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Showing 191 - 200 of 1333 results for "Corporations"

Treasury promises flexibility to adviser qualifications

KARREN VERGARA  |  WEDNESDAY, 31 JAN 2024
... demonstrate they satisfy the conditions of an approved degree or qualification. Under draft legislation that amends Corporations (Relevant Providers Degrees, Education and Training Standards) Determination 2021, this can be done with one or more academic ...

ASIC files contempt orders against repeat offender

CHLOE WALKER  |  MONDAY, 29 JAN 2024
... that Fuoco was running Financial Circle from August 2017 to September 2018, despite being disqualified from managing corporations for two and a half years in 2016. Because of the investigation, Financial Circle's AFSL and credit licenses were cancelled ...

Standalone laws key to solving legislative 'porridge': ALRC

JAMIE WILLIAMSON  |  FRIDAY, 19 JAN 2024
... 'confusing maze' of financial services laws, the Australian Law Reform Commission (ALRC) has recommended overhauling the Corporations Act and creating dedicated financial services legislation. The ALRC has been reviewing existing legislation to identify ...

Government proposes framework for clearing and settlement services regulation

ANDREW MCKEAN  |  WEDNESDAY, 17 JAN 2024
The government has released the Corporations and Competition (CS Services) Instrument 2024, a new legislative proposal aimed at regulating clearing and settlement (CS) services. The proposed instrument, issued under the authority of assistant treasurer ...

Treasury releases climate disclosure draft legislation

RACHEL ALEMBAKIS  |  TUESDAY, 16 JAN 2024
... accounting standard. The legislation would amend the Australian Securities and Investment Commission Act and the Corporations Act. Under the proposed legislation, entities who meet two of the three criteria - revenue of $500 million or more, assets of ...

First trillionaire to emerge in next decade: Report

JAMIE WILLIAMSON  |  MONDAY, 15 JAN 2024
... multi-millionaires and billionaires locally. The government should also introduce a permanent windfall profits tax on big corporations, it said. Fossil fuel subsidies should also be ended, it suggested.

Centuria REIT valuation dives $124m

JAMIE WILLIAMSON  |  FRIDAY, 12 JAN 2024
... accommodation, which continues to attract high-quality tenants, including government, ASX-listed and multinational corporations." "The geographically diversified portfolio provides a staggered lease expiry profile underpinned by strong tenant covenants. ...

Court fines Linchpin, Endeavour directors

KARREN VERGARA  |  THURSDAY, 11 JAN 2024
... ordered that Nielsen and Williams each pay a $100,000 penalty for their involvement. They are also banned from managing corporations for four years. Raftery will pay a $40,000 penalty and be banned from managing a corporation for three years. The trio ...

ASIC cracks down on Prospero for reporting failures

CHLOE WALKER  |  WEDNESDAY, 10 JAN 2024
... period or cancelled," the corporate regulator said. ASIC has been investigating Prospero for suspected breaches of the Corporations Act. Its investigation commenced on 16 November 2023 and is looking back as far as 1 March 2021. In December, Prospero ...

Insignia Financial class action dismissed by court

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2024
... knowledge, not information withheld by the group. In all, it was determined that Insignia did not contravene the Corporations Act, nor did it "engage in misleading or deceptive conduct by silence." Shine Lawyers acknowledged the court's decision ...