  |  WEDNESDAY, 30 MAY 2018
... the testator had signed it; witnessing the POA before the donor had signed it, making a false certificate under s19 of Powers of Attorney Act 2003; and seeking the client execute a will or POA when the documents already had the legal practitioner and ...

ANZ issues last minute RC submission correction

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... financial advisers. These include instances of forged customer signatures; customers being impersonated; fraudulent uses of Powers of Attorney; falsely witnessing documents; and the transfer of client funds into advisers' personal bank accounts. ANZ ...

Spotlight on financial elder abuse

JAMIE WILLIAMSON  |  FRIDAY, 6 APR 2018
... understanding of customer's circumstances, not just their financial situation. She also suggested reading up on what 'additional powers' are afforded to attorneys of power under the Powers of Attorney Act. Further measures that can prove effective include ...
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